VinFast to debut in the Philippines market

This debut strongly affirms VinFast’s commitment to being a leader across Southeast Asian markets and its mission to promote the electrification of transportation globally.

As part of its global growth strategy, VinFast has invested in numerous markets, including the United States, Canada, Europe and, more recently, Indonesia, India, and Thailand.

The Philippines marks a new milestone for VinFast in its Southeast Asian expansion strategy, particularly as the country embraces more government policies that promote the growth of electric vehicles. The brand launch also reaffirms VinFast’s commitment to supporting the country in promoting greener and more sustainable transportation infrastructure.

VinFast will introduce Filipino customers to its comprehensive range of premium-quality electric vehicles, electric motorcycles, and electric bikes with modern, youthful designs and smart features, providing them with diverse offerings and high-quality electrified experiences.

Similar to other markets, VinFast will offer Filipino customers access to its exceptional after-sales services and attractive sales policies and the company is planning to establish a nationwide network of dealerships in the country, helping facilitate a swift transition from gasoline-powered vehicles to electric vehicles.

Nguyen Thi Minh Ngoc, CEO of VinFast Philippines, said, “The brand launch in the Philippines marks another significant milestone for VinFast in its journey to grow its presence in the global electric vehicle market. We are proud to support the Philippines in its electric mobility revolution and believe that by offering modern, powerful, and smart vehicles alongside exceptional customer service, VinFast will steadily achieve its expansion goals in this market.”

VinFast will host its brand launch event in Manila, Philippines on May 31 for the media and June 1-2 for the public. At the event, guests will be able to view and experience VinFast's range of electric vehicles, including the VF e34, VF 5, VF 7, and VF 9, six electric motorcycle models, and the VF DrgnFly electric bike.

In January 2024, Philippine President Ferdinand Romualdez Marcos Jr. and Vingroup chairman and VinFast founder and CEO Pham Nhat Vuong held an official meeting to discuss cooperation opportunities.

VinFast expands into Thailand VinFast has signed an MoU with 15 Thai dealers at the 2024 Bangkok International Motor Show, taking place from March 27 to April 7.

VinFast to continue to grow Pham Nhat Vuong, chairman of Vingroup Corporation, announced he will provide an additional $1 billion in sponsorship for VinFast in the near future and devote all efforts to building the brand at the company's AGM on April 25 in Hanoi.

VinFast transforms business growth plan VinFast is expanding its global market presence by exploring carbon credits as a new revenue stream while advancing facilities to boost its international production capabilities.