VinFast Second-Quarter Revenue Rises 85.5% Year Over Year
VinFast reported an 85.5% year-on-year increase in second-quarter revenue. Gains from a manufacturing asset sale helped narrow its net loss as the company continued investing in overseas expansion.
Vietnamese EV maker VinFast NASDAQ:VFS on Monday reported an 85.5% year-on-year jump in second-quarter revenue, while gains from a manufacturing asset sale helped narrow its net loss even as the company continued investing in overseas expansion.The electric vehicle maker had unveiled a restructurin…