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DEPOSITS AND DOWN PAYMENT FROM CUSTOMERS (Tables)
12 Months Ended
Dec. 31, 2024
DEPOSITS AND DOWN PAYMENT FROM CUSTOMERS  
Schedule of deposits and down payment received in advance from customers for sales of automobiles, escooters and service parts

    

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