Report
VinFast's factory sales narrow net loss as loss from continuing operations widens
Nikkei Asia reports a $1.24 billion loss from continuing operations, up 48% from the previous quarter.
TLDR
Nikkei Asia reports that VinFast's net loss fell to $56 million in the second quarter of 2026, mainly because it sold its factories in Vietnam. VinFast said its $1.24 billion loss from continuing operations rose 48% from the previous quarter, largely offset by a $1.18 billion gain from discontinued operations. The company said it sold 70,085 EVs that quarter and sees India, Indonesia and the Philippines as key overseas markets.
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