In a landmark move aimed at boosting consumer confidence in electric vehicle ownership, VinFast has launched its Residual Value Guarantee (RVG) Program in the Philippines, offering buyers guaranteed vehicle value protection of up to 90 percent of the original price. The initiative marks one of the highest residual value commitments in the global EV market and reinforces VinFast’s long-term strategy to expand its presence in Southeast Asia.
Beginning November 2025, the RVG Program will apply across VinFast’s entire EV lineup—from the compact VF 3 to the flagship VF 9. Under the scheme, eligible vehicles will receive guaranteed value retention based on a fixed depreciation schedule: 90 percent after six months, 86 percent after one year, 78 percent after two years, and 70 percent after three years, subject to inspection and program criteria.
The company stated that the program is designed to reduce buyer hesitation around long-term EV ownership, particularly concerns over resale value. This initiative also complements VinFast’s existing customer support offerings in the Philippines, which include a 10-year vehicle warranty, three years of free charging through partner V-Green, 24-hour technical assistance, roadside support, and flexible financing options.
Mr. Antonio Zara, CEO of VinFast Southeast Asia, said the program is expected to make EV adoption significantly more reassuring for consumers. “With a residual value guarantee of up to 90% of the vehicle’s list price, VinFast aims to make EV ownership more accessible and confidence-driven. Combined with our comprehensive support programs, we believe electric vehicles will soon become a natural choice for Filipino households,” he said.
VinFast has completed more than one year in the Philippine market and continues to expand rapidly through an increasing network of authorized dealerships and service partners. The company currently operates numerous maintenance and service centers nationwide, providing standardized and convenient after-sales support.
Looking ahead, VinFast plans to widen its distribution footprint and strengthen its ecosystem of EV services in key Philippine cities. The expansion forms part of the brand’s broader global strategy to accelerate sustainable mobility and establish a strong foundation for long-term growth across Asia.
