Vietnamese electric vehicle manufacturer VinFast has introduced its groundbreaking Residual Value Guarantee (RVG) Program to the Philippines — a first-of-its-kind initiative in the local EV industry that gives car buyers greater peace of mind with value protection of up to 90% of the vehicle’s original price.
Confidence in the Shift to Electric
Starting November 2025, all VinFast customers in the Philippines can take advantage of the RVG Program, which follows a fixed annual depreciation schedule. Under the plan, vehicles that meet eligibility and inspection criteria will be guaranteed at 90% of their original price after six months, 86% after one year, 78% after two years, and 70% after three years of ownership.
The program covers VinFast’s full EV lineup — from the compact VF 3 to the premium VF 9 — and is available to new buyers nationwide. It forms part of the brand’s broader effort to make the transition to electric mobility less daunting for Filipino consumers, assuring them that long-term ownership retains real value.
A Long-Term Commitment to Filipino EV Owners
VinFast Southeast Asia CEO Antonio “Toti” Zara III described the initiative as a major step toward mainstreaming EV ownership in the country:
“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.”
Beyond the RVG Program, VinFast has been steadily rolling out a series of customer-first policies designed to lower the barrier to EV adoption. These include a 10-year vehicle warranty, three years of free charging at stations operated by partner V-Green, flexible financing options, and 24/7 technical support and roadside assistance — all aimed at making electric mobility practical and sustainable for everyday Filipinos.
Expanding the EV Ecosystem
Since entering the Philippine market in 2024, VinFast has built a nationwide presence through an expanding dealership network, after-sales services, and collaborations with local partners for maintenance and support. The company currently operates 20 dealerships nationwide and expects to reach 30 locations by year-end.
This growing ecosystem ensures that EV owners have access to consistent service, parts availability, and professional support — crucial elements for a relatively new market still building its charging and service infrastructure.
Driving Toward a Sustainable Future
VinFast’s next phase focuses on expanding its distribution and service footprint in key urban and regional centers, while investing in local partnerships that strengthen the EV infrastructure ecosystem. The company’s ultimate goal: to make electric mobility a sustainable and accessible reality for every Filipino household.
With the Residual Value Guarantee Program, VinFast isn’t just selling vehicles — it’s selling trust. By giving buyers a clear sense of long-term value, the company is positioning itself as one of the most consumer-oriented players in the country’s fast-evolving EV landscape.
