Core Insights - VinFast Auto aims to sell 300,000 vehicles globally by 2026, focusing on expanding into international markets with new models [1] - The company experienced a significant increase in global sales, which more than doubled to 196,919 vehicles in 2025 from 97,399 units in 2024, primarily due to strong domestic market performance [1] Domestic Market Performance - In Vietnam, VinFast's sales nearly doubled to 175,099 units in 2025, representing about one-third of the total 564,000 light vehicles sold in the country that year, aided by the launch of new battery-powered MPVs [2] - Domestic sales further increased by 55% to 16,172 units in January 2026, although this was a 42% decline from the record 27,649 units sold in December [2] Market Outlook and Strategy - GlobalData projects a modest 4% increase in total light vehicle sales in Vietnam, reaching 587,000 units in 2026, indicating rising competition in the domestic market [3] - To achieve its sales targets, VinFast is focusing on stronger growth in overseas markets, including Indonesia, India, and the Philippines, supported by the introduction of new models like the Limo Green taxi and VF MPV 7, along with an expanded distribution network [3]