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MANILA, Philippines – VinFast Auto (Nasdaq: VFS) today announced that it will officially enter the Philippine electric vehicle market in late May 2024 with its diverse and smart green mobility solutions. This debut strongly affirms VinFast's commitment to being a leader in Southeast Asian markets and its mission to advance the electrification of transportation worldwide.
As part of its global growth strategy, VinFast has invested in numerous markets including the US, Canada, Europe and, more recently, Indonesia, India and Thailand. The Philippines marks another milestone for VinFast in its Southeast Asian expansion strategy, especially 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 a greener and more sustainable transportation infrastructure.
VinFast will introduce Filipino customers to its extensive range of high-end electric vehicles, electric motorcycles and electric bicycles with modern, youthful designs and smart features, giving them diverse offerings and high-quality electrified experiences.
As in other markets, VinFast will offer Filipino customers access to its exceptional after-sales services and attractive sales policies. The company plans to set up a nationwide network of dealers in the country, to facilitate a rapid transition from petrol vehicles to electric vehicles. vehicles.
Ms. Nguyen Thi Minh Ngoc, CEO of VinFast Philippines, said: “The brand launch in the Philippines marks another important 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 to 2 for the public. During the event, guests can 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 bicycle. Participants will also have the opportunity to register for test rides with the VF e34, VF 5 and the VF DrgnFly electric bicycle.
In January 2024, Philippine President Ferdinand Romualdez Marcos Jr. and Vingroup Chairman and VinFast Founder, Managing Director and CEO Pham Nhat Vuong an official meeting to discuss investment cooperation opportunities.
About VinFast
VinFast – member of Vingroup – wanted to stimulate the movement of the global revolution in smart electric vehicles. Founded in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with scalability and up to 90% automation in Hai Phong, Vietnam.
Strongly committed to the mission for a sustainable future for all, VinFast continuously innovates to deliver high-quality products, advanced smart services, seamless customer experiences and pricing strategies for all to inspire global customers to jointly create a future of smart mobility and a sustainable future to create. planet. More information at: https://vinfastauto.ph/
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