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DEPOSITS AND DOWN PAYMENT FROM CUSTOMERS | 12 Months Ended
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Dec. 31, 2024
DEPOSITS AND DOWN PAYMENT FROM CUSTOMERS |
DEPOSITS AND DOWN PAYMENT FROM CUSTOMERS | 14.DEPOSITS AND DOWN PAYMENT FROM CUSTOMERS The deposits and down payment received in advance from customers for sales of automobiles, escooters and service parts were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of December 31,
​ | ​ | 2023 |  | 2024 |  | 2024
​ | ​ | VND million | ​ | VND million | ​ | USD
Refundable deposit liabilities |  | 329,746 |  | 2,524,022 |  | 103,719,827
Non-refundable down-payment of contract liabilities |  | 864,366 |  | 1,041,441 |  | 42,796,014
TOTAL |  | 1,194,112 |  | 3,565,463 |  | 146,515,841
​ | ​ | ​ | ​ | ​ | ​ | ​
Revenue recognized from non-refundable down-payment in 2024 (2023) from these contract liabilities as of December 31, 2023 (2022) |  | 652,339 |  | 728,073 |  | 29,918,759
​

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