This pioneering policy provides customers greater peace of mind when transitioning to electric vehicles, accelerates the broader shift toward green mobility, and reaffirms VinFast's long-term commitment to the Philippine market.
To strengthen customer confidence in the long-term value of electric vehicles, starting in November 2025 VinFast will apply a guaranteed residual value plan based on a fixed annual depreciation schedule. After the vehicle is inspected and confirmed to meet eligibility criteria, the maximum guaranteed residual values are set at 90 percent after six months of use, 86 percent after one year, 78 percent after two years, and 70 percent after three years.
The RVG Program applies to VinFast's entire product lineup in the Philippines, from the VF 3 to the VF 9, and is available to new customers. The program is the latest in a series of customer-centric solutions VinFast is implementing in the Philippines to facilitate the transition to electric vehicles. Earlier initiatives include a vehicle warranty of up to 10 years, three years of free charging at stations operated by strategic partner V-Green, flexible financing options, and 24-hour technical support and roadside assistance.
Mr. Antonio Zara, CEO of VinFast Southeast Asia, stated: "With a residual value guarantee of up to 90% of the vehicle's list price, VinFast aims to make EV ownership more accessible and reassuring for Filipino consumers. When combined with our other support programs, we believe electric vehicles will soon become a natural and reliable choice for households and individual users across the Philippines. This program reflects our long-term commitment to the market and reinforces our strong belief in the quality of our products."
After more than a year in the Philippine market, VinFast has steadily strengthened its presence with a diverse EV portfolio, flexible sales policies, and dedicated after-sales services. Alongside its growing network of authorized dealerships, VinFast collaborates with leading local partners to operate a wide network of maintenance service centers, providing customers with convenient and consistent service nationwide.
In the next phase, VinFast will continue to expand its distribution and service network in key locations in the Philippines, further developing a comprehensive EV ecosystem centered on sustainable mobility. This reinforces the company's long-term commitment to Filipino consumers and lays the foundation for sustainable growth moving forward.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.
VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.
Moving homes can be exciting, but it often brings stress, packing chaos, and a long list of tasks that can quickly feel overwhelming. Whether you're shifting from a cit…
Your vehicle's windscreen is far more than just a window to the road ahead. It's a critical safety component that protects you from the elements, contributes to your ca…
When you take on the role of a landlord, you not only take on the responsibility of finding tenants but also the ongoing duty of protecting your rental property. To saf…
Every year, thousands of vehicles in Victoria reach the end of their life cycle — damaged in accidents, worn out from years of use, or simply outdated. Leaving these ve…
Disagreements between landlords and tenants are common in commercial leasing, but many can be avoided with the right approach. Commercial lease disputes often arise fro…
Melbourne’s love affair with backyard pools comes with an often-ignored obligation: Pool Maintenance and Service. In a city famous for its 'four seasons in a day', soar…
When it comes to home comfort and design, ceiling fans are one of the most practical and energy-efficient additions you can make. Whether you’re updating your living ro…
Buying a home is a major milestone, but navigating the lending process can feel overwhelming. From comparing loan products to understanding interest rates, there’s a lo…
For many people, dental anxiety isn’t just a minor worry — it’s a barrier that keeps them from getting the care they need. The sound of drills, the sterile scent, or even a simple check-up can cause h...
Getting a restful night's sleep is essential for overall health and well-being. For many, external noises—be it a snoring partner, traffic, or noisy neighbors—can disrupt sleep patterns. One effective...
Adolescence is often described as a turbulent period of life. Hormonal changes, social pressures, academic stress, and the search for identity all combine to make the teenage years emotionally inten...
Hashtag.net.au
