<div id="readability-page-1"><p>VinFast said it will separate manufacturing assets held by subsidiary VinFast Trading and Production JSC (VFTP) and transfer the unit ⁠to a purchaser group led by Future Investment Research and Development JSC, in a deal valued at about 13.3 trillion dong ($530 million), according to the filing dated May 12.</p><p>Following the restructuring, VinFast will retain its R&amp;D, intellectual property, sales and after-sales operations, while the divested entity will continue producing VinFast-branded vehicles under a manufacturing agreement.</p><table><tbody><tr><td><img src="https://imageproxy.pbkrs.com/https://vcdn1-english.vnecdn.net/2026/05/14/A3-VF-1-1778633259-7531-177863-9775-9035-1778728915.webp/query-ZHByPTEmZml0PWNyb3AmaD0wJnE9MTAwJnM9eE84M0FvdjZLQW9MRW5xZW8zam95ZyZ3PTY4MA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://vcdn1-english.vnecdn.net/2026/05/14/A3-VF-1-1778633259-7531-177863-9775-9035-1778728915.webp/query-ZHByPTEmZml0PWNyb3AmaD0wJnE9MTAwJnM9eE84M0FvdjZLQW9MRW5xZW8zam95ZyZ3PTY4MA"/></td> </tr><tr><td> <p>VinFast cars seen at an event. Photo by Tuan Vu</p> </td> </tr></tbody></table><p>The company said the transaction would reduce future ‌capital ⁠expenditure requirements and allow it to focus more on international expansion.</p><p>The deal is expected to close in the third quarter of 2026, subject to shareholder and creditor approvals.</p><p>The automaker posted a fourth-quarter ⁠net loss of $1.34 billion, up 15% from a year earlier, and has said it expects to reach EBITDA breakeven in 2027.</p><p>In August last ⁠year, VinFast also announced the spin-off of its research and development unit, Novatech, to Vuong for about VND39.8 trillion dong ($1.6 ⁠billion).</p></div>

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<p>VinFast 正在通过将其制造设施出售给由创始人 Pham Nhat Vuong 领导的一组公司进行重组，旨在实现 “轻资产” 模式。该交易的估值约为 5.3 亿美元，将使 VinFast 能够专注于研发和国际扩张，而新实体将继续生产 VinFast 车辆。该交易预计将在 2026 年第三季度完成，待批准。VinFast 报告称第四季度净亏损为 13.4 亿美元，并计划在 2027 年实现 EBITDA 盈亏平衡</p>

越南电动汽车制造商 VinFast 计划进行公司重组