VinFast hits $618m in Q1 net loss despite doubling revenue year on year

VinFast hits $618m in Q1 net loss despite doubling revenue year on year

Tech in Asia·2024-04-18 00:00

Photo credit: VinFast

VinFast, the Vietnam-based electric vehicle (EV) manufacturer, has recorded US$618.3 million in net loss in the first quarter of 2024 – more than double its entire revenue in the same period.

……

Read full article on Tech in Asia

Business