EV maker VinFast reports wider quarterly net loss

March 16 (Reuters) - Vietnam's VinFast VFS.O reported a wider fourth-quarter net loss on Monday, as the electric vehicle maker spends heavily to expand its manufacturing footprint to cater to growing demand in key Southeast Asian markets.

The company reported a loss of 35.2 trillion dong ($1.34 billion) compared with a loss of 30.59 trillion dong a year ago.

($1 = 26,260.0000 dong)

 (Reporting by Zaheer Kachwala in Bengaluru; Editing by Leroy Leo)

 ((Zaheer.Kachwala@thomsonreuters.com;))

Recent news on VinFast Auto

See all news