VinFast Auto Ltd.

Good day, and thank you for standing by. Welcome to VINFAST's second quarter 2023 financial results webcast conference call. At this time, all participants are in the listen-only mode. After the speaker's presentation, there will be question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. To ask a question via the webcast, please use the Q&A box available on the webcast link anytime during the conference webcast. Please be advised that today's conference is being recorded. I'd now like to hand the conference over to Ms. Carol Yuan, head of IR. Please go ahead.

Thank you, everyone, for joining our first earnings call as a public company. Before I turn it over to Thuy, let me remind you that some of the statements on this call include forward-looking statements under federal securities law. These include, without limitation, statements regarding the future financial performance of the company, delivery volumes, financial and operating outlook and guidance, macroeconomic and industry trends, company initiatives, and other future events. These statements are based on the predictions and expectations as of today, and actual events or results may differ due to number of risks and uncertainties. We refer you to the cautionary language and the risk factors in our most recent filings with the SEC. In addition, management will make reference to non-GAAP financial measures during this call. A discussion of why we use non-GAAP financial measures and information regarding reconciliation of our GAAP versus non-GAAP results is available in our earnings press release issued earlier this morning, as well as in the investor deck.

We are excited to welcome everyone to VinFast's first earning call. Thank you for joining us. Before I detail some of our recent milestones, I wanted to reiterate our business and mission. VinFast was founded in 2017 with the goal of emerging as a leader in the future of smart mobility through our intelligent, thoughtful, and inclusive full-scale mobility platform focused primarily on designing and manufacturing premium EVs, electric scooters, and electric buses. I'm proud to have spearheaded the formation of VinFast and lead the execution of our strategy from the outset, delivering our first vehicle less than two years later. We are excited by what we see as a tremendous global opportunity, especially in the EV space, and believe we are uniquely able to differentiate ourselves by our premium quality products at an inclusive price, as well as what we call a seamless ownership experience. We have established our operational facilities, including sales network in Vietnam, North America, and Europe. And moving forward, we plan to expand our coverage to Asia Pacific, Middle East, and other potential markets globally. We benefit from highly automated manufacturing capabilities and an integrated supply chain. We are backed by the support and resources of Vingroup, Vietnam's largest private conglomerate and our chairman . And our public listing in the U.S. provides VinFast with additional sources of capital and better position us to achieve our mission of creating a greener future for everyone. In August, VinFast became a US listed company on the NASDAQ Stock Exchange, following the completion of our business combination with Blackspace Acquisition Company. This was a proud moment for me and for the entire VinFast team, marking a significant milestone in the company's global expansion and reflecting a powerful vote of confidence in our vision. We broke ground on a new manufacturing site in North Carolina, signifying our commitment to global expansion and developing our diversified supply chain in North America. The project is the single largest investment by a Vietnamese company into America. It also marks the largest economic development initiative in North Carolina's history. The facility is targeted for commissioning in 2025 with an expected annual capacity of 150,000 vehicles per year in Phase 1. We enter into a capital funding agreement with Vingroup and its founder, Chairman Pham Nhat Vuong, who committed another $2.5 billion in funding to help accelerate VinFast's growth. We continue to deliver our sophisticated vehicles to markets around the world, most notably continuing to bring VF8 models to the U.S. We have worked with our globally recognized design partners, primarily Pininfarina, to ensure each of our vehicles offer distinctive style while providing a unique blend of advanced technology and hand craftsmanship. During the 75 days of electric mobility exhibition we held throughout Vietnam, we introduced the VF3, a two-door mini electric car model designed specifically for the Vietnam market. Boasting a compact and contemporary design, the VF3 drew significant interest as it offers numerous benefits, making it suitable for a wide range of application and operating environment. GSAM, the first Vietnamese EV taxi operator and an affiliate of VinFast, officially launched in Hanoi and Ho Chi Minh City. VinFast entered into vehicle sales agreement with GSAM for up to 200,000 e-scooters and 30,000 EVs, including the VF8. We have E34 and VSI. We continue to expand our global footprint. By the end of second quarter, VinFast had 245 showrooms and workshops for e-scooters and 122 showrooms globally for electric vehicles. I would like also to spend some time providing an overview of our near-term priorities. We have ambitious plans to deliver seven models in Vietnam, North America, Europe, and Asia over 2023 and 2024, such as delivering the VF9 in North America by the end of the year, as well as targeting first delivery of the VF6 later this year and the VF7 and VF3 in 2024. We are focused on building our production capabilities in North Carolina to better position us to serve the North American market. At VinFast, we strive for continuous improvement in the quality, functionality, and performance of its vehicles. And we remain committed to bring further innovation and technological enhancements to our lineup. Over the long term, we are focused on several strategic priorities to grow and enhance the business. We will expand our global footprint into 10 market clusters where we expect high EV demand growth, Vietnam, North America, Europe, Indonesia, India, and the Middle East. We have also identified between 40 and 50 potential markets globally to engage high quality distributors to import and distribute VinFast cars into local markets starting from 2024. We will further expand our global manufacturing capability through investment in technology, infrastructure, and equipment to add volume within our existing facility in Haiphong, as well as opening an additional factory in the US, Indonesia, and other potential markets to utilize our global supply chain. We will continue to focus on automotive technology through our in-house R&D and external partnerships, continuously providing over-the-air software updates and improvements to make our vehicles smarter and more reliable for our customers. We will build our customer-centric mindset through our extensive services. We intend to rapidly expand our sales network globally We are partnering with dealers and distributors while simultaneously driving cooperation with international ride-hailing companies, including GSM. In conclusion, we are proud of our accomplishments this quarter and look forward to a bright and greener future together. With that, I would like to turn the call over to David, who will discuss our financial performance for the quarter. David.