Form 424B3 - Prospectus [Rule 424(b)(3)]
14 June 2024 - 10:02PM
Edgar (US Regulatory)
Filed Pursuant
to Rule 424(b)(3)
Registration No. 333-274475
Prospectus Supplement No. 3
(To
Prospectus dated March 22, 2024)
VinFast Auto
Ltd.
64,041,969
Ordinary Shares
This prospectus
supplement amends and supplements the prospectus dated March 22, 2024 (the “Prospectus”), which forms a part of our Registration
Statement on Form F-1 (Registration Statement No. 333-274475). The Prospectus relates to: (i) the offer and sale, from time to time,
by the selling securityholders named therein, or their pledgees, donees, transferees, or other successors in interest, of an aggregate
of 60,720,967 ordinary shares of VinFast Auto Ltd., a public company incorporated under the laws of Singapore (Company Registration No:
201501874G), no par value (“ordinary shares”), and (ii) the issuance from time to time by us of up to 3,321,002 ordinary
shares issuable upon the exercise of up to 3,672,708 warrants. Each warrant entitles the holder thereof to purchase one ordinary share
at a price of $11.50 per ordinary share.
This prospectus
supplement is being filed to update and supplement the information included in the Prospectus with the information contained herein.
This prospectus supplement is not complete without, and may not be delivered or utilized except in combination with, the Prospectus,
including any amendments or supplements thereto. This prospectus supplement should be read in conjunction with the Prospectus and if
there is any inconsistency between the information in the Prospectus and this prospectus supplement, you should rely on the information
in this prospectus supplement.
Our ordinary shares
and warrants are listed on the Nasdaq Stock Market LLC (“Nasdaq”) under the symbols, “VFS” and “VFSWW.”
On June 13, 2024, the last reported sale price of our ordinary shares and warrants as reported on Nasdaq was $3.93 per ordinary share
and $0.42 per warrant, respectively.
Investing in
our securities involves a high degree of risk. See “Risk Factors” beginning on page 12 of the Prospectus for a discussion
of information that should be considered in connection with an investment in our securities.
Neither the
Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined
if the Prospectus or this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.
The date of this
prospectus supplement is June 14, 2024.
June 2024 Business
Updates
Manufacturing
Facilities
In select target markets,
VinFast Auto Ltd. (“VinFast”, “we”, “us”, “our”, or the “Company”) have decided
to accelerate the establishment of our manufacturing facilities to leverage attractive government incentives.
In India, the target production start date for
our Completely Knocked Down (“CKD”) facility in Thoothukudi, Tamil Nadu, is expected to be in the first half of 2025.
In Indonesia, the target production start date
for our CKD facility is expected to be by the end of 2025. We expect to break ground on our manufacturing facility in Indonesia within
the next two months.
Our CKD facilities in Thoothukudi, Tamil Nadu,
and in Indonesia are each expected to have an annual capacity of approximately 50,000 vehicles for phase 1, with a potential ramp-up to
300,000 vehicles per year depending on market demand.
Philippines Market
In May 2024, we officially
launched our brand in the Philippines. We are preparing to open a series of showrooms, with vehicle sales commencing shortly thereafter.
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