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

TORRAS Launches Ostand Q3 Rugg, an iPhone 17 Pro/Pro Max Case with Built-In Stand

TOKYO, JAPAN – Media OutReach Newswire – 24 September 2026 – Rakuso Mirai Co., Ltd., a provider of smartphone accessories and compact electronics, launched the "TORRAS Ostand Q3 Rugg" on August 14...

It Takes Youth to Build Bridges: 100 American Students Complete Immersive China Tour as Sino Group's Charitable Foundation Champions U.S.-China Exchanges Ahead of D.C. Summit

The students were excited to receive a personal reply from President Xi Jinping after sharing in a letter what their week in China had meant to them, reinforcing the Ng Teng Fong Charitable Foundat...

From a Disney stage to the Hong Kong Coliseum Hong Kong Disneyland Donates HK$1.8 Million to Po Leung Kuk to Nurture Young Dance Talent

"All our dreams can come true, if we have the courage to pursue them." – Walt Disney HONG KONG SAR – Media OutReach Newswire – 24 September 2026 – Following the International Day of Charity on S...

De Beers Group Showcases Desert diamonds at Jewellery & Gem WORLD Hong Kong

Building confidence in the natural diamond category with industry partners, guided by the Building Forever and diamond traceability strategiesHONG KONG SAR – Media OutReach Newswire – 24 September...

DHL Express and Singapore Airlines extend Boeing 777 freighter partnership

Under the renewed agreement, SIA pilots will continue to operate five Boeing 777 freighters based at Singapore Changi Airport for DHL Express SIA will also oversee the maintenance...

Hang Lung’s Mainland Portfolio to be 100% Powered by Renewable Energy

A New Benchmark for Renewable Energy in China's Commercial Real Estate HONG KONG SAR / SHANGHAI, CHINA – Media OutReach Newswire – 24 September 2026 – Hang Lung Properties Limited (SEHK...

Luno, Halogen Capital and Kenanga Investors explore Ringgit-pegged stablecoin for tokenised fund settlement

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 24 September 2026 – Malaysia's leading digital asset exchange, Luno Malaysia Sdn. Bhd. ("Luno") today announced a strategic collaboration with Ha...

Nanyang Interview: Exploring Opportunities in China’s Largest Free Trade Port — Financial Video Series Goes Live

HAIKOU, CHINA – Media OutReach Newswire – 24 September 2026 – Six months have passed since the Hainan Free Trade Port officially launched island-wide special customs operations on December 18, 202...

De Beers Group Unveils ‘You Shine So Bright’, A Short-Form Drama Recasting the Contemporary Allure of Natural Diamonds in Light and Shadow

Following the Desert diamonds Asian launch, natural diamonds open a further contemporary chapterBEIJING, CHINA – Media OutReach Newswire – 24 September 2026 – Carrying forward the afterglow of the...

KBTG Techtopia returns for its fourth year, exploring human value in the agentic AI era under the theme, "Human of Tomorrow"

BANGKOK, THAILAND - Media OutReach Newswire - 24 September 2026 - KASIKORN Business-Technology Group (KBTG) hosted the fourth edition of KBTG Techtopia under the theme, "Human of Tomorrow," provid...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

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...