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<title>CBAH - (2025-06-10) VinFast：第一季度营收增长近150%</title>
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<td><b><font size="5">(2025-06-10) VinFast：第一季度营收增长近150%</font></b><br>
<font size="2">10.06.2025</font><br><br>
<p align="justify"><b><p style="text-align: center;"><strong><span style="font-size: xx-large;"><span style="font-family: Arial;">&#160;<span style="color: rgb(33, 37, 41);">VinFast：第一季度营收增长近150%</span></span></span></strong></p></b><br>
<p style="text-align: right;"><span style="font-size: x-large;"><span style="font-family: Arial;">&#160;</span></span><em style="box-sizing: border-box; text-align: right; font-family: Arial; font-size: x-large;">来源：越通社</em></p>
<p><span style="color: rgb(33, 37, 41); font-family: Arial; font-size: x-large;">6月10日上午，VinFast公布了2025年第一季度经营业绩。据此，该公司营收实现强劲增长，同比增长近150%。</span></p>
<p><span style="font-size: x-large;"><span style="font-family: Arial;"><br style="box-sizing: border-box; color: rgb(33, 37, 41); font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px;" />
<span style="color: rgb(33, 37, 41);">VinFast称，在全球汽车市场波动及第一季度通常为淡季的背景下，这家越南电动车制造商共交付36330辆电动汽车，同比增长296%，超过去年上半年交付总量。与此同时，电动摩托车和电动自行车的交付量达44904辆，同比增长473%。</span><br style="box-sizing: border-box; color: rgb(33, 37, 41); font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px;" />
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<span style="color: rgb(33, 37, 41);">2025年第一季度，该公司总营收达16306.4万亿越盾（约6.565亿美元），同比增长149.9%。本季度毛亏为57365亿越盾（2.31亿美元），净亏损为176938亿越盾（7.124亿美元）。</span><br style="box-sizing: border-box; color: rgb(33, 37, 41); font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px;" />
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<span style="color: rgb(33, 37, 41);">值得注意的是，毛利率有所改善，与2024年同期和上一季度相比明显提升，目前为-35.2%。</span><br style="box-sizing: border-box; color: rgb(33, 37, 41); font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px;" />
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<span style="color: rgb(33, 37, 41);">除了在财务表现上的亮点，VinFast 还积极推动产品线拓展。该公司推出了全新小型电动货车EC Van，含电池的售价为2.85亿越盾，货舱容积为2600升，续航150公里，预计将于2025年11月交付。</span><br style="box-sizing: border-box; color: rgb(33, 37, 41); font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px;" />
<br style="box-sizing: border-box; color: rgb(33, 37, 41); font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px;" />
<span style="color: rgb(33, 37, 41);">此外，VinFast还发布了30座电动巴士EB 6，预计将于2025年9月出厂，并将在10月推出学生专用校车。</span><br style="box-sizing: border-box; color: rgb(33, 37, 41); font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px;" />
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<span style="color: rgb(33, 37, 41);">VinFast计划在第三季度推出搭载新一代电气/电子（E/E）架构的Limo Green车型，开启新的技术方向，并优化生产成本。</span><br style="box-sizing: border-box; color: rgb(33, 37, 41); font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px;" />
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<span style="color: rgb(33, 37, 41);">在国际市场方面，VinFast 持续扩展销售网络和产品布局。在印尼，VF6 车型已正式开售，预计将于2025年第二季度开始交付。在菲律宾，公司与4家大型合作伙伴建立合作关系，今年将新增超过70家服务中心。在印度，VinFast已于2025年印度巴拉特车、房车、客车(Bharat Mobility Global Expo)展会上推介其品牌，预计于7月将在泰米尔纳德邦的工厂投入运营。</span><br style="box-sizing: border-box; color: rgb(33, 37, 41); font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px;" />
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<span style="color: rgb(33, 37, 41);">值得一提的是，VinFast 正在北美和欧洲大力推进运营优化战略。</span><br style="box-sizing: border-box; color: rgb(33, 37, 41); font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px;" />
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<span style="color: rgb(33, 37, 41);">截至2025年4月底，VinFast 已在全球建立388家门店，包括直营展厅（DTC）和官方授权经销网络。</span><br style="box-sizing: border-box; color: rgb(33, 37, 41); font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px;" />
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<span style="color: rgb(33, 37, 41);">VinFast 设定2025年全年交付量翻倍的目标，聚焦于越南、印尼、菲律宾、印度、北美和欧洲等重点市场，同时寻求在中东和非洲的新机遇。</span></span></span></p>
<p style="box-sizing: border-box; margin-top: 10px; margin-bottom: 16px; font-family: &quot;Noto Serif&quot;, Arial, Helvetica, sans-serif; font-size: 18px; line-height: 28.8px; color: rgb(33, 37, 41); text-align: right;"><span style="box-sizing: border-box; font-size: x-large;"><span style="box-sizing: border-box; font-family: Arial;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box;"><span style="box-sizing: border-box; text-indent: 35.45pt; color: rgb(51, 51, 51);">越南中国商会胡志明市分会</span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p>
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<p style="box-sizing: border-box; margin-top: 10px; font-family: Simsun; font-size: 13px; text-align: right;"><span style="box-sizing: border-box; font-size: x-large;"><span style="box-sizing: border-box; font-family: Arial;">2025年06月10日</span></span></p><br>
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