UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN
PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE
ACT OF 1934
For the month of October 2024
Commission File Number: 001-41782
VinFast Auto Ltd.
Dinh Vu – Cat
Hai Economic Zone
Cat Hai Islands, Cat
Hai Town, Cat Hai District
Hai Phong City, Vietnam
(Address of principal
executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x Form 40-F ¨
INFORMATION
CONTAINED IN THIS REPORT ON FORM 6-K
On
October 22, 2024, VinFast Auto Ltd. announced its delivery results for its third quarter 2024, and the release date for its third
quarter 2024 financial results. A copy of that press release is furnished as Exhibit 99.1 to this Report on Form 6-K.
The
information in Exhibit 99.1 of this report on Form 6-K relating to the Company’s third quarter vehicle delivery results
shall be deemed to be incorporated by reference into the registration statement on Form S-8 (File No. 333-278251) of VinFast
Auto Ltd. (including any prospectuses forming a part of such registration statement) and to be a part thereof from the date on which this
report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.
EXHIBIT INDEX
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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VinFast Auto Ltd. |
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Date: October 22, 2024 |
By: |
/s/ Le Thi Thu Thuy |
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Name: |
Le Thi Thu Thuy |
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Title: |
Chairwoman and Director |
Exhibit 99.1
VinFast Announces 3Q24 Deliveries and Sets Date
for the Release of 3Q24 Results
October 22, 2024 – VinFast Auto
Ltd. (“VinFast” or the “Company”) today announced its total vehicle deliveries for the third quarter of 2024.
The Company delivered 21,912 electric vehicles (“EVs”) in 3Q24, representing a 66% increase quarter-over-quarter and a 116% increase year-over-year.
The third quarter of 2024 was underpinned by
a robust September, where the Company delivered over 9,300 EVs in Vietnam, marking the highest monthly deliveries in the domestic
Vietnamese market. VinFast’s highest monthly deliveries to date in Vietnam also represents a historic milestone for the
domestic Vietnamese automotive industry. For the first time, a Vietnamese EV brand has outperformed all international
competitors to become the market leader.
The Company also announced that it will release
its 3Q24 financial results before the market opens on November 26, 2024. On the same day, VinFast’s management will hold a
live webcast to discuss the Company’s business performance and strategy. Details for the call are below:
| - | What: VinFast Q3 2024 Financial Results and Q&A Webcast |
| - | When: Tuesday, November 26, 2024 |
| - | Time: 8:00 a.m. Eastern Standard Time |
| - | Live
webcast: https://edge.media-server.com/mmc/p/5725mupo |
A replay of the webcast will
also be made available on the Company’s website.
For additional information,
please visit ir.vinfastauto.us.
Investor Relations |
Email: ir@vinfastauto.com |
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Media Relations |
Email: info@vinfastauto.com |
About VinFast
VinFast – a
subsidiary of Vingroup JSC – is Vietnam’s leading automotive manufacturer committed to its mission of creating a green future
for everyone. VinFast manufactures a portfolio of electric SUVs, e-scooters and e-buses in Vietnam and exports to the United States and
Europe. Learn more at www.vinfastauto.us.
VinFast deliveries represent
only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results,
which depend on a variety of factors, including the average selling price and various cost components.
Forward-Looking Statements
Forward-looking statements
contained herein, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1955. These statements include statements regarding our future results of operations and financial position, planned products
and services, business strategy and plans, objectives of management for future operations of VinFast, market size and growth opportunities,
competitive position and technological and market trends and involve known and unknown risks that are difficult to predict. As a result,
our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements.
In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “shall,”
“should,” “expects,” “plans,” “anticipates,” “could,” “intends,”
“target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,”
“potential,” “goal,” “objective,” “seeks,” or “continue” or the negative of
these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions. Such forward-looking
statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently
uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the
risk that the Company’s securities may experience a material price decline and volatility in the price of such securities due to
a variety of factors, (ii) the adverse impact of any legal proceedings and regulatory inquiries and investigations on the Company’s
business, (iii) risks associated with the Company’s limited operating history, (iv) the ability of the Company to achieve
profitability, positive cash flows from operating activities, and a net working capital surplus, (v) the ability of the Company to
fund its capital requirements through additional debt and equity financing under commercially reasonable terms and the risk of shareholding
dilution as a result of additional capital raising, if applicable, (vi) risks associated with being a new entrant in the EV industry,
(vii) the risks of the Company’s brand, reputation, public credibility, and consumer confidence in its business being harmed
by negative publicity, (viii) the Company’s ability to successfully introduce and market new products and services, (ix) competition
in the automotive industry, (x) the Company’s ability to adequately control the costs associated with its operations, (xi) the
ability of the Company to obtain components and raw materials according to schedule at acceptable prices, quality, and volumes acceptable
from its suppliers, (xii) the Company’s ability to maintain relationships with existing suppliers who are critical and necessary
to the output and production of its vehicles and to create relationships with new suppliers, (xiii) the Company’s ability to
establish manufacturing facilities outside of Vietnam and expand capacity in a timely manner and within budget, (xiv) the risk that
the Company’s actual vehicle sales and revenue could differ materially from expected levels based on the number of reservations
received, (xv) the demand for, and consumers’ willingness to adopt, EVs, (xvi) the availability and accessibility of EV
charging stations or related infrastructure, (xvii) the unavailability, reduction, or elimination of government and economic incentives
or government policies which are favorable for EV manufacturers and buyers, (xviii) failure to maintain an effective system of internal
control over financial reporting and to accurately and timely report the Company’s financial condition, results of operations, or
cash flows, (xix) the risk of battery pack failures in the Company or its competitor’s EVs, (xx) risks related to the
failure of the Company’s business partners to deliver their services, (xxi) errors, bugs, vulnerabilities, design defects,
or other issues related to technology used or involved in the Company’s EVs or operations, (xxii) the risk that the Company’s
research and development efforts may not yield expected results, (xxiii) risks associated with autonomous driving technologies, (xxiv) product
recalls that the Company may be required to make, (xxv) the ability of the Company’s controlling shareholder to control and
exert significant influence on the Company, (xxvi) the Company’s reliance on financial and other support from Vingroup and
its affiliates and the close association between the Company and Vingroup and its affiliates, (xxvii) conflicts of interests with
or any events impacting the reputation of Vingroup affiliates or unfavorable market conditions or adverse business operations of Vingroup
and Vingroup affiliates, and (xxviii) other risks discussed in our reports filed or furnished to the SEC.
All forward-looking statements
attributable to us or people acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above.
You are cautioned not to place undue reliance on any forward-looking statements, which are made only as of the date hereof. VinFast does
not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information
or future events, changes in assumptions, or changes in other factors affecting forward-looking statements, except to the extent required
by applicable law. If VinFast updates one or more forward-looking statements, no inference should be drawn that it will make additional
updates with respect to those or other forward-looking statements. The inclusion of any statement herein does not constitute an admission
by VinFast or any other person that the events or circumstances described in such statement are material. Undue reliance should not be
placed upon the forward-looking statements.
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