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TRANSACTIONS WITH RELATED PARTIES - Detail of loans to and borrowings (Details) ₫ in Millions | 1 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Dec. 31, 2024 VND (₫) | Dec. 31, 2024 USD ($) | Nov. 30, 2024 VND (₫) | Dec. 31, 2024 VND (₫) | Dec. 31, 2024 USD ($) | Dec. 31, 2023 VND (₫) | Dec. 31, 2024 USD ($)
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Outstanding receivables | ₫ 4,275,751 |  |  | ₫ 4,275,751 |  | ₫ 2,425,455 |  | $ 175,703,760
Maximum | VinFast Trading and Production JSC |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Amount of transaction |  |  |  | 60,000,000 | $ 2,465,600,000 |  |  |
Grants | Vingroup JSC | Maximum | VinFast Trading and Production JSC |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Amount of transaction |  |  |  | 12,000,000 | 493,100,000 |  |  |
Grants | Pham Nhat Vuong | Maximum | VinFast Trading and Production JSC |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Amount of transaction |  |  |  | 24,000,000 | 986,200,000 |  |  |
Borrowings | Vingroup JSC | Maximum | VinFast Trading and Production JSC |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Amount of transaction |  |  |  | 24,000,000 | $ 986,200,000 |  |  |
Grant Agreement | Pham Nhat Vuong | VinFast Trading and Production JSC |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Loans to VinFast in accordance with the Capital Funding Agreement | 5,000,000 | $ 205,500,000 |  |  |  |  |  |
Grant Agreement | Mr. Pham, Asian Star and VIG ("Grantors") | VinFast Trading and Production JSC |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Amount of transaction |  |  | ₫ 50,000,000 |  |  |  |  |
Related party |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Short-term amounts due from related parties | 4,272,121 |  |  | 4,272,121 |  | 2,374,382 | [1] | 175,554,592
Other current liabilities | 64,251,391 |  |  | 64,251,391 |  | 49,341,144 | [1] | 2,640,287,282
Other non-current liabilities | 42,095,740 |  |  | 42,095,740 |  | 19,682,747 | [1] | 1,729,843,435
Related party | Short-term payables to and borrowings from related parties |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Other current liabilities | 64,251,391 |  |  | 64,251,391 |  | 49,341,144 |  | 2,640,287,282
Related party | Short-term borrowings |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Other current liabilities | 54,881,090 |  |  | 54,881,090 |  | 43,124,262 |  | 2,255,232,792
Related party | Short-term borrowings | Vinpearl JSC |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Other current liabilities | 40,788 |  |  | ₫ 40,788 |  | ₫ 16,504 |  |
Interest rate per annum |  |  |  | 7.00% | 7.00% | 7.00% |  |
Related party | Short-term borrowings | Vingroup JSC |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Other current liabilities | 54,840,302 |  |  | ₫ 54,840,302 |  | ₫ 43,107,758 |  |
Related party | Short-term borrowings | Vingroup JSC | Maximum |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Interest rate per annum |  |  |  | 12.00% | 12.00% | 12.00% |  |
Related party | Short-term borrowings | Vingroup JSC | Minimum |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Interest rate per annum |  |  |  | 5.20% | 5.20% | 5.70% |  |
Related party | Long-term payables to related parties |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Other non-current liabilities | 42,095,740 |  |  | ₫ 42,095,740 |  | ₫ 19,682,747 |  | 1,729,843,435
Related party | Long-term borrowings |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Other non-current liabilities | 23,953,281 |  |  | 23,953,281 |  | 2,385,697 |  | $ 984,313,992
Related party | Long-term borrowings | Vingroup JSC |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Other non-current liabilities | ₫ 23,953,281 |  |  | ₫ 23,953,281 |  | ₫ 2,385,697 |  |
Related party | Long-term borrowings | Vingroup JSC | Maximum |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Interest rate per annum |  |  |  | 15.00% | 15.00% | 15.00% |  |
Related party | Long-term borrowings | Vingroup JSC | Minimum |  |  |  |  |  |  |  |
TRANSACTIONS WITH RELATED PARTIES |  |  |  |  |  |  |  |
Interest rate per annum |  |  |  | 9.175% | 9.175% | 14.50% |  |
[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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