VinFast aims to popularize electric cars in Vietnam

After 6 years of launch, VinFast has achieved unprecedented feats, not only in Vietnam but also in the international auto industry. From a start-up business to a global electric vehicle company, listed on the NASDAQ stock exchange (USA); From the original 3 gasoline car models to the most diverse and high-quality electric vehicle product range in the world today - VinFast has gone through a journey of "Strong Vietnamese Spirit" full of pride and inspiration, with A particularly valuable source of encouragement from Vietnamese consumers. 

Entering the next stage of development, VinFast identifies two strategic goals: expanding operations in many countries, spreading the pride of the Vietnamese brand strongly to the world; quickly popularize electric vehicles nationwide, making Vietnam a typical model of green transportation in the region.

To realize the above goal, VinFast officially launched the second "Strong Spirit of Vietnam" campaign to thank old customers who supported the company in the early days of its business, and at the same time practically support millions of people. Vietnamese families own high-quality electric cars through special preferential policies.

Specifically, customers who participated in the first campaign and purchased one of the first 1 gasoline car models will receive a maintenance package worth 3 million VND for Lux car owners, 5 million VND for Lux cars. Fadil within 3 years and receive an immediate 3% discount on the purchase price of any VinFast electric vehicle.

In addition to the privilege of thanking old customers, all customers receive VinFast's unprecedented support policy in the market with the "3 best" car installment purchase incentives package: Longest loan term - maximum up to 8 years; Highest loan value – up to 70% of car price; Most attractive interest rate - only 5% for the first 2 years, 8% for the next 3 years and 9,5% for the last 3 years. All interest rate support costs and risks arising during the 8 years will be supported by VinFast, including the difference if the bank's floating interest rate is higher than the above levels.

Thus, in addition to the initial equity capital, each month customers only need to pay from 5,29 million VND in principal plus interest - lower than the cost of renting a car on the market - to immediately have a car to use. Use it every day and officially own the car after only 8 years. With the breakthrough installment payment policy, most Vietnamese consumers, including the common working class, have the ability to realize their "dream of having a car" simply and easily.

Along with the groundbreaking support campaign to express gratitude and call on Vietnamese consumers to join hands for a world-class Vietnamese industrial and high-tech brand, VinFast is also ready to compete head-on, moving towards gradually replacing gasoline cars with electric cars through optimizing vehicle purchase and use costs. Specifically, the selling price of electric car models without batteries is much cheaper than gasoline cars in the same segment, and the cost of battery rental and charging/km is also cheaper than the cost of fossil fuels.

In particular, for each electric car sold, VinFast will contribute 1 million VND to Vingroup's Green Future Fund to implement environmental activities. During the process of using the car, customers will receive meaningful gratitude gifts from VinFast corresponding to the number of Green kilometers achieved. It is estimated that for every kilometer traveled by electric vehicle, users will contribute to reducing 0,166 kg of CO2 emitted into the environment.

Thus, participating in the second "Strong Spirit of Vietnam" campaign with VinFast, consumers not only have the opportunity to own an electric car at an unprecedented low cost, but also join hands in building a brand. Vietnam is world class; but also contributes practically to the country's sustainable development goals, spreading the green living trend in the community.

The program "Strong Spirit of Vietnam" and attractive incentive policies for customers will be implemented from March 1, 3. 

MN