VinFast Signs Memorandum of Understanding (MoU) with Leading Indonesian Financial Partners to Accelerate Green Transition
This milestone marks a significant step in VinFast’s market expansion strategy in Indonesia, reinforcing its commitment to facilitate Southeast Asian consumers’ transition to electric vehicles (EVs).
The financial institutions and banks signing the MoU with VinFast include: PT Adira Dinamika Multi Finance Tbk, PT Bank Woori Saudara Indonesia, PT CIMB Niaga Auto Finance, PT Mandiri Tunas Finance, PT Maybank Indonesia Finance, and PT Sunindo Kookmin Best Finance.
Under this agreement, VinFast and its financial partners will strengthen strategic collaboration across multiple fronts, initially focusing on joint marketing and communication efforts. This partnership also aims to streamline operational processes, reducing credit application processing times and enhancing customer experience through seamless integration.
A key focus is eliminating financial barriers to EV adoption in Indonesia. Partners will develop tailored financing programs, offering competitive interest rates, low down payments, and expedited credit approvals. These initiatives are expected to significantly expand VinFast’s customer base and drive sales growth.
Notably, the agreement includes specialized financial packages for VinFast’s flexible ownership models: vehicle purchase with battery and battery subscription programs. This highlights the partners’ commitment to designing solutions tailored to diverse customer needs, from individuals to businesses.
Additionally, VinFast and its partners will explore integrating insurance products, extended warranties, and aftermarket financial services, creating a comprehensive ecosystem for VinFast customers.
Speaking at the signing ceremony, Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, stated: “VinFast is proud to partner with Indonesia’s leading financial institutions to deliver convenient, comprehensive, and customer-centric financial solutions. This initiative not only advances our business strategy but also embodies our ‘Customer-Centric’ philosophy, fostering green transition in our ‘second home’ market.”
Since entering Indonesia, VinFast has established itself as a market leader. The company is set to launch its Subang assembly plant, a strategic move to enhance local production capacity and meet growing market demand. VinFast has also introduced a diverse EV lineup, including the VF 3, VF 5, VF 6, VF e34, and VF 7, catering to urban mobility needs.
Furthermore, VinFast is expanding its dealership network, service centers, and banking partnerships, offering flexible sales policies, attractive aftersales services, and innovative financing options, such as battery subscription and guaranteed 90% resale value.
TH (Tuoitrethudo)
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