In support of the Government and Hanoi City’s initiatives, on July 21, 2025, Vingroup sent an official dispatch to the Hanoi People’s Committee, reporting and proposing the implementation of accompanying solutions to support the capital’s people in switching to electric vehicles.
Vingroup introduces a range of incentives to support Hanoi residents in transitioning to electric vehicles.
Specifically, Vingroup, together with its partners and ecosystem companies, will implement the following actions and policies:
1. Collaborate with major partner banks such as VPBank, Techcombank, and BIDV to offer preferential loan packages with discounted interest rates for customers purchasing VinFast electric vehicles and registering Hanoi license plates:
- For personal use, customers receive a 3% interest rate support per year, applicable for three years.
- For business operations on the Xanh SM Platform, customers are offered a 4% interest rate reduction per year, valid for three years.
2. Partner with financial companies Shinhan Finance and Lotte Finance to provide instant ownership solutions for electric motorcycles with zero down payment for residents with permanent or temporary residence in the capital:
- For business operations on the Xanh SM Platform, customers are not required to make an initial down payment. VinFast will offer a 10% discount on the vehicle price, and the remaining 90% can be financed through Shinhan Finance or Lotte Finance over a maximum of three years, guaranteed by GSM Company.
- For other purposes, customers only need to pay a 10% down payment and can avail of a loan for up to 80% of the vehicle price through Shinhan Finance or Lotte Finance over a maximum of three years. VinFast will provide a 10% discount on the remaining amount.
3. Full registration fee support for residents with permanent or temporary residence in Hanoi purchasing VinFast electric motorcycles from July 24 to October 24, 2025.
4. GSM Company commits to a fixed revenue-sharing rate of 90% for three years for all drivers who purchase VinFast electric cars or motorcycles and register for business operations on the Xanh SM Platform from August 1, 2025.
5. Free charging at V-Green public charging stations until May 31, 2027, for all customers owning VinFast electric motorcycles.
6. Vingroup’s ecosystem companies, in collaboration with partner dealers, will organize the “Green Festival: Trade-In Gasoline Cars for Green Cars” at Vinhomes Global Gate Urban Area (Dong Anh, Hanoi) and other locations in the capital to facilitate the transition from gasoline to electric vehicles. The program will commence on July 29, 2025.
The Best Electric Motorcycles Under $2,000 for Urban Commuters
Amidst the backdrop of the government’s tightening policies on internal combustion engine motorcycles, the demand for reasonably priced electric motorcycles is surging rapidly in Hanoi.
VinFast Brings an Electric Vehicle Extravaganza to Thanh Hoa: Unveiling Astonishing Offers of up to VND 168 million.
In three days, from July 18 to 20, VinFast’s exciting event, “Vi vu muôn ngả – Phủ xanh Việt Nam,” will make its grand arrival in Thanh Hoa.
“VinFast to Unveil New Model at GIIAS 2025”
VinFast is back at the Gaikindo Indonesia International Auto Show (GIIAS) 2025, taking place from July 24 to August 3, 2025. At this prestigious event, VinFast will unveil a brand-new right-hand drive model, marking a significant step forward in the company’s journey.
The All-New Ford Mustang Mach-E: Unveiling in Vietnam on August 15th
Ford Vietnam has an exciting announcement for the Vietnamese market: the highly anticipated launch of the Mustang Mach-E, an electric vehicle that delivers an exhilarating driving experience, is set for August 15, 2025.
Electric Cars: The Inevitable Global Trend
Despite the fluctuations in the global automotive market, electric vehicles are maintaining a robust growth trajectory, solidifying their pivotal role within the automotive industry. Electric cars are becoming an inevitable global trend.
