VinFast Auto Ltd., often referred to simply as VinFast, is a Vietnamese multinational automotive manufacturer headquartered in Hai Phong City, Vietnam. Founded in 2017 as a subsidiary of Vingroup, one of Vietnam's largest private conglomerates, the company became publicly traded on Nasdaq under the ticker VFS in August 2023. As of July 2026, VinFast has a market capitalization of approximately $7.28 billion and reported a trailing twelve-month revenue of around $3.45 billion as of 2025. The company's global workforce numbered approximately 23,138 employees in 2025.
VinFast specializes in the design, development, manufacturing, and sale of electric vehicles, including electric cars (such as the VF 8, VF 9, VF e34, VF 3, VF 5, VF 6, and VF 7 SUVs), e-scooters, and e-buses. The company initially produced petrol vehicles but announced a full transition to electric vehicle production in 2022. Beyond vehicle sales, VinFast provides related services such as battery leasing, charging solutions, and comprehensive maintenance, including mobile services and over-the-air firmware updates. VinFast operates manufacturing facilities in Hai Phong, Vietnam, and is establishing an electric vehicle production plant in North Carolina, USA, anticipated to commence operations by the end of 2025.
In terms of patent litigation, VinFast Auto Ltd. primarily holds a defensive posture. The company has been involved in one tracked case as a defendant and none as a plaintiff, indicating it is an operating company facing patent infringement allegations rather than an entity focused on asserting patents.
The company's sole tracked patent litigation case is ArcelorMittal of Luxembourg v. VinFast Auto Ltd. et al., filed on April 17, 2024, at the U.S. International Trade Commission (ITC). The complaint alleged that VinFast violated patents related to high-strength aluminum and aluminum alloy-coated steel used in its imported vehicles, specifically mentioning the VF 8 model. The ITC initiated an investigation (No. 337-TA-1402) into the matter. However, this ITC investigation was terminated on September 18, 2025.