Global Charging Station Development JSC V-GREEN has signed a contract with Vasia JSC to deploy V-GREEN franchised charging stations in Bac Ninh province.
This partnership will help V-GREEN accelerate the greening of charging stations and expand its franchise model in Vietnam.
As per the agreement, Vasia will invest in and operate 10 concentrated charging points under the V-GREEN brand name in the cities of Bac Ninh and Tu Son in 2024 to serve VinFast electric car owners. By June 30, 2025, there will be a minimum of 30 franchised charging points invested and operated by Vasia in the province.
The charging stations managed by Vasia will share a common identity with the V-GREEN charging system. Vasia will invest in new charging stations, take responsibility for their management and operation, and receive a revenue share based on the kWh of electricity consumed by customers.
Not only will this partnership create economic benefits and stable revenue for the investing unit, contributing to the overall development of the local economy, but it will also help turn Bac Ninh into a model province, leading the way in green transformation.
Speaking at the signing ceremony, Mr. Nguyen Thanh Duong, CEO of V-Green, said, “This agreement marks an important step forward not only for V-GREEN and Vasia but also opens up a new direction to accelerate the deployment of electric vehicle charging stations in Vietnam. V-Green will promote cooperation with large partners in the coming time, thereby maximizing the advantages of local understanding of partners and professionalism and synchronization of V-GREEN to bring about breakthrough developments in green transport infrastructure.”
Mr. Pham Van Vuong, Chairman of the Board of Directors of Vasia, shared, “As a typical young enterprise of Bac Ninh province, Vasia is delighted to cooperate with V-GREEN to develop franchised charging stations in Bac Ninh, thereby contributing more to the socio-economic development of the province. Vasia is also proud to be a pioneer in joining hands with V-GREEN in expanding the franchised charging station model, thereby helping to perfect the VinFast electric vehicle ecosystem and contributing to making VinFast the number one automotive brand in the Vietnamese market.”
The franchised charging station model is being promoted by V-GREEN nationwide, offering attractive business opportunities for partners and strongly promoting the greening of charging stations in Vietnam. V-GREEN not only provides equipment and solutions but also supports partners throughout the implementation and business operation to maximize benefits and bring the best experience to VinFast electric car customers.
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