VinFast Reports Revenue Growth Despite Increasing Losses and New Market Strategy

VinFast 儘管虧損增加並採取新市場策略，但營收仍有所成長

Jun 8, 2026, 11:37

Introduction

VinFast has announced a significant increase in revenue for the first quarter. However, this growth comes at a time when the company is facing larger annual losses and shifting its focus toward markets in Southeast Asia and India.

VinFast 宣布第一季營收大幅增加。然而，這次增長發生在公司面臨更大年度虧損，並將重心轉向東南亞及印度市場之際。

Main Body

Financial reports for the first quarter show that revenue grew by about 42%, reaching 23.11 trillion dong ($877.24 million). Despite this increase, the company's net loss grew by 59% compared to last year, totaling 28.11 trillion dong. Management emphasized that these losses are mainly due to high spending on building new factories and increasing production capacity.

第一季的財務報告顯示，營收增長約 42%，達到 23.11 兆越南盾（8.7724 億美元）。儘管營收增加，但公司的淨虧損較去年增長 59%，總計 28.11 兆越南盾。管理層強調，這些虧損主因是興建新廠與提升生產能力的支出高昂。

Because demand in the United States has remained low, VinFast has decided to focus on high-population countries such as India, Indonesia, and Vietnam. Furthermore, the company signed a deal with GSM, a taxi company owned by Chairman Pham Nhat Vuong, to provide 1 million electric cars and 4 million e-scooters between 2026 and 2030. Executive Anne Pham stated that GSM plans to expand into ten countries by the end of the year, which could lead to 15% of VinFast's total sales.

由於美國的需求持續低迷，VinFast 決定將重心轉向人口大國，如印度、印尼及越南。此外，公司與董事長 Pham Nhat Vuong 旗下的計程車公司 GSM 簽約，將在 2026 年至 2030 年間提供 100 萬輛電動車及 400 萬輛電動機車。高階主管 Anne Pham 表示，GSM 計劃在年底前擴展至十個國家，這可能佔 VinFast 總銷售額的 15%。

At the same time, the company is dealing with financial restructuring and legal problems. VinFast plans to sell its Vietnamese production plants for 13.3 trillion dong to a group that includes Pham Nhat Vuong, who would also take over about $6.9 billion in debt. Additionally, the state of North Carolina has sued the company for failing to build a promised battery plant. While VinFast asserts that it is still committed to the U.S. market and hopes to start the project again by 2028, it has refused to comment further on the lawsuit.

與此同時，公司正處理財務重組與法律問題。VinFast 計劃將越南生產廠以 13.3 兆越南盾出售給一個包含 Pham Nhat Vuong 在內的集團，而他也將承接約 69 億美元的債務。此外，北卡羅來納州起訴該公司未能如約興建電池廠。雖然 VinFast 主張仍致力於美國市場並希望在 2028 年前重新啟動項目，但拒絕對該訴訟發表進一步評論。

Conclusion

In summary, VinFast is seeing more revenue and expanding into new regions, even though it is struggling with high financial losses and legal disputes in the U.S.

總結來說，VinFast 儘管在美國面臨高額財務虧損與法律爭端，但營收正持續增長並向新地區擴張。

Vocabulary Learning

🚀 The 'Contrast Pivot': Moving Beyond "But"

At an A2 level, you likely use "but" for everything. To reach B2, you need to signal how two ideas clash. This article is a goldmine for "Contrast Pivots"—words that act like a bridge between a positive fact and a negative reality.

🛠 The Toolset

1. Despite / In spite of $\rightarrow$ (The 'Even though this happened' tool)

A2 style: Revenue grew, but the company lost money.
B2 style: Despite this increase, the company's net loss grew by 59%.
Coach's Tip: After "Despite," you don't use a full sentence (subject + verb). You use a noun (this increase) or a verb-ing (increasing).

2. However $\rightarrow$ (The 'Wait, there is more' tool)

This word starts a new sentence to create a sharp turn in the conversation.
Example: "VinFast announced an increase in revenue. However, this growth comes at a time of larger losses."

3. While $\rightarrow$ (The 'Two things happening at once' tool)

Use this to balance two opposing situations in one sentence.
Example: "While VinFast asserts it is committed to the U.S., it has refused to comment on the lawsuit."

💡 Why this matters for B2

B2 fluency isn't about using "big words"; it's about nuance. Instead of chopping your ideas into small, simple pieces (A2), you are now weaving them together.

A2 Logic (Linear)	B2 Logic (Integrated)
It is raining. I will go out.	Despite the rain, I will go out.
I like the car. It is too expensive.	I like the car; however, it is too expensive.
He is studying. He is tired.	While he is studying, he feels very tired.

⚠️ Pro-Move: The "Furthermore" Boost

Once you've mastered the contrast, add a layer of addition. The article uses "Furthermore" to add a new piece of evidence. If "However" is a left turn, "Furthermore" is a straight line moving forward. Combine them to sound professional:

"The company is facing losses. However, it is expanding into India. Furthermore, it has signed a massive deal with GSM."

Vocabulary Learning

significant (adj.)

Large or important enough to be noticed

Example:The company reported a significant increase in revenue this quarter.

capacity (n.)

The maximum amount that something can produce or contain

Example:The factory is increasing its production capacity to meet global demand.

restructuring (n.)

The process of changing the way a company or system is organized

Example:The firm is undergoing financial restructuring to reduce its overall debt.

asserts (v.)

To state a fact or belief confidently and forcefully

Example:The CEO asserts that the company remains committed to its long-term goals.

disputes (n.)

Arguments or disagreements, especially formal ones

Example:The company is currently resolving several legal disputes in the United States.

Practice B2 words in a crossword→