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ORGANIZATION AND NATURE OF OPERATIONS (Tables) | 12 Months Ended
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Dec. 31, 2024
ORGANIZATION AND NATURE OF OPERATIONS |
Schedule of group of entities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | As of December 31, 2023 | ​ | As of December 31, 2024 | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Voting | ​ | Equity | ​ | Voting | ​ | Equity | ​ | Registered office’s | ​ | ​
No. |  | Name |  | Short name |  | right (%) |  | interest (%) |  | right (%) |  | interest (%) |  | address |  | Principal activities
1 |  | VinFast Auto Ltd. |  | VinFast Auto |  | — |  | — |  | — |  | — |  | 61 Robinson Road #06-01 |  | Investment holding
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (Suite 608), 61 Robinson, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Singapore 068893 | ​ | ​
2 |  | VinFast Trading and Production JSC |  | VinFast Vietnam |  | 99.9 |  | 99.9 |  | 99.9 |  | 99.9 |  | Dinh Vu – Cat Hai |  | Manufacturing cars,
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Economic Zone, Cat Hai | ​ | motor vehicles, render
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Island, Cat Hai Town, Cat | ​ | leasing activities and
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Hai District, Hai | ​ | related businesses
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Phong City, Vietnam | ​ | ​
3 |  | VinFast Commercial and Services Trading LLC |  | VinFast Trading |  | 99.5 |  | 98.7 |  | 99.5 |  | 99.4 |  | No. 7, Bang Lang 1 |  | Vehicles retail and
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Street, Vinhomes | ​ | distribution
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Riverside Eco-Urban | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Area, Viet Hung Ward, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Long Bien District, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Hanoi, Vietnam | ​ | ​
4 |  | VinFast Germany GmbH |  | VinFast Germany |  | 100.0 |  | 99.9 |  | 100.0 |  | 99.9 |  | Kornmarktarkaden, |  | Trading, importing and
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Bethmannstraße | ​ | exporting equipment,
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 8/Berliner Straße 51 – | ​ | components and spare
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 60311 Frankfurt am | ​ | parts for automobiles,
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Main, Germany | ​ | e-scooters and related goods
5 |  | VinFast Engineering Australia Pty Ltd (*) |  | VinFast Australia |  | 100.0 |  | 99.9 |  | 100.0 |  | 99.9 |  | 234 Balaclava Road, |  | Automobile designing,
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Caulfield North, VIC | ​ | collaborating in
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 3161, Australia | ​ | technological research,
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | importing and distributing goods
6 | ​ | Vingroup Investment | ​ | Vingroup Investment | ​ | 99.3 | ​ | 99.2 | ​ | 99.3 | ​ | 99.2 | ​ | No. 7, Bang Lang 1 | ​ | Consultancy and
​ | ​ | Vietnam JSC | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Street, Vinhomes | ​ | investment activities
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Riverside Eco-Urban | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Area, Viet Hung Ward, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Long Bien District, Hanoi, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Vietnam | ​ | ​
7 | ​ | Vingroup USA, LLC | ​ | Vingroup USA | ​ | 100.0 | ​ | 100.0 | ​ | 100.0 | ​ | 100.0 | ​ | 333 W. San Carlos St., | ​ | Importing and
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Suite 600, San Jose, | ​ | distributing electronic and
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | CA 95110, USA | ​ | telecommunication
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | equipment
8 |  | VinFast USA Distribution, LLC |  | VinFast USA Distribution |  | 100.0 |  | 100.0 |  | 100.0 |  | 100.0 |  | 12777 West Jefferson Blvd, |  | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Suite A-101, Los Angeles, | ​ | vehicles
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | CA 90066, USA | ​ | ​
