XML 146 R111.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

TRANSACTIONS WITH RELATED PARTIES - Detail of loans to and borrowings (Details) ₫ in Millions | 12 Months Ended |  |
--- | --- | --- | ---
Dec. 31, 2023 VND (₫) | Dec. 31, 2023 USD ($) | Dec. 31, 2022 VND (₫) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 VND (₫) | Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($)
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Outstanding receivables | ₫ 3,128,106 |  | ₫ 2,022,630 |  |  | $ 131,069,555 |
Maximum |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Interest rate per annum | 15.00% | 15.00% |  |  |  |  |
Maximum | VinFast Trading and Production JSC [Member] |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Amount of transaction | ₫ 60,000,000 | $ 2,514,000,000.0 |  |  |  |  |
Minimum |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Interest rate per annum | 5.70% | 5.70% |  |  |  |  |
Grants | Vingroup JSC | Maximum | VinFast Trading and Production JSC [Member] |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Amount of transaction | ₫ 12,000,000 | $ 502,800,000 |  |  |  |  |
Grants | Pham Nhat Vuong | VinFast Trading and Production JSC [Member] |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Proceeds from grants received | 20,647,800 | 865,200,000 |  |  |  |  |
Grants | Pham Nhat Vuong | Maximum | VinFast Trading and Production JSC [Member] |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Amount of transaction | 24,000,000 | 1,005,600,000 |  |  |  |  |
Borrowings | Vingroup JSC | VinFast Trading and Production JSC [Member] |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Loans to VinFast in accordance with the Capital Funding Agreement | 23,986,600 | 1,005,100,000 |  |  |  |  |
Borrowings | Vingroup JSC | Maximum | VinFast Trading and Production JSC [Member] |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Amount of transaction | 24,000,000 | $ 1,005,600,000 |  |  |  |  |
Related party |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Short-term amounts due from related parties | 3,080,663 |  | 1,978,097 |  |  | 129,081,664 |
Other current liabilities | 44,338,043 |  | 17,325,317 |  |  | 1,857,791,125 |
Other | 18,151,355 |  | 21,918,710 |  |  | 760,552,879 |
Related party | VIG | VinFast Trading and Production JSC [Member] | ICE Assets [Member] | ICE assets disposal |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Gain from disposal of ICE assets |  |  | 13,604,200 |  |  |  |
Outstanding receivables |  |  | 1,642,500 |  |  |  | $ 68,800,000
Adjustments to additional paid in capital, deemed contribution from disposal of assets |  |  | 11,961,700 | $ 501,200,000 |  |  |
Related party | Short-term loans, advance to and receivables from related parties |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Short-term amounts due from related parties | 3,080,663 |  | 1,978,097 |  |  | 129,081,664 |
Related party | Short-term loans |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Short-term amounts due from related parties |  |  | 545,400 |  |  |  |
Related party | Short-term loans | Vinpearl JSC |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Short-term amounts due from related parties |  |  | ₫ 545,400 |  |  |  |
Interest rate per annum |  |  | 9.00% | 9.00% |  |  |
Related party | Short-term payables to and borrowings from related parties |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Other current liabilities | 44,338,043 |  | ₫ 17,325,317 |  |  | 1,857,791,125 |
Related party | Short-term borrowings |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Other current liabilities | 37,427,295 |  | 719,920 |  |  | 1,568,226,557 |
Related party | Short-term borrowings | Vinpearl JSC |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Other current liabilities | ₫ 16,505 |  | ₫ 300,000 |  |  |  |
Interest rate per annum | 7.00% | 7.00% | 9.00% | 9.00% |  |  |
Related party | Short-term borrowings | Vingroup JSC |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Other current liabilities | ₫ 37,410,790 |  | ₫ 325,000 |  |  |  |
Interest rate per annum |  |  | 9.00% | 9.00% |  |  |
Related party | Short-term borrowings | Vingroup JSC | Maximum |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Interest rate per annum | 12.00% | 12.00% |  |  |  |  |
Related party | Short-term borrowings | Vingroup JSC | Minimum |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Interest rate per annum | 5.70% | 5.70% |  |  |  |  |
Related party | Short-term borrowings | Asian Star |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Other current liabilities |  |  | ₫ 94,920 |  |  |  |
Interest rate per annum |  |  | 7.50% | 7.50% |  |  |
Related party | Long-term payables to related parties |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Other | ₫ 18,151,355 |  | ₫ 21,918,710 |  |  | 760,552,879 |
Related party | Long-term borrowings |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Other | 2,385,697 |  | 7,547,345 |  |  | $ 99,962,164 |
Related party | Long-term borrowings | Vinpearl JSC |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Other |  |  | ₫ 7,547,345 |  |  |  |
Interest rate per annum |  |  | 9.00% | 9.00% |  |  |
Related party | Long-term borrowings | Vingroup JSC |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Other | ₫ 2,385,697 |  |  |  |  |  |
