VinFast has taken a major leap in its Southeast Asian expansion plans by signing multiple Memoranda of Understanding (MoUs) with Indonesia’s leading banks and finance companies to boost the country’s green mobility transition.
The agreements were finalized with top institutions including PT Adira Dinamika Multi Finance Tbk, PT Bank Woori Saudara Indonesia, PT CIMB Niaga Auto Finance, PT Mandiri Tunas Finance, PT Maybank Indonesia Finance, and PT Sunindo Kookmin Best Finance.
The partnerships aim to make electric vehicle (EV) ownership more accessible for Indonesian consumers through streamlined financing and customized loan products.
Accessible and Faster EV Financing
Under the MoUs, VinFast and its financial partners will collaborate on joint marketing and create standardized operational processes. This includes improved credit assessment systems designed to reduce approval times and ensure a smoother customer experience.
A key component of the partnership is the development of attractive EV loan schemes featuring competitive interest rates, low down payments, and quick credit processing. These financial innovations are expected to significantly expand VinFast’s customer base and stimulate EV adoption in one of Asia’s fastest-growing automotive markets.
Flexible EV Ownership Models
The financial partners will also support VinFast’s two unique ownership models:
- Battery-Included Plan
- Battery Subscription Plan
Customized financial products for both plans will be created to cater to a wide range of buyers—from individual customers to corporate fleets—further easing Indonesia’s transition to sustainable mobility.
Building a Comprehensive EV Ecosystem
Beyond financing, the partnership will explore integration of automotive insurance, extended warranties, and financial aftersales services, creating an end-to-end ecosystem for EV users.
Speaking at the ceremony, Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, said the collaborations strengthen the company’s customer-first approach.
“We are honored to work with Indonesia’s most reputable financial institutions to deliver convenient, competitive, and comprehensive solutions. This partnership reflects our commitment to accelerating the country’s green transition in our ‘second home market’,” he said.
Strengthening Local Presence
VinFast, which is preparing to launch operations at its upcoming Subang assembly plant, has rapidly positioned itself as a key EV player in Indonesia. The company has introduced a wide range of smart electric models—from compact EVs like VF 3, VF 5, VF 6, VF e34 to mid-size options like VF 7—targeting varied urban mobility needs.
Alongside its product expansion, VinFast continues to grow its network of dealerships, service centers, and financial partners, supported by flexible sales programs and a pioneering 90% resale value guarantee.