9 |  | VinFast Auto, LLC |  | VinFast Auto, LLC |  | 100.0 |  | 100.0 |  | 100.0 |  | 100.0 |  | 790 N. San Mateo Drive, |  | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | San Mateo, CA 94401, | ​ | vehicles
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | USA | ​ | ​
10 |  | VinFast Auto Canada Inc. |  | VinFast Auto Canada |  | 100.0 |  | 99.2 |  | 100.0 |  | 99.2 |  | Suite 2600, Three |  | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Bentall Centre 595 | ​ | vehicles
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Burrard Street, P.O. Box | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 49314, Vancouver Bc | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | V7X 1L3, Canada | ​ | ​
11 |  | VinFast France |  | VinFast France |  | 100.0 |  | 99.2 |  | 100.0 |  | 99.2 |  | 72 rue du Faubourg Saint |  | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Honoré, Paris, 75008 | ​ | vehicles
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | France | ​ | ​
12 |  | VinFast Netherlands B.V |  | VinFast Netherlands |  | 100.0 |  | 99.2 |  | 100.0 |  | 99.2 |  | Vijzelstraat 68, 1017HL |  | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Amsterdam, Netherlands | ​ | vehicles
13 |  | VinFast Manufacturing US, LLC (***) |  | VinFast Manufacturing |  | 100.0 |  | 100.0 |  | 100.0 |  | 100.0 |  | 160 Mine Lake Court, |  | Vehicles manufacturing.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Ste 200, Raleigh, North | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Carolina 27615, USA | ​ | ​
14 |  | PT VinFast Automobile Indonesia (***) |  | VinFast Indo |  | 99.9 |  | 99.9 |  | 100.0 |  | 99.6 |  | Axa Tower, 45th Floor, |  | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | JL. Prof. Dr. Satrio Kav | ​ | vehicles
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 18., Karet Kuningan | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Village/Subdistrict, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | District. Setiabudi, City Adm. | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Jakarta South, DKI Jakarta Province. | ​ | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | As of December 31, 2023 | ​ | As of December 31, 2024 | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Voting | ​ | Equity | ​ | Voting | ​ | Equity | ​ | Registered office’s | ​ | ​
No. |  | Name |  | Short name |  | right (%) |  | interest (%) |  | right (%) |  | interest (%) |  | address |  | Principal activities
15 |  | PT VinFast Trading Indonesia |  | VinFast Trading |  | — |  | — |  | 99.0 |  | 98.6 |  | Axa Tower, 45th Floor, |  | Distribution of automotive
​ | ​ | ​ | ​ | Indo | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | JL. Prof. Dr. Satrio Kav | ​ | vehicles
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 18., Karet Kuningan | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Village/Subdistrict, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | District. Setiabudi, City Adm. | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Jakarta South, DKI Jakarta | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Province. | ​ | ​
16 |  | VinFast Auto (Thailand) Co., Ltd. (*) |  | VinFast Thailand |  | 99.9 |  | 99.9 |  | 99.9 |  | 99.9 |  | Bangkok, Thailand |  | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | vehicles
17 | ​ | VinFast India Ltd. (***) | ​ | VinFast India | ​ | 99.9 | ​ | 99.9 | ​ | 99.9 | ​ | 99.9 | ​ | Flat No.164, Ground Floor, | ​ | Vehicles manufacturing and
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Suryodaya Apartment, | ​ | related businesses.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Pocket-8, Sector 12, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Dwarka, New Delhi-110078, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | India | ​ | ​
18 | ​ | VinFast UK Ltd. (*) | ​ | VinFast UK | ​ | 100.0 | ​ | 100.0 | ​ | 100.0 | ​ | 100.0 | ​ | 21 Holborn Viaduct, | ​ | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | London, United Kingdom, | ​ | vehicles
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | EC1A 2DY | ​ | ​
19 | ​ | VinFast Middle East Ltd. | ​ | VinFast Middle East | ​ | 100.0 | ​ | 100.0 | ​ | 100.0 | ​ | 100.0 | ​ | Jebel Ali Free Zone, | ​ | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Dubai, UAE | ​ | vehicles
