VinFast has announced a new incentive program to encourage customers to shift from gasoline-powered vehicles to electric mobility across Vietnam, India, Indonesia, and the Philippines.
Under the upcoming “Trade Gas for Electric” program, customers who switch from older gasoline vehicles to new VinFast electric vehicles will receive an additional 3% discount on cars and 5% discount on VinFast electric scooters. These discounts will be offered in addition to the existing incentives available in each market.
The initiative will be implemented simultaneously across all four countries, as part of VinFast’s broader push to accelerate EV adoption in key Asian markets.
Alongside the vehicle incentives, GSM Green and Smart Mobility Joint Stock Company is preparing complementary programs within Vingroup’s green ecosystem. These include a 10% fare reduction for electric mobility services on the Xanh SM platform in Vietnam and Green SM in Indonesia. The fare discounts will run from March 11 to March 31, 2026, depending on the market.
The company said the initiative is designed to offer more cost-efficient and environmentally friendly transport options, particularly as global fuel prices remain volatile.
Related: VinFast Philippines extends free charging program until 2029
VinFast added that the program may be extended depending on international developments and future fuel price movements.
Duong Thi Thu Trang, Deputy CEO of Global Sales at VinFast, said the rollout reflects the company’s response to geopolitical factors affecting fuel costs and economic conditions in multiple countries. She added that, together with partners within Vingroup’s ecosystem, the program aims to help reduce fuel-related expenses while promoting more sustainable mobility.
The “Trade Gas for Electric” program will run alongside other incentives in each market. VinFast said these combined offers are intended to make EV ownership more accessible, reduce reliance on gasoline, and support efforts to lower emissions.
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