The Times Australia
Google AI
News From Asia

.

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:

Times Magazine

Freak Weather Spikes ‘Allergic Disease’ and Eczema As Temperatures Dip

“Allergic disease” and eczema cases are spiking due to the current freak weather as the Bureau o...

IPECS Phone System in 2026: The Future of Smart Business Communication

By 2026, business communication is no longer just about making and receiving calls. It’s about speed...

With Nvidia’s second-best AI chips headed for China, the US shifts priorities from security to trade

This week, US President Donald Trump approved previously banned exports[1] of Nvidia’s powerful ...

Navman MiVue™ True 4K PRO Surround honest review

If you drive a car, you should have a dashcam. Need convincing? All I ask that you do is search fo...

Australia’s supercomputers are falling behind – and it’s hurting our ability to adapt to climate change

As Earth continues to warm, Australia faces some important decisions. For example, where shou...

Australia’s electric vehicle surge — EVs and hybrids hit record levels

Australians are increasingly embracing electric and hybrid cars, with 2025 shaping up as the str...

The Times Features

How to beat the post-holiday blues

As the summer holidays come to an end, many Aussies will be dreading their return to work and st...

One Nation surges above Coalition in Newspoll as Labor still well ahead, in contrast with other polls

The aftermath of the Bondi terror attacks has brought about a shift in polling for the Albanese ...

The Fears Australians Have About Getting Involved With Cryptocurrency

Cryptocurrency is no longer a fringe topic. It is discussed in boardrooms, on trading apps, and at...

The Quintessential Australian Road Trip

Mallacoota to Coolangatta — places to stay and things to see There are few journeys that captur...

Fitstop Just Got a New Look - And It’s All About Power, Progress and Feeling Strong

Fitstop has unveiled a bold new brand look designed to match how its members actually train: strong...

What We Know About Zenless Zone Zero 2.6 So Far

Zenless Zone Zero is currently enjoying its 2.5 version update with new characters like Ye Shunguang...

For Young People, Life Is an All-New Adventure. For Older People, Memories of Good Times and Lost Friends Come to Mind

Life does not stand still. It moves forward relentlessly, but it does not move the same way for ...

Single and Ready to Mingle – the Coffee Trend Australians Can Expect in 2026

Single-origin coffee is expected to increase in popularity among coffee drinkers over the next 12 ...

The Evolution of Retail: From Bricks and Mortar to Online — What’s Next?

Retail has always been a mirror of society. As populations grew, cities formed, technology advan...