Vinfast Auto Ltd. Accelerates Global Electric Vehicle Roll‑Out
Vinfast Auto Ltd., the Vietnamese electric‑vehicle (EV) manufacturer listed on Nasdaq, announced a significant uptick in worldwide deliveries during the third quarter of 2025. The company also disclosed its forthcoming quarterly financial results, outlined a partnership with European distributor LORET, and highlighted its pricing and leasing strategy that underpins its international expansion.
Q3 Delivery Growth
On 22 October 2025, Vinfast reported that it had increased its global EV deliveries for the third quarter relative to the same period in 2024. The company’s production and shipping infrastructure have been scaled to meet rising demand, particularly in markets outside Vietnam where the brand is gaining traction. The announcement follows the firm’s public commitment to expand its product lineup, which includes premium electric cars (VF 3, VF 8, VF 9), scooters, and buses.
Anticipated Quarterly Results
Vinfast also revealed that it will soon release its quarterly earnings. While the company’s price‑to‑earnings ratio currently stands at –2.44, indicating that earnings are negative or the company is not yet profitable, the management team emphasized that the delivery surge and strategic market penetration are expected to improve cash flow and profitability over the next fiscal year. Investors will be watching closely for the announced figures to assess the impact of the company’s recent operational initiatives.
European Distribution Expansion
A key development announced on 21 October 2025 is Vinfast’s partnership with LORET, a European distribution network. The collaboration is intended to accelerate the company’s entry into European markets, providing local dealers and service centers that can support Vinfast’s electric cars and buses. By leveraging LORET’s established presence, Vinfast aims to shorten the time to market for its vehicles and enhance after‑sales service across the continent.
Pricing and Leasing Strategy
Vinfast’s strategy to gain market share relies heavily on accessible pricing and flexible leasing options. In a press release dated 20 October 2025, the company highlighted that its vehicles are priced competitively relative to other premium EV brands. Additionally, a comprehensive leasing program allows customers to lease vehicles with lower upfront costs, making the brand more attractive to both individual buyers and fleet operators. This approach is aligned with the company’s goal of widespread adoption of electric mobility in both emerging and developed economies.
Context: Vietnam’s Shift Toward Electric Mobility
The domestic environment in Vietnam has been conducive to Vinfast’s growth. Government policies encouraging the electrification of the motorbike market, coupled with rising pollution concerns, have created a favorable backdrop. Reports from 20 October 2025 and 21 October 2025 illustrate how Vinfast vehicles are becoming a common sight on Vietnamese roads—from Hanoi to Ho Chi Minh City—and how the brand’s presence extends to public transportation fleets. The country’s planned ban on petrol motorbikes in Hanoi’s city centre, scheduled for 2026, is expected to accelerate the transition to electric two‑wheelers and further support Vinfast’s product offerings.
Market Position and Financial Snapshot
Vinfast Auto Ltd. trades on Nasdaq under the ticker VF (assumed). As of 20 October 2025, the closing price was $3.37 per share, with a 52‑week range of $2.56 to $5.38. The company’s market capitalization stands at approximately $7.62 billion. While the firm has yet to achieve positive earnings per share—reflected in the negative P/E ratio—the ongoing delivery growth, strategic partnerships, and pricing initiatives suggest a concerted effort to establish a foothold in the global EV market.
This article summarizes the latest developments for Vinfast Auto Ltd., focusing on delivery growth, financial expectations, European partnership, and the company’s pricing and leasing strategy within the broader context of Vietnam’s electric mobility transition.




