Nov 21 (Reuters) - Vietnam's VinFast reported a

sharp rise in third-quarter revenue on Friday, bolstered by

strong sales of its electric cars and bikes, with the company

riding on the growth to fuel expansion.

The company signed two loan facilities during the period,

totaling $250 million, as it looks to ratchet up its ambitious

growth strategy and expand internationally even amid tariff

pressures and subdued demand in the United States.

Still, taking on additional debt could hammer the

loss-making company's margins at a time when it works

aggressively to cut costs by shifting to a dealership-based

model and optimizing its supply chain.

VinFast's third-quarter revenue rose around 47% to

$718.6 million from a year ago.

E-scooter and e-bike deliveries soared 535% in the

quarter after Hanoi announced plans to ban petrol-powered

motorbikes in the city center starting in mid-2026.