VinFast faces bumpy ride in SE Asia amid mounting losses, stiffer competition

VinFast faces bumpy ride in SE Asia amid mounting losses, stiffer competition

VinFast car in front of its new dealership in Depok, West Java, Indonesia. (Photo courtesy of VinFast)

Southeast Asia’s homegrown EV maker, VinFast, has started off 2025 with rising sales but deeper financial losses—a pattern that has defined its global push so far. This year, the backdrop is even more complicated: an escalating EV price war that’s reshaping expectations across the markets where VinFast hopes to grow next.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter