VinFast Auto reported a 149.9% year-over-year increase in revenue for the first quarter of 2025, reaching $656.5 million, surpassing estimates by approximately 22%. Despite this revenue growth, the Vietnamese electric vehicle maker's net loss widened by 15% to $712 million. The company posted an adjusted earnings per share (EPS) loss of $0.30, which was about 7% worse than expected. VinFast delivered over 36,000 electric vehicles during the quarter and continued strong growth in its two-wheeler segment, maintaining its leading position in Vietnam while expanding into Southeast Asia and India. The company did not provide revenue or EPS guidance for the upcoming quarter. VinFast's shares surged 10.8% in pre-market trading following the earnings release, reflecting investor optimism despite the increased losses linked to rising costs from its global expansion efforts.