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LEASES (Tables) | 12 Months Ended
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Dec. 31, 2023
LEASES |
Schedule of operating leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of December 31,
​ | ​ | 2022 |  | 2023 |  | 2023
​ | ​ | VND million | ​ | VND million | ​ | USD
Operating lease |  |  |  |  |  |
Right-of-use assets – Operating lease |  | 4,558,983 |  | 7,074,785 |  | 296,437,819
Total operating lease liabilities |  | 4,025,234 |  | 6,847,762 |  | 286,925,417
In which: |  | ​ |  | ​ |  | ​
Current portion of operating lease liabilities |  | 768,883 |  | 1,520,305 |  | 63,701,710
Non-current operating lease liabilities |  | 3,256,351 |  | 5,327,457 |  | 223,223,707
In which: |  | ​ |  | ​ |  | ​
Lease liabilities from related parties (*) |  | 689,846 |  | 1,098,369 |  | 46,022,333
Lease liabilities from third parties |  | 3,335,388 |  | 5,749,393 |  | 240,903,084
(*) Detail of balance of lease liabilities from related parties are as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2022 |  | 2023 |  | 2023
​ | ​ | VND million | ​ | VND million | ​ | USD
Vinhomes JSC |  | 41,517 |  | 36,133 |  | 1,513,995
VHIZ JSC | ​ | — | ​ | 480,290 | ​ | 20,124,445
Vincom Retail JSC |  | 237,939 |  | 251,927 |  | 10,555,895
Vincom Retail Operation LLC | ​ | 410,390 | ​ | 310,162 | ​ | 12,995,978
Others |  | — |  | 19,857 |  | 832,020
TOTAL |  | 689,846 |  | 1,098,369 |  | 46,022,333
Schedule of components of lease expense, other information and supplemental cash flow information related to operating leases | The components of lease expense are as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year ended December 31,
​ |  | 2021 | ​ | 2022 |  | 2023 |  | 2023
​ | ​ | VND million | ​ | VND million | ​ | VND million | ​ | USD
Operating lease expense |  | 336,644 | ​ | 757,710 |  | 1,729,244 |  | 72,456,381
Finance lease expense |  | 12,421 | ​ | — |  | — |  | —
​ Other information related to operating leases where the Group is the lessee is as follows:
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, |
​ |  | 2022 |  | 2023 |
Weighted-average remaining lease term: (months) | ​ | ​ | ​ | ​ | ​
Operating lease |  | 79 |  | 76 | ​
Weighted-average discount rate: |  |  |  |  | ​
Operating leases |  | 9.20 | % | 11.26 | %
​ ​ 17.LEASES (continued) Supplemental cash flow information related to operating leases where the Group is the lessee was as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year ended December 31,
​ |  | 2021 |  | 2022 | ​ | 2023 |  | 2023
​ | ​ | VND million | ​ | VND million | ​ | VND million | ​ | USD
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  | ​ | ​ |  |
Operating cash outflows from operating leases |  | 289,642 |  | 638,235 | ​ | 1,549,627 |  | 64,930,319
Schedule of maturities of operating lease liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2022 |  | 2023 |  | 2023
​ | ​ | VND million | ​ | VND million | ​ | USD
Less than 1 year |  | 811,630 |  | 1,611,095 |  | 67,505,866
From 1 to 2 years |  | 905,685 |  | 1,829,025 |  | 76,637,266
From 2 to 3 years |  | 904,013 |  | 1,700,901 |  | 71,268,792
From 3 to 4 years |  | 822,308 |  | 1,513,648 |  | 63,422,777
From 4 to 5 years |  | 647,396 |  | 949,310 |  | 39,776,670
Thereafter |  | 2,086,969 |  | 2,711,211 |  | 113,601,399
TOTAL |  | 6,178,001 |  | 10,315,190 |  | 432,212,770
Less: Imputed interest |  | 2,152,767 |  | 3,467,428 |  | 145,287,353
Present value of lease obligations |  | 4,025,234 |  | 6,847,762 |  | 286,925,417
Less: Current portion |  | 768,883 |  | 1,520,305 |  | 63,701,710
Non-current portion of lease obligations |  | 3,256,351 |  | 5,327,457 |  | 223,223,707
Schedule of maturities of operating lease and sales-type lease receivables from customers | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Sale-type lease | ​ | Operating lease
​ | ​ | As of December 31, | ​ | As of December 31,
​ | ​ | 2022 | ​ | 2023 | ​ | 2023 | ​ | 2022 | ​ | 2023 | ​ | 2023
​ |  | VND million |  | VND million |  | USD |  | VND million |  | VND million |  | USD
Less than 1 year |  | 18,677 |  | 107,553 |  | 4,506,536 |  | 92,632 |  | 165,767 |  | 6,945,739
From 1 to 2 years |  | 18,677 |  | 107,553 |  | 4,506,536 |  | 92,632 |  | 165,767 |  | 6,945,739
From 2 to 3 years |  | 18,677 |  | 107,553 |  | 4,506,536 |  | 92,632 |  | 165,767 |  | 6,945,739
From 3 to 4 years |  | 18,677 |  | 107,553 |  | 4,506,536 |  | 92,632 |  | 165,767 |  | 6,945,739
From 4 to 5 years |  | 18,677 |  | 107,553 |  | 4,506,536 |  | 92,632 |  | 165,767 |  | 6,945,739
Thereafter |  | 56,031 |  | 322,353 |  | 13,506,789 |  | 367,748 |  | 653,545 |  | 27,383,935
TOTAL |  | 149,416 |  | 860,118 |  | 36,039,469 |  | 830,908 |  | 1,482,380 |  | 62,112,630
Schedule of lease receivables relating to sales-type leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2022 |  | 2023 |  | 2023
​ | ​ | VND million | ​ | VND million | ​ | USD
Gross lease receivables |  | 149,417 |  | 904,418 |  | 37,895,667
Received cash |  | (2,649) |  | (53,765) |  | (2,252,786)
Unearned interest income |  | (59,258) |  | (142,436) |  | (5,968,156)
Net investment in sales-type leases |  | 87,510 |  | 708,217 |  | 29,674,725
Reported as: |  | ​ |  | ​ |  | ​
Current net investment in sales-type lease |  | 5,448 |  | 87,552 |  | 3,668,482
Non-current net investment in sales-type lease |  | 82,062 |  | 620,665 |  | 26,006,243
Net investment in sales-type leases |  | 87,510 |  | 708,217 |  | 29,674,725
Schedule of lease income in operating lease | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year ended December 31,
​ |  | 2021 |  | 2022 | ​ | 2023 |  | 2023
​ | ​ | VND million | ​ | VND million | ​ | VND million | ​ | USD
Lease income relating to lease payments |  | 11,466 |  | 26,387 | ​ | 233,817 |  | 9,797,059
Lease income relating to variable lease payments not included in the measurement of the lease receivable |  | 7,770 |  | 14,065 | ​ | 67,272 |  | 2,818,722
​

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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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