VinFast has introduced a Residual Value Guarantee (RVG) Program in the Philippines, offering customers a guaranteed vehicle value of up to 90 percent of the original price. The program is designed to encourage consumers to transition to electric vehicles by providing assurance about the long-term value of their purchase.
Starting in November 2025, VinFast will implement a fixed annual depreciation schedule for its vehicles. Under this plan, after inspection and confirmation that eligibility criteria are met, customers can expect maximum guaranteed residual values at specific intervals: 90 percent after six months, 86 percent after one year, 78 percent after two years, and 70 percent after three years.
The RVG Program covers all VinFast models available in the Philippines, from the VF 3 to the VF 9. It is open to new customers and complements other customer-focused initiatives offered by VinFast in the country. These include a warranty period of up to ten years, three years of complimentary charging at V-Green stations through partnership arrangements, flexible financing options, as well as round-the-clock technical support and roadside assistance.
Antonio Zara, CEO of VinFast Southeast Asia, said: “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.”
Since entering the Philippine market over a year ago, VinFast has expanded its presence with an array of electric vehicles and various sales policies tailored for local consumers. The company works with authorized dealerships and local partners to maintain an extensive network of service centers nationwide.
Looking ahead, VinFast plans further expansion of its distribution and service networks across key areas in the Philippines as part of efforts to build an integrated ecosystem focused on sustainable mobility.
VinFast is part of Vingroup JSC—one of Vietnam’s largest conglomerates—and operates as an electric vehicle manufacturer listed on NASDAQ under ticker symbol VFS. Its current product range includes electric SUVs, e-scooters, and e-buses. The company continues global expansion by growing its dealership network and manufacturing capabilities in markets such as North America, Europe, the Middle East, and Asia.
More information about VinFast’s activities in the Philippines can be found at https://vinfastauto.ph/.
