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VinFast Auto Ltd

Common Name
VinFast Auto
Country
Singapore
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
17,800
Ticker
VFS
Exchange
NASDAQ/NGS
Description
VinFast Auto Ltd. is a Vietnamese multinational automotive manufacturer that designs, develops, and produces electric vehicles for global markets. Founded in 2017 by Vingroup, one of Vietnam's largest...

VinFast Auto's GHG Emissions Data Preview

In 2023, VinFast Auto completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, VinFast Auto has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020-2019
Total Scope 1
7,747a
6,358a
6,072a
Total Scope 2
Unspecified Calculation Method
93,944a
105,631a
43,538a
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
174,836.38a
10.0263a
8.6241a
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Verified Sources Behind VinFast Auto’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. VinFast Auto's Sustainability Report 2023

Insights into VinFast Auto's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of VinFast Auto amounted to 101,691 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of VinFast Auto decreased by 9.2%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

VinFast Auto's Scope 1 Emissions Over Time

2019202020212022202302 k4 k6 k8 ktCO2e-26%+9%+5%+22%
  • Total Scope 1
  • Year-over-Year Change

What are VinFast Auto's Scope 1 emissions?

In 2023, the total Scope 1 emissions of VinFast Auto were 7,747 metric tons of CO₂ equivalent (tCO₂e).a

Has VinFast Auto reduced its Scope 1 emissions over time?

Since 2019, VinFast Auto's Scope 1 emissions have increased by 2.8%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2022), VinFast Auto's Scope 1 emissions increased by 21.85%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are VinFast Auto's Scope 2 emissions?

In 2023, VinFast Auto reported Scope 2 greenhouse gas (GHG) emissions of 93,944 tCO₂e without specifying the calculation method.a

Has VinFast Auto reduced its Scope 2 emissions over time?

Since 2019, VinFast Auto's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 37.65%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2022), VinFast Auto's Scope 2 emissions (Unspecified Calculation Method) fell by 11.06% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does VinFast Auto use for Scope 2 reporting?

In 2023, VinFast Auto reported its Scope 2 emissions using an unspecified methodology.a

VinFast Auto's Scope 2 Emissions Over Time

20192020202120222023030 k60 k90 k120 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into VinFast Auto’s GHG Emissions Intensity Compared to Industry Peers

In 2023, VinFast Auto reported Scope 1 greenhouse gas (GHG) emissions of 7,747 tCO₂e and total revenues of USD 0 millions. This translates into an emissions intensity of 174,836.38 tCO₂e per millions USD.a

VinFast Auto's Scope 1 Emissions Intensity Compared to Peers

1,00010,000100,0001,000,00010,000,000Scope 1 Emissions (tCO2e)0.1520020,0001,000,000Revenues (Millions of USD)Ford MotorYear: 2024Scope 1: 1,000,000 tCO2eRevenue: $M 184,993Scope 1 Intensity: 5.41 tCO2e/$MFerrariYear: 2025Scope 1: 38,618 tCO2eRevenue: $M 8,401Scope 1 Intensity: 4.60 tCO2e/$MGeneral MotorsYear: 2024Scope 1: 1,238,498 tCO2eRevenue: $M 187,441Scope 1 Intensity: 6.61 tCO2e/$MHyundai MotorYear: 2024Scope 1: 679,822 tCO2eRevenue: $M 119,418Scope 1 Intensity: 5.69 tCO2e/$MBYDYear: 2024Scope 1: 1,539,251 tCO2eRevenue: $M 106,480Scope 1 Intensity: 14.46 tCO2e/$MToyota MotorYear: 2024Scope 1: 2,480,000 tCO2eRevenue: $M 297,776Scope 1 Intensity: 8.33 tCO2e/$MTeslaYear: 2024Scope 1: 302,000 tCO2eRevenue: $M 97,690Scope 1 Intensity: 3.09 tCO2e/$MMazda MotorYear: 2025Scope 1: 119,000 tCO2eRevenue: $M 33,467Scope 1 Intensity: 3.56 tCO2e/$MYadea Group HoldingsYear: 2024Scope 1: 6,091 tCO2eRevenue: $M 3,869Scope 1 Intensity: 1.57 tCO2e/$MBAIC BlueParkYear: 2024Scope 1: 12,083 tCO2eRevenue: $M 1,988Scope 1 Intensity: 6.08 tCO2e/$MFord Otomotiv SanayiYear: 2024Scope 1: 129,507 tCO2eRevenue: $M 22,021Scope 1 Intensity: 5.88 tCO2e/$MZEEKR Intelligent Technology HoldingYear: 2024Scope 1: 24,843 tCO2eRevenue: $M 1,460Scope 1 Intensity: 17.01 tCO2e/$MYamaha MotorYear: 2024Scope 1: 133,689 tCO2eRevenue: $M 16,409Scope 1 Intensity: 8.15 tCO2e/$MGuangzhou Automobile GroupYear: 2024Scope 1: 159,201 tCO2eRevenue: $M 14,769Scope 1 Intensity: 10.78 tCO2e/$MNissan MotorYear: 2024Scope 1: 442,000 tCO2eRevenue: $M 83,768Scope 1 Intensity: 5.28 tCO2e/$MRenaultYear: 2025Scope 1: 379,100 tCO2eRevenue: $M 68,096Scope 1 Intensity: 5.57 tCO2e/$MZhejiang Leapmotor TechnologyYear: 2024Scope 1: 16,467 tCO2eRevenue: $M 4,407Scope 1 Intensity: 3.74 tCO2e/$MDongfeng Motor GroupYear: 2024Scope 1: 273,693 tCO2eRevenue: $M 15,841Scope 1 Intensity: 17.28 tCO2e/$MChongqing Changan AutomobileYear: 2025Scope 1: 190,728 tCO2eRevenue: $M 23,426Scope 1 Intensity: 8.14 tCO2e/$MIsuzu MotorsYear: 2025Scope 1: 172,302 tCO2eRevenue: $M 21,576Scope 1 Intensity: 7.99 tCO2e/$MHero MotoCorpYear: 2025Scope 1: 19,938 tCO2eRevenue: $M 4,765Scope 1 Intensity: 4.18 tCO2e/$MVolvo CarYear: 2025Scope 1: 32,000 tCO2eRevenue: $M 38,840Scope 1 Intensity: 0.82 tCO2e/$MNIOYear: 2024Scope 1: 29,738 tCO2eRevenue: $M 9,007Scope 1 Intensity: 3.30 tCO2e/$MTata Motors Passenger VehiclesYear: 2025Scope 1: 70,746 tCO2eRevenue: $M 51,124Scope 1 Intensity: 1.38 tCO2e/$MVinFast AutoYear: 2023Scope 1: 7,747 tCO2eRevenue: $M 0Scope 1 Intensity: 174,836.38 tCO2e/$M

How does VinFast Auto's GHG emissions intensity compare to its peers?

In 2023, VinFast Auto reported a Scope 1 emissions intensity of 174,836.38 tCO₂e per millions USD. Compared to the peer group median of 5.63, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does VinFast Auto rank on GHG emissions intensity within its industry?

In 2023, VinFast Auto ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places VinFast Auto among the least efficient performers, with one of the highest emissions intensities in its sector.a

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