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Recent Updates — VFS

September 15, 2026View Source ↗

VinFast Auto Ltd. announced the acquisition of Ngoc Hoi Real Estate Investment Joint Stock Company for VND30,857 billion (approximately US$1.2 billion) to strengthen its financial position through real estate earnings. The transaction involves purchasing 100% equity from founder Mr. Pham Nhat Vuong and minority shareholders, with half the consideration payable at closing and the remainder within 120 days. Closing is expected in Q3 2026. Additionally, VinFast approved a capital contribution of up to VND10,000 billion (approximately US$396.7 million) by Mr. Pham via dividend preference shares to support strategic growth, with completion expected by the end of 2026. These moves aim to improve capital efficiency and integrate electric vehicle ecosystems into smart city developments. VinFast Auto Ltd. is a Vietnamese automotive manufacturer specializing in electric vehicles and smart mobility solutions.

September 14, 2026View Source ↗

VinFast Auto Ltd. announced a leadership transition effective September 12, 2026, appointing Mr. Pham Nhat Quan Anh as Chief Executive Officer, succeeding Mr. Pham Nhat Vuong. Mr. Anh also assumes the role of Chairman and CEO of VinFast Vietnam JSC, while Mr. Vuong remains on the Board. This change aims to support operational excellence and long-term growth for the company.

August 11, 2026View Source ↗

VinFast Auto Ltd. reported preliminary domestic electric vehicle deliveries of 21,781 units in Vietnam for July 2026, marking a 21% month-over-month increase. Year-to-date cumulative deliveries reached 137,697 vehicles. The VF 3 was the top-selling model with 5,564 units, followed by the VF 5 and Herio Green (4,407) and Limo Green (4,404). Pre-orders for the VF 2 garnered approximately 28,700 reservations within three days. VinFast plans to begin deliveries of the new platform VF 8 in August 2026 and the VF 2 in September 2026. The company operates in the electric vehicle manufacturing industry.

June 30, 2026View Source ↗

On June 30, 2026, VinFast Auto Ltd. completed the transfer of its entire equity interest in its subsidiary, VinFast Trading and Production JSC (VFTP), to a group of purchasers. This transaction followed the split of specific VFTP assets and operations into a new entity. The divestiture is part of a strategic shift toward a capital-efficient, asset-light operating model in Vietnam to prioritize global R&D, technology, brand building, and sales. VinFast operates in the automotive industry and manufactures electric vehicles.