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PR Newswire·

VINFAST'S GLOBAL REVENUE IN Q1 2026 INCREASED 42% YEAR OVER YEAR

  • VinFast Auto Ltd. announced Q1 2026 results with 58,577 electric vehicle deliveries, a 61% increase year-over-year, while international markets accounted for 8% of total volume.
  • Domestic EV deliveries in Vietnam rose 53% year-over-year, maintaining VinFast's position as the number one OEM in the local market since September 2024.
  • VinFast ranked #1 in the Philippines, #4 in India, & #8 in Indonesia for BEV brands by the end of Q1 2026.
  • The company delivered 143,136 e-scooters & e-bikes in Q1 2026, a 219% increase from the prior year, capturing 17% of Vietnam's overall motorcycle market in March.
  • Q1 2026 revenue reached VND23,111.1 billion ($920.7 million), a 41.7% increase driven by strong EV sales in Vietnam & growth in overseas markets.
  • VinFast expanded its global retail footprint to 447 showrooms by the end of Q1 2026.
  • The company signed MoUs with 29 new after-sales partners to support a goal of reaching over 1,100 service workshops globally in 2026.
  • VinFast, NVIDIA, & Autobrains announced a strategic collaboration for a Level 4 autonomous driving program for Southeast Asia based on NVIDIA DRIVE Hyperion.
  • VinFast plans to strengthen manufacturing, assembly, & distribution capabilities internationally while evaluating new vehicle segments & smart mobility solutions.
  • The company will host a Q1 2026 earnings conference call at 8:00 AM U.S. Eastern Time on June 8, 2026.