From Vietnam to the World
Our Sustainable Journey.

We are accelerating the global transition to smart, green mobility through innovation, integrity, and compassion. Our commitment to sustainability extends far beyond technology – it defines how we design, manufacture, and operate responsibly across every market we serve.

Message from the Chairwoman

Chairwoman Lê Thị Thu Thủy

Lê Thị Thu Thủy

Chairwoman of the Board of Directors
VinFast Auto Ltd.

“VinFast’s journey toward sustainability reflects our unwavering belief that green mobility is the future of transportation. From the very beginning, our mission has gone beyond producing electric vehicles – we aim to pioneer sustainable innovation, support communities, and protect the environment for future generations.

The 2024 Sustainability Report marks another milestone in our global expansion and ESG integration. We are strengthening our management systems, embedding responsible business conduct into every decision, and accelerating toward our Net Zero 2040 goal.

We understand that real transformation requires transparency, accountability, and collaboration. We invite all stakeholders - investors, customers, suppliers, employees, and communities - to join us on this journey toward a cleaner, smarter future for generations to come.”

Our Journey Toward a Greener Tomorrow

At VinFast, sustainability is not a checkbox - it is our compass. Born in Vietnam and growing across continents, we are driven by the vision:

“Driving the movement of the global smart electric vehicle revolution.”

Every product we create, every partnership we form, and every community we serve brings us closer to our mission:

“To create a more sustainable future for everyone.”

We believe mobility can be both intelligent and sustainable. From pioneering electric mobility in Vietnam to expanding into global markets such as India, Indonesia, Europe and US. VinFast continues to redefine transportation through green innovation and a human-centered approach.

ESG 2024 Highlights

VinFast's 2024 milestones underscore our progress toward becoming a global leader in sustainable transportation and corporate responsibility.

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Corporate
#1
best-selling vehicle
brand in Vietnam in 2024.
97,399 electric vehicles delivered globally
+192% vs. 2023.
Named among
TIME 100
Most Influential Companies
for the second consecutive year.
Recognized in
Top 10 Enterprises
for ESG Implementation
2024 (Vietnam ESG Forum).
Human Act Prize 2024 honored VinFast as
The Best Project For the Community.

Environment*

Saved 2.7 million kWh
of electricity (~1,782 tCO2 reduction).
Achieved 89.2% waste diversion
rate (recycled vs. total waste).
Launched first 30 MWp rooftop solar project.
Recertified for
ISO 14001:2015
Environmental Management System.
Recycled 26,404 m³
of treated wastewater.

Social*

Recertified for
ISO 45001:2018
Recertified for Occupational Health & Safety.
24.4 average training hours
per employee per year.
Delivered 6,940 training courses.
52% increase
in community investment vs. 2023.
Conducted 2,532
site-specific HSE risk assessments.

Governance*

50%
of the Board of Directors are women.
33.3%
independent Directors under U.S. SEC and Nasdaq rules.
1.2 USD million
in total tax contribution VinFast paid.
No reported
violations, fines, or breaches of ethics or code of conduct.
80% Tier-1 suppliers
signed the commitment to comply with Supplier Code of Conduct.

Long-Term Sustainability Targets

Guided by our commitment to creating long-term, shared value, we have established a series of ambitious, long‑term targets. These targets represent our core commitments and serve as the ultimate benchmark for our performance across our ESG priorities.

Environmental Commitments

Social Commitments

Governance Commitments

Net‑Zero emissions by 2040

VinFast’s ambitious goal to achieve Net-Zero emissions by 2040 is underpinned by a clear and actionable strategy: the 3E Mission – Electrification, Energy Saving, and Energy Greening. This mission addresses our entire value chain and aligns our business objectives with global sustainability imperatives.
VinFast NetZero Strategy
E1 — Electrification
  • Promote EV adoption for citizens and employees.
  • Expand charging networks nationwide.
  • Electrify all machinery, logistics, and operations by 2030.
  • Develop advanced, safe BESS solution.
E2 — Energy Saving
  • Embed energy efficiency in culture and KPIs.
  • Apply smart energy monitoring by 2028.
  • Implement carbon governance (product carbon footprint, internal carbon pricing, carbon credit trading).
  • Optimize power and LPG usage; enhance localization.
E3 — Energy Greening
  • Source renewable energy for all facilities.
  • Install rooftop solar at factories and stations.
  • Scale BESS for renewable integration.
  • Promote low‑emission materials across suppliers.
  • Raise awareness on EVs, BESS, and renewables to cut carbon emissions.
Together for a Better Future

Together for a Better Future

No company can solve the environmental, social, and governance crisis alone. At VinFast, we believe collaboration is key to unlocking a cleaner, more equitable world. We invite all stakeholders from investors and suppliers to customers and communities to join us in creating lasting impact.

* The reported data is typically derived from the Hai Phong Plant, which serves as the primary source of operational and performance information for this disclosure.