Business Daily Media

The Times


.

VinFast launches residual value guarantee program in the Philippines, offering value protection up to 90 percent

MANILA, PHILIPPINES - Media OutReach Newswire - 12 November 2025 - VinFast has announced its Residual Value Guarantee (RVG) Program for the Philippine market, under which the company provides a guaranteed vehicle value of up to 90 percent of the original price.

This pioneering policy provides customers greater peace of mind when transitioning to electric vehicles, accelerates the broader shift toward green mobility, and reaffirms VinFast's long-term commitment to the Philippine market.

Photo (7).jpg

To strengthen customer confidence in the long-term value of electric vehicles, starting in November 2025 VinFast will apply a guaranteed residual value plan based on a fixed annual depreciation schedule. After the vehicle is inspected and confirmed to meet eligibility criteria, the maximum guaranteed residual values are set at 90 percent after six months of use, 86 percent after one year, 78 percent after two years, and 70 percent after three years.

The RVG Program applies to VinFast's entire product lineup in the Philippines, from the VF 3 to the VF 9, and is available to new customers. The program is the latest in a series of customer-centric solutions VinFast is implementing in the Philippines to facilitate the transition to electric vehicles. Earlier initiatives include a vehicle warranty of up to 10 years, three years of free charging at stations operated by strategic partner V-Green, flexible financing options, and 24-hour technical support and roadside assistance.

Mr. Antonio Zara, CEO of VinFast Southeast Asia, stated: "With a residual value guarantee of up to 90% of the vehicle's list price, VinFast aims to make EV ownership more accessible and reassuring for Filipino consumers. When combined with our other support programs, we believe electric vehicles will soon become a natural and reliable choice for households and individual users across the Philippines. This program reflects our long-term commitment to the market and reinforces our strong belief in the quality of our products."

After more than a year in the Philippine market, VinFast has steadily strengthened its presence with a diverse EV portfolio, flexible sales policies, and dedicated after-sales services. Alongside its growing network of authorized dealerships, VinFast collaborates with leading local partners to operate a wide network of maintenance service centers, providing customers with convenient and consistent service nationwide.

In the next phase, VinFast will continue to expand its distribution and service network in key locations in the Philippines, further developing a comprehensive EV ecosystem centered on sustainable mobility. This reinforces the company's long-term commitment to Filipino consumers and lays the foundation for sustainable growth moving forward.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at:

News from Asia

Innovative Health Management Platform LIVE4WELL’s "Purple Wellness Day" Concludes Successfully

Causeway Bay Pilot Spearheads Citywide Preventive Healthcare, Echoing Primary Healthcare AgendaHONG KONG SAR – Media OutReach Newswire – 10 August 2026 – Faced with the dual challenges of a steady...

National Fitness Lights Up the "Dual Olympic City": The 17th Beijing Sports Games Open

BEIJING, CHINA – Media OutReach Newswire – 10 August 2026 – On August 8, China's 18th National Fitness Day, the opening ceremony of the 17th Beijing Sports Games was held at the National Indoor St...

V-Green and HKR partner to develop large-scale EV Charging Hub, expanding Indonesia's green transport infrastructure

JAKARTA, INDONESIA - Media OutReach Newswire - 10 August 2026 - V-Green Indonesia and PT HK Realtindo (HKR) have signed a strategic cooperation agreement to develop an integrated EV Charging Hub i...

Photo Feature: Global Media Explore Hainan Free Trade Port, Unlocking the New Vitality of the "Ocean Economy"

HAIKOU, CHINA – Media OutReach Newswire – 10 August 2026 – A delegation of journalists from nine major overseas media outlets, including the United States, France, Türkiye, Spain, and the Republic...

"Boundless Creativity, Connecting Youth" China–Indonesia Youth Cultural Exchange Series Held in Jakarta

JAKARTA, INDONESIA - Media OutReach Newswire - 10 August 2026 - On August 6, the "Boundless Creativity, Connecting Youth" China–Indonesia Youth Cultural Exchange Series was held in Jakarta, Indone...

Expanding Horizons: Uzbekistani Student Dulatkhan Charts His Future at CUHK

HONG KONG SAR - Media OutReach Newswire - 7 August 2026 - As global higher education evolves rapidly, Central Asian students are increasingly looking beyond traditional Western destinations. For D...

Hang Lung Group and Hang Lung Properties Appoint New Chief Executive Officer

HONG KONG SAR – Media OutReach Newswire – 7 August 2026 – Hang Lung Group Limited (SEHK Stock Code: 00010) and Hang Lung Properties Limited (SEHK Stock Code: 00101) (collectively referred to as "H...

CIID Hong Kong Center Established: Andrew Lam, Founder of am PLUS DESIGNS, Appointed Vice Chairman

Mentored by Industry Masters and Winner of the iF Design Award, Andrew Unlocks a New Paradigm for High-Net-Worth Residential and Diverse Commercial Spaces from an Eastern Aesthetic PerspectiveHONG ...

Sentosa GrillFest 2026 Returns with Its Largest Line-Up Yet: 42 Food Vendors, First-Ever Omakase-Inspired Beachfront Dining and Returning Crowd Favourites

Debut of Chef's Grill, an air-conditioned omakase-inspired eight-course dining experience co-curated with the Singapore Chefs' Association Longstanding fan favourites Craf...

Vinhomes advances urban development platform amid global shift toward nature-positive investment

HANOI, VIETNAM - Media OutReach Newswire - 7 August 2026 - As global institutional capital increasingly redefines value creation in real estate, Vinhomes, Vietnam's largest listed real estate deve...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...