VinFast's VF8 and VF9 models. — Photo of the company

Vietnam automaker VinFast and FGF Trading and Service JSC have launched an initiative to encourage petrol car owners to transition to electric vehicles.

The 'Trade in - Exchange for New' starts on November 1, 2024.

FGF will facilitate the resale of old petrol cars at fair market rates with quick, straightforward procedures, enabling owners to enjoy up to VNĐ120 million (US$4,705) in incentives when purchasing VinFast VF 7, VF 8, or VF 9 models.

This initiative supports the 'Strong Vietnamese Spirit - For a Green Future' campaