"Demand in international markets is growing rapidly, so the construction of an additional electric car factory ... will create a solid foundation for an important and explosive development phase ahead for VinFast," said Vingroup CEO and Chairman Nguyen Viet Quang.
"In the first nine months of 2024, VinFast sold under 45,000 vehicles globally, though it gained a substantial number of preorders for the VF3 in Vietnam with 27,649 pre-orders received within 66 hours."
"Last month, VinFast gained commitments from parent company Vingroup for a round of funding worth $3.4 billion and expected to financially sustain the EV maker and help it reach profitability by 2026."
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