VinFast Auto Ltd. (VFS) Stock: Wild Ride After 535% E-Scooter Sales Explosion and Strong Growth Metrics

VinFast shares take a nosedive following unsustainable rally—proving once again that what goes up 535% must eventually face gravity.

The Electric Paradox

While e-scooter sales surged an astronomical 535% and overall growth metrics showed robust performance, VFS stock decided to demonstrate Newton's fourth law of finance: markets overshoot then correct violently. The disconnect between operational success and market sentiment has traders scratching their heads—or counting their losses.

Growth Versus Reality

Massive sales numbers typically drive bullish momentum, but VinFast's case reveals the harsh truth about market psychology. When valuations detach from fundamentals, even spectacular growth can't prevent the inevitable reckoning. The company's explosive e-scooter performance became collateral damage in a broader market correction.

Another classic case of 'buy the rumor, sell the news'—where the news was actually good, but the market had already priced in perfection. Because nothing says sustainable investing like treating stocks like lottery tickets.

TLDR:

• VinFast’s Q3 2025: 47% revenue growth but stock drops 10%.
• VinFast sees record EV deliveries, up 74% YoY in Q3 2025.
• E-scooter sales jump 535%, boosting VinFast’s global presence.
• VinFast expands into India and Indonesia, enhancing market share.
• Tech upgrades, branding strategy set VinFast up for future growth.

VinFast Auto Ltd. (VFS) saw its stock fall by 10.1%, dropping to $3.1150, following a robust earnings report for Q3 2025.

VinFast Auto Ltd., VFS

Despite a significant revenue increase, the company’s shares experienced a brief recovery before stabilizing at the lower value. This drop contrasts with impressive growth across key areas, including electric vehicle deliveries and a massive surge in e-scooter sales, which helped drive up overall performance.

E-Scooter Sales Surge and Record EV Deliveries Fuel Growth

VinFast reported a significant revenue boost of 47% year-over-year, reaching USD 719 million in Q3 2025. The company delivered 38,195 electric vehicles globally, marking a 74% increase from the previous year. Meanwhile, the delivery of e-scooters and e-bikes surged by 535%, totaling 120,052 units. This growth reflects a sharp increase in demand for sustainable mobility solutions, which bolstered the company’s market presence.

VinFast’s expansion into various global markets, including Asia, also contributed to the strong sales figures. In addition to increasing EV deliveries, VinFast has been increasing its footprint in countries like India and Indonesia. The company’s progress in these regions demonstrates the effectiveness of its international strategy and underlines its growing influence in the electric mobility market.

Strategic Investments and Technology Developments Drive Future Growth

The company continues to invest heavily in technology to maintain a competitive edge. VinFast is reengineering its electric vehicle platform and integrating advanced features, including ADAS and autonomous driving capabilities. The company has also moved towards an in-house development model for software, enabling faster updates and improved system performance. These technological advancements aim to cater to a diverse customer base, from luxury to commercial markets.

In addition to technological upgrades, VinFast has made strategic investments to enhance its product offerings. The company plans to market its vehicles under three distinct brands: VinFast, Green Series, and Lac Hong. This branding strategy aims to address various customer segments, from everyday users to ultra-luxury buyers, further strengthening the company’s position in the competitive EV market.

VinFast’s Momentum in Vietnam and International Markets Continues

VinFast has made significant strides in its home market, Vietnam, becoming the first carmaker to surpass 100,000 vehicles sold in the first three quarters of a year. The company also maintained its position as Vietnam’s best-selling carmaker for thirteen consecutive months. Beyond Vietnam, VinFast is growing its presence in India, securing financing partnerships and establishing dealer networks.

In India, VinFast has set up 20 dealer stores as of September 2025, aiming to boost brand recognition. The company also ranks among the top 8 for EV registrations in the country. Its presence in key markets like India and Indonesia positions VinFast as a major player in the global EV space, despite the recent stock dip.