Related party | Long-term borrowings | Vingroup JSC | Maximum |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Interest rate per annum | 15.00% | 15.00% |  |  |  |  |
Related party | Long-term borrowings | Vingroup JSC | Minimum |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Interest rate per annum | 14.50% | 14.50% |  |  |  |  |
Related party | Borrowings | Vinpearl JSC |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Amount of transaction |  |  | ₫ 500,000 |  |  |  |
Related party | Borrowings | Vingroup JSC |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Amount of transaction | ₫ 73,708,579 | $ 3,088,434,551 | 51,879,878 |  | ₫ 31,938,007 |  |
Related party | Borrowings | Asian Star |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Amount of transaction |  |  | 94,920 |  |  |  |
Related party | Borrowings | Vincom Retail JSC |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Amount of transaction | ₫ 3,540,000 | $ 148,328,166 | ₫ 3,250,000 |  | 295,000 |  |
Related party | Borrowings | Vinhomes JSC |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |
Amount of transaction |  |  |  |  | ₫ 4,270,000 |  |

X
- Definition Amount of liabilities classified as other, due within one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_OtherLiabilitiesCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of liabilities classified as other, due after one year or the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.24) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_OtherLiabilitiesNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount due from parties in nontrade transactions, classified as other. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(5)(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)(a)(4)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_OtherReceivables
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, after allowance, of receivables classified as other, due within one year or the operating cycle, if longer. + References No definition available. + Details
Name: | us-gaap_OtherReceivablesNetCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The cash inflow from a long-term borrowing made from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from Advances from Affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-14 + Details
Name: | us-gaap_ProceedsFromRelatedPartyDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of transactions with related party during the financial reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483326/850-10-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483326/850-10-50-3 + Details
Name: | us-gaap_RelatedPartyTransactionAmountsOfTransaction
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(c)(2)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(c)(2)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(g)(3)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 + Details
Name: | us-gaap_RelatedPartyTransactionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Identify the stated interest rate per the agreement, for example, leasing and debt arrangements between related parties. + References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of increase in additional paid in capital (APIC) resulting from deemed contribution from disposal of assets. + References No definition available. + Details
Name: | vfs_AdjustmentsToAdditionalPaidInCapitalDeemedContributionFromDisposalOfAssets
Namespace Prefix: | vfs_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. Excludes discontinued operations. + References No definition available. + Details
Name: | vfs_GainFromDisposalOfIceAssets
Namespace Prefix: | vfs_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Cash received for grants. + References No definition available. + Details
Name: | vfs_ProceedsFromGrantsReceived
Namespace Prefix: | vfs_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=vfs_VinfastTradingAndProductionJscMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=vfs_GrantsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=vfs_VingroupJscMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=vfs_PhamNhatVuongMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=us-gaap_BorrowingsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=us-gaap_RelatedPartyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=vfs_VietnamInvestmentGroupJointStockCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=vfs_IceAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DisposalGroupClassificationAxis=us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=vfs_ShortTermLoansAdvanceToAndReceivablesFromRelatedPartiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=vfs_ShortTermLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=vfs_VinpearlJscMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=vfs_ShortTermPayablesToAndBorrowingsFromRelatedPartiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=us-gaap_ShortTermDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=vfs_AsianStarMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=vfs_LongTermPayablesToRelatedPartiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=us-gaap_LongTermDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=vfs_VincomRetailJscMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=vfs_VinhomesJscMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |