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INVESTMENTS IN EQUITY INVESTEES (Tables)
12 Months Ended
Dec. 31, 2024
INVESTMENTS IN EQUITY INVESTEES  
Schedule of equity method investments

Name

As of December 31, 2023

    

As of December 31, 2024

    

Principal activities  

    

Voting right

    

Equity interest

    

Voting right

    

Equity interest

    

 

(%)

 

(%)

(%)

 

(%)

V-G High Tech Energy Solutions Co., Ltd. (“V-G”)

 

48.6

 

48.4

48.6

 

48.4

Manufacturing car plastic accessories

    

As of

    

As of 

 December 31, 2023

December 31, 2024

    

VND million

    

VND million

    

USD

Current assets

 

1,250,629

 

1,285,393

 

52,820,752

Non-current assets

 

1,992,423

 

5,663,362

 

232,724,964

Current liabilities

 

(743,905)

 

(4,188,116)

 

(172,102,568)

Non-current liabilities

 

 

(361,947)

 

(14,873,516)

Total equity

 

2,499,147

 

2,398,692

 

98,569,632

Attributable to:

 

  

 

  

 

  

The Group

 

1,214,938

 

1,166,102

 

47,918,718

The other partner in the joint venture

 

1,284,209

 

1,232,590

 

50,650,914

    

For the year ended December 31,

    

2023

    

2024

    

2024

    

VND million

    

VND million

    

USD

Finance income

90,850

 

3,550

 

145,880

Operating expenses

(15,927)

 

(108,890)

 

(4,474,625)

Profit/(loss) before tax

74,923

 

(105,340)

 

(4,328,745)

Income tax expense

 

 

Profit/(loss) for the year

74,923

 

(105,340)

 

(4,328,745)

The Group’s share of profit/(loss) for the year

36,422

 

(48,836)

 

(2,006,821)

Attributable to the other partner in the joint venture

38,501

 

(56,504)

 

(2,321,924)