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VinFast Says 2025 EV Deliveries Nearly Double 2024, Driven by Surging Vietnam Demand

Story Highlights
  • VinFast expects 2025 global EV deliveries to approach 200,000 units, about double 2024’s 97,399 vehicles.
  • Preliminary 2025 results mark VinFast’s highest deliveries ever, powered by strong Vietnam demand above 170,000 EVs and an expanded lineup.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
VinFast Says 2025 EV Deliveries Nearly Double 2024, Driven by Surging Vietnam Demand

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VinFast Auto ( (VFS) ) has issued an announcement.

On January 5, 2026, VinFast Auto reported that its preliminary internal data indicate global electric vehicle deliveries for full-year 2025 will approach 200,000 units, roughly double the 97,399 EVs delivered in 2024 and in line with the company’s February 2025 target to at least double annual volumes. The company expects 2025 deliveries in its home market of Vietnam alone to exceed 170,000 EVs, underscoring robust domestic demand and marking its highest annual delivery total since inception, driven by an expanded product lineup spanning the VinFast, Green Series and Lac Hong brands and its push for green mobility; VinFast cautioned that these preliminary figures remain subject to year-end audit and may differ from the final numbers recognized as vehicle sales revenue, and emphasized that deliveries are only one indicator of performance rather than a direct proxy for financial results.

The most recent analyst rating on (VFS) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on VinFast Auto stock, see the VFS Stock Forecast page.

Spark’s Take on VFS Stock

According to Spark, TipRanks’ AI Analyst, VFS is a Neutral.

VinFast Auto’s overall stock score is primarily impacted by its weak financial performance and valuation concerns. While there is growth in sales and international expansion, the company’s financial instability and negative profitability weigh heavily on its attractiveness. Technical indicators provide mixed signals, further contributing to a cautious outlook.

To see Spark’s full report on VFS stock, click here.

More about VinFast Auto

VinFast Auto Ltd., a subsidiary of Vietnam’s Vingroup JSC, is the country’s leading automotive manufacturer focused on electric mobility. Listed on NASDAQ under the ticker VFS, the company produces electric SUVs, e-scooters, e-bikes and e-buses in Vietnam and exports vehicles to key markets across Asia, North America and Europe, positioning itself as a major regional player in the global EV industry.

Average Trading Volume: 516,859

Technical Sentiment Signal: Strong Sell

Current Market Cap: $8.07B

See more data about VFS stock on TipRanks’ Stock Analysis page.

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