Tyler Demetrio's questions to VinFast Auto Ltd (VFS) leadership • Q3 2024
Question
Tyler Demetrio asked for the strategic rationale behind the new completely knockdown (CKD) facility in Vietnam for VF 3 and VF 5 models. He also questioned how this new facility impacts the production plans for the upcoming India and Indonesia factories and their current completion status.
Answer
An executive clarified that the new CKD factory in Vietnam is necessary to meet the significant and growing demand and existing backlog for the affordable VF 3 and VF 5 models, both domestically and globally. They further explained that the India and Indonesia factories remain critical for tax purposes in those protected markets and are complementary to the new Vietnam facility, which will primarily serve domestic demand.