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VinFast leadership has addressed public speculation that the company’s restructuring plan is intended to withdraw VinFast from the automotive sector. In response to the rumors, Ms. Thai Thi Thanh Hai, Deputy General Director of VinFast, clarified that the plan centers on an asset acquisition by the Future Investment and Development Company together with Mr. Pham Nhat Vuong.
Under the plan, the Future Investment and Development Company, together with Mr. Pham Nhat Vuong, will acquire part of VinFast Vietnam’s assets, including two VinFast plants located in Hai Phong and Ha Tinh, at a transfer price of 13,309.6 billion VND.
In addition to purchasing the two plants, the buyer will assume the vast majority of VinFast’s total debt and obligations. The amount is stated at about 182,000 billion VND as of March 31, 2026. After the transaction, the buyer will produce cars to VinFast’s orders.
Following the restructuring, VinFast will no longer have a manufacturing arm in Vietnam. However, the company will continue manufacturing globally. In Vietnam, production will be contracted to the Future company.
Other functions—such as product development, vehicle design, sales, and aftersales—are described as remaining with VinFast and operating normally. The remaining parts are stated to be outside the scope of the transaction.
VinFast leadership said the restructuring is designed to leave VinFast Vietnam essentially debt-free, with only a small residual figure.
VinFast leadership also said the restructuring is intended to advance profitable milestones and support a more stable, sustainable future. It is expected that VinFast Vietnam will be profitable from 2027.
Customers’ main concern is how the restructuring will affect product quality, warranty, and future after-sales commitments. VinFast responded that there will be no impact: the factories will continue producing to current standards, and VinFast will remain responsible for strict quality control before selling to customers.
The company stated that its sales, warranty, after-sales, technical standards, and customer service network will continue to operate normally and will be upgraded.
VinFast leadership said shareholders have “nothing to worry about” and are pleased with the restructuring, viewing it as a clear signal for VinFast’s future development.
For Vingroup, the restructuring is described as reducing risk because Vingroup will no longer bear 50% of VinFast’s total debt (based on the ownership ratio) as before. VinFast also said the plan will help optimize financial costs and depreciation.
As Chairman Pham Nhat Vuong previously noted at a shareholders meeting, “In the future VinFast will not be a money pit for Vingroup but an asset that brings significant value to Vingroup.”
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