20 |  | SpecCo Ltd |  | SpecCo |  | 100.0 |  | 100.0 |  | — |  | — |  | Appleby Global Services |  | Merging and acquisition
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (Cayman) Limited, 71 | ​ | activities
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Fort Street, PO Box 500, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Grand Cayman, Cayman | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Islands, KY1-1106 | ​ | ​
21 | ​ | VinFast Investment and | ​ | VinFast Invesment and | ​ | — | ​ | — | ​ | 99.9 | ​ | 99.9 | ​ | Dinh Vu – Cat Hai Economic | ​ | Supporting and investing in
​ | ​ | Development JSC | ​ | Development | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Zone, Cat Hai Island, Cat Hai | ​ | newly established companies
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Town, Cat Hai District, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Hai Phong City, Vietnam | ​ | ​
22 | ​ | VinEG Green Energy Solutions JSC | ​ | VinEG | ​ | 99.8 | ​ | 99.7 | ​ | 99.8 | ​ | 99.7 | ​ | Dinh Vu – Cat Hai Economic | ​ | Manufacturing batteries
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Zone, Cat Hai Island, Cat Hai | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Town, Cat Hai District, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Hai Phong City, Vietnam | ​ | ​
23 | ​ | VinES Ha Tinh Energy Solution JSC | ​ | VinES Ha Tinh | ​ | 99.8 | ​ | 99.5 | ​ | 99.8 | ​ | 99.5 | ​ | Vung Anh Economic Zone, | ​ | Manufacturing batteries
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Ky Loi Commune, Ky Anh | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Town, Ha Tinh Province, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Vietnam | ​ | ​
24 | ​ | VinES USA, LLC (**) | ​ | VinES USA | ​ | 100.0 | ​ | 99.7 | ​ | 100.0 | ​ | 99.7 | ​ | 850 New Burton Road, | ​ | Sale and leasing of batteries
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Suite 201, Dover, Delaware | ​ | and other related services
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 19904, County of Kent | ​ | ​
25 | ​ | VinFast Kazakhstan Ltd. (*) | ​ | VinFast Kazakhstan | ​ | — | ​ | — | ​ | 100.0 | ​ | 100.0 | ​ | 10 Yelebekov Street, Medeu | ​ | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | District, Almaty City, | ​ | vehicles
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Kazakhstan | ​ | ​
26 | ​ | VinFast Auto Nigeria Ltd. (**) | ​ | VinFast Nigeria | ​ | — | ​ | — | ​ | 100.0 | ​ | 100.0 | ​ | 01, 2nd Floor, Block B, Post | ​ | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Square Building, 1/3 Ologun | ​ | vehicles
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Agbaje Street, Victoria Island, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Lagos State, Nigeria | ​ | ​
27 | ​ | VinFast Auto Philippines Corp. | ​ | VinFast Philippines | ​ | — | ​ | — | ​ | 99.9 | ​ | 99.9 | ​ | 907 Trade and Financial Tower, | ​ | Distribution of automotive
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 7th Avenue Corner 32nd Street, | ​ | vehicles
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Bonifacio Global City, Taguig | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | City Fort Bonifacio, Taguig City, | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Fourth District, National Capital | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Region (NCR), 1630 | ​ | ​
28 | ​ | VinFast Auto México, | ​ | VinFast Mexico | ​ | — | ​ | — | ​ | 99.9 | ​ | 99.9 | ​ | Street: Bosque de Ciruelos| Ext | ​ | Distribution of automotive
​ | ​ | S. DE R.L. DE C.V. (*) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Number: 180| Int Number: PP101| | ​ | vehicles
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Suburb: Bosque de las Lomas| | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | County: Miguel Hidalgo| State: | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Mexico City| Zip Code: 11700 | ​ | ​
(*) | As at the reporting date, these entities’ operation are at idle stage.
(**) | As at the reporting date, these entities are in the process of completing the business dissolution procedures for this subsidiary.
(***) | As at the reporting date, these entities are at factory construction stage.

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