HANOI (Reuters): Vietnamese electric vehicle maker VinFast's losses widened in the second quarter due to rising costs linked to its overseas expansion and impairment charges, although its revenue rose, it has reported.
VinFast, which started to deliver cars in California last year, said it made a net loss of $773.5 million in the April-June period, an increase of 27% from the first quarter and 40% bigger than the same period last year.
