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v3.25.1

INTEREST-BEARING LOANS AND BORROWINGS - Bonds (Details) ₫ in Millions | 12 Months Ended |  |
--- | --- | --- | ---
Dec. 31, 2024 VND (₫) | Dec. 31, 2023 VND (₫) | Dec. 31, 2024 USD ($) | Dec. 31, 2023 USD ($)
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Long-term loans from banks, Non-current portion | ₫ 22,862,890 | ₫ 30,170,149 | [1] | $ 939,506,472 |
Bonds |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Long-term loans from banks | 13,544,237 | 18,995,093 |  | 556,574,358 | $ 795,905,994
Long-term loans from banks, Non-current portion | 5,938,750 | 7,551,628 |  | 244,041,504 | 316,417,812
Long-term loans from banks, Current portion | 7,605,487 | 11,443,465 |  | 312,532,854 | 479,488,182
Bonds due in December 2024 |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Long-term loans from banks |  | 11,443,465 |  |  | 479,488,182
Long-term loans from banks, Current portion |  | ₫ 11,443,465 |  |  | 479,488,182
Bonds due in December 2024 | Minimum |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Interest rate (as a percent) |  | 9.975% |  |  |
Bonds due in December 2024 | Maximum |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Interest rate (as a percent) |  | 11.825% |  |  |
Bonds due in May 2025 |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Long-term loans from banks | 1,995,793 | ₫ 1,985,738 |  | 82,013,273 | 83,203,626
Long-term loans from banks, Current portion | ₫ 1,995,793 |  |  | 82,013,273 |
Bonds due in May 2025 | Minimum |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Interest rate (as a percent) | 9.775% | 9.26% |  |  |
Bonds due in May 2025 | Maximum |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Interest rate (as a percent) | 10.175% | 11.675% |  |  |
Bonds due in January 2025 and March 2025 |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Long-term loans from banks | ₫ 4,992,091 | ₫ 4,951,792 |  | 205,140,374 | 207,483,100
Long-term loans from banks, Current portion | ₫ 4,992,091 |  |  | 205,140,374 |
Bonds due in January 2025 and March 2025 | Minimum |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Fixed interest rate | 14.40% | 14.40% |  |  |
Bonds due in January 2025 and March 2025 | Maximum |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Fixed interest rate | 14.50% | 14.50% |  |  |
Bonds due in September 2025 |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Long-term loans from banks | ₫ 617,603 | ₫ 614,098 |  | 25,379,207 | $ 25,731,086
Long-term loans from banks, Current portion | ₫ 617,603 |  |  | 25,379,207 |
Bonds due in September 2025 | Minimum |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Interest rate (as a percent) | 10.875% | 10.42% |  |  |
Bonds due in September 2025 | Maximum |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Interest rate (as a percent) | 11.225% | 11.725% |  |  |
Bonds due in October 2026 |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Long-term loans from banks | ₫ 1,977,750 |  |  | 81,271,831 |
Fixed interest rate | 13.50% |  |  |  |
Bonds due in October 2029 |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Long-term loans from banks | ₫ 3,951,000 |  |  | 162,358,742 |
Fixed interest rate | 13.50% |  |  |  |
Bonds due in December 2026 |  |  |  |  |
INTEREST-BEARING LOANS AND BORROWINGS |  |  |  |  |
Long-term loans from banks | ₫ 10,000 |  |  | $ 410,931 |
Fixed interest rate | 13.50% |  |  |  |
[1] | As adjusted to reflect the historical financial statements of VinES JSC acquired in January 2024, deemed as reorganization under common control (Note 3).

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