China-made Cars Offer Hefty Discounts, Up to a Hundred Million VND

The influx of Chinese automobiles into Vietnam is offering customers a diverse range of options across different segments, including gasoline, hybrid, and electric vehicles.

The challenge for Chinese automakers is evident in a relatively discerning market like Vietnam. Currently, several brands from the populous nation are offering promotions in various forms, with incentives reaching up to nearly a hundred million VND.

BYD Offers Gifts Worth Tens of Millions and Interest-Free Loans

After nearly a year of presence in Vietnam, BYD now boasts a substantial product lineup with six electric vehicles and one hybrid plug-in.

In May, BYD introduced a promotional program that includes official gifts and interest benefits for the first two years, in collaboration with a Vietnamese bank.

The models included in this BYD promotion are the BYD Dolphin, BYD Atto 3, and BYD Seal. The interest-free loan program for the first two years does not apply to the BYD Atto 3 Dynamic version.

BYD Atto 3. Photo: Phúc Hậu.

All versions of the aforementioned models in Vietnam are eligible for official gift packages. The gift values range from 20 to 80 million VND, depending on the version and model.

The Chinese automaker also offers a complimentary standard maintenance package for six years, worth 6 million VND, for customers who purchase the BYD Dolphin, BYD Atto 3, or BYD Seal during May.

All three models included in BYD’s May promotion were among the initial offerings when BYD officially debuted in Vietnam. Currently, the BYD Dolphin is priced at 659 million VND, retaining its position as the most affordable option in BYD’s Vietnamese lineup.

BYD Dolphin. Photo: Phúc Hậu.

The BYD Atto 3 is positioned in the B/B+ crossover segment and is offered in two versions, both priced at 766 million and 886 million VND, respectively.

At its launch, the BYD Seal was the only electric sedan in the mainstream segment. It is available in two versions: Seal Advanced (1.119 billion VND) and Seal Performance (1.359 billion VND)

Omoda & Jaecoo Offer Discounts Worth Up to Nearly a Hundred Million VND

The duo of brands, Omoda and Jaecoo, under the Chery umbrella, were recently introduced to the Vietnamese market. The Omoda C5 and Jaecoo J7 are their inaugural models, with the latter offering a hybrid plug-in version.

During May, both Chinese brands are offering substantial discounts to Vietnamese customers, with values reaching tens of millions of VND.

Omoda C5. Photo: Vĩnh Phúc.

Specifically, the Omoda C5, with prices ranging from 539 to 669 million VND, is now available at a discounted rate of 499 to 602 million VND, equivalent to a maximum discount of 67 million VND. Buyers of this model also receive a one-year physical insurance package and accessories, including a dashcam and heat-insulating film, depending on the version.

Notably, the Omoda C5 Luxury, priced at 499 million VND after the discount, is one of the most affordable SUV options in the B-segment. Its price is comparable or even lower than vehicles in the smaller SUV A-segment, such as the Toyota Raize, Kia Sonet, and Hyundai Venue.

Jaecoo J7 offers a PHEV version in Vietnam.

As for the Jaecoo J7, the flagship pure gasoline version of this C-segment SUV, originally priced at 799 million VND, is now offered at a discounted rate of 739 million VND.

The most significant discount is offered on the Jaecoo J7 PHEV. Customers can now purchase this hybrid plug-in model for 879 million VND, a discount of 90 million VND from the original price of 969 million VND.

Lynk & Co Continues to Offer Discounts on Registration Fees

During May, the Geely-owned brand is extending its program to cover 50% of the registration fee for all Lynk & Co vehicles in Vietnam, including the 06, 01, 05, 03+, and 09 models.

Lynk & Co 06 is the brand’s most affordable model in Vietnam. Photo: Phúc Hậu.

Among these, the Lynk & Co 06, a B-segment SUV, is the most affordable option from the brand in Vietnam, currently priced at 729 million VND. Thanks to this promotion, customers can save at least 36.5 million VND in on-road costs when opting for this SUV.

The Lynk & Co 09, priced at 2.199 billion VND, is the brand’s most expensive offering. In May, customers who purchase this large SUV will also benefit from a 50% discount on the registration fee, resulting in potential savings of up to 131.9 million VND, depending on the registration location.

The remaining Lynk & Co models in the Vietnamese market, including the 01 (999 million VND), 05 (1.599 billion VND), and 03+ (1.899 billion VND), also feature similar promotions, with discounts ranging from 50 million to 114 million VND, applicable depending on the model, version, and registration location.

Lynk & Co 09 is the flagship SUV in the brand’s lineup. Photo: Phúc Hậu.

Additionally, the Geely-owned brand offers a trade-in incentive of 10 million VND per vehicle when customers exchange their old cars for new Lynk & Co models.

MG Offers Maximum Discounts of 50 Million VND

In Vietnam, MG is the Chinese brand with the longest presence in the market. Their current lineup comprises sedans, SUVs, electric vehicles, and even a sports car.

Customers who purchase the MG5 and MG ZS in May will be offered a choice between a registration fee or physical insurance, with values ranging from 12 to 26 million VND, depending on the model and version.

For the New MG5 and the C-segment SUV MG HS, the promotion includes both the registration fee and physical insurance, totaling discounts between 25 million and 45 million VND.

The two electric vehicles that MG officially distributes in Vietnam, the MG4 EV and MG Cyberster, are also part of this month’s promotion.

This electric duo comes with physical insurance worth 20 million or 50 million VND, depending on the model, along with a complimentary 7 kW charger, free charging for 12 months, and a one-for-one battery warranty for seven years.