Earnings Results: VinFast reports half-a-billion-dollar loss for its second quarter

by | Sep 21, 2023 | Stock Market

VinFast Auto Ltd. late Thursday reported a second-quarter loss of half a billion dollars, saying it delivered more than 9,000 electric vehicles globally for sales of about $315 million in the period. Vietnamese EV maker VinFast VFS went public in August through a SPAC deal, and the stock more than tripled by the end of its first session, sending the company’s market valuation soaring to more than $200 billion. VinFast’s…

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