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v3.25.1

LEASES (Tables) | 12 Months Ended
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Dec. 31, 2024
LEASES |
Schedule of operating leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of December 31,
​ | ​ | 2023 |  | 2024 |  | 2024
​ | ​ | VND million | ​ | VND million | ​ | USD
Operating lease |  |  |  |  |  |
Right-of-use assets – Operating lease |  | 7,081,509 |  | 5,042,347 |  | 207,205,548
Total operating lease liabilities |  | 6,854,700 |  | 5,485,846 |  | 225,430,286
In which: |  | ​ |  | ​ |  | ​
Current portion of operating lease liabilities |  | 1,524,356 |  | 1,486,822 |  | 61,098,090
Non-current operating lease liabilities |  | 5,330,344 |  | 3,999,024 |  | 164,332,196
In which: |  | ​ |  | ​ |  | ​
Lease liabilities from related parties (*) |  | 1,098,369 |  | 524,032 |  | 21,534,087
Lease liabilities from third parties |  | 5,756,331 |  | 4,961,814 |  | 203,896,199
(*) | Detail of balance of lease liabilities from related parties are as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2023 |  | 2024 |  | 2024
​ | ​ | VND million | ​ | VND million | ​ | USD
Vinhomes JSC |  | 36,133 |  | 48,750 |  | 2,003,287
VHIZ JSC | ​ | 480,290 | ​ | — | ​ | —
VHIZ Hai Phong JSC | ​ | — | ​ | 399,513 | ​ | 16,417,219
Vincom Retail JSC |  | 251,927 |  | 10,762 |  | 442,244
Vincom Retail Operation LLC | ​ | 310,162 | ​ | 21,297 | ​ | 875,159
Others |  | 19,857 |  | 43,710 |  | 1,796,178
TOTAL |  | 1,098,369 |  | 524,032 |  | 21,534,087
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,
​ |  | 2022 | ​ | 2023 |  | 2024 |  | 2024
​ | ​ | VND million | ​ | VND million | ​ | VND million | ​ | USD
Operating lease expense |  | 757,710 | ​ | 1,729,244 |  | 1,905,922 |  | 78,320,197
​ Other information related to operating leases where the Group is the lessee is as follows:
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, |
​ |  | 2023 |  | 2024 |
Weighted-average remaining lease term: (months) | ​ | ​ | ​ | ​ | ​
Operating lease |  | 76 |  | 66 | ​
Weighted-average discount rate: |  |  |  |  | ​
Operating leases |  | 11.26 | % | 10.71 | %
Supplemental cash flow information related to operating leases where the Group is the lessee was as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year ended December 31,
​ |  | 2022 |  | 2023 |  | 2024 |  | 2024
​ | ​ | VND million | ​ | VND million | ​ | VND million | ​ | USD
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  | ​ | ​ |  |
Operating cash outflows from operating leases |  | 638,235 |  | 1,549,627 | ​ | 1,385,185 |  | 56,921,512
Schedule of maturities of operating lease liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2023 |  | 2024 |  | 2024
​ | ​ | VND million | ​ | VND million | ​ | USD
Less than 1 year |  | 1,611,095 |  | 1,639,537 |  | 67,373,618
From 1 to 2 years |  | 1,829,025 |  | 1,513,802 |  | 62,206,780
From 2 to 3 years |  | 1,700,901 |  | 1,385,638 |  | 56,940,127
From 3 to 4 years |  | 1,513,648 |  | 819,732 |  | 33,685,309
From 4 to 5 years |  | 949,310 |  | 514,174 |  | 21,128,991
Thereafter |  | 2,711,213 |  | 1,782,592 |  | 73,252,188
TOTAL |  | 10,315,192 |  | 7,655,475 |  | 314,587,013
Less: Imputed interest |  | 3,460,492 |  | 2,169,629 |  | 89,156,727
Present value of lease obligations |  | 6,854,700 |  | 5,485,846 |  | 225,430,286
Less: Current portion |  | 1,524,356 |  | 1,486,822 |  | 61,098,090
Non-current portion of lease obligations |  | 5,330,344 |  | 3,999,024 |  | 164,332,196
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,
​ | ​ | 2023 | ​ | 2024 | ​ | 2024 | ​ | 2023 | ​ | 2024 | ​ | 2024
​ |  | VND million |  | VND million |  | USD |  | VND million |  | VND million |  | USD
Less than 1 year |  | 107,553 |  | 199,350 |  | 8,191,905 |  | 165,767 |  | 512,432 |  | 21,057,407
From 1 to 2 years |  | 107,553 |  | 199,350 |  | 8,191,905 |  | 165,767 |  | 507,346 |  | 20,848,408
From 2 to 3 years |  | 107,553 |  | 199,350 |  | 8,191,905 |  | 165,767 |  | 492,241 |  | 20,227,697
From 3 to 4 years |  | 107,553 |  | 199,350 |  | 8,191,905 |  | 165,767 |  | 469,014 |  | 19,273,228
From 4 to 5 years |  | 107,553 |  | 199,350 |  | 8,191,905 |  | 165,767 |  | 453,054 |  | 18,617,382
Thereafter |  | 322,353 |  | 442,176 |  | 18,170,372 |  | 653,545 |  | 1,270,215 |  | 52,197,041
TOTAL |  | 860,118 |  | 1,438,926 |  | 59,129,897 |  | 1,482,380 |  | 3,704,302 |  | 152,221,163
Schedule of lease receivables relating to sales-type leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ |  | 2023 |  | 2024 |  | 2024
​ | ​ | VND million | ​ | VND million | ​ | USD
Gross lease receivables |  | 904,418 |  | 1,642,125 |  | 67,479,967
Received cash |  | (53,765) |  | (203,199) |  | (8,350,072)
Unearned interest income |  | (142,436) |  | (279,473) |  | (11,484,405)
Net investment in sales-type leases |  | 708,217 |  | 1,159,453 |  | 47,645,490
Reported as: |  | ​ |  | ​ |  | ​
Current net investment in sales-type lease |  | 87,552 |  | 134,713 |  | 5,535,772
Non-current net investment in sales-type lease |  | 620,665 |  | 1,024,740 |  | 42,109,719
Net investment in sales-type leases |  | 708,217 |  | 1,159,453 |  | 47,645,490
Schedule of lease income in operating lease | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year ended December 31,
​ |  | 2022 |  | 2023 |  | 2024 |  | 2024
​ | ​ | VND million | ​ | VND million | ​ | VND million | ​ | USD
Lease income relating to lease payments |  | 26,387 |  | 233,817 | ​ | 341,296 |  | 14,024,902
Lease income relating to variable lease payments not included in the measurement of the lease receivable |  | 14,065 |  | 67,272 | ​ | 41,617 |  | 1,710,171
​

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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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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