AUSTIN, TEXAS, November 10, 2023 - VinFast Auto Ltd. (the “Company” or “VinFast”) (NASDAQ: VFS) today at Electrify Expo 2023, announced its aggressive plans for expansion across the U.S. with more than 70 dealer applications in hand. Updates on dealer agreements are expected to be announced in the coming months, which should allow VinFast to start distributing its EVs through 125 points of sales nationwide. 

This is a step forward affirming VinFasts commitment to expanding its business network and quickly making electric vehicles accessible to more consumers. The Company is planning to distribute its electric vehicle models at hundreds of points of sales by the end of 2024, including its existing showrooms. In 2023, VinFast expects to distribute VF 8 models through its distribution network, and will continue its offerings with the VF 9, VF 6 and VF 7 when these models launch in the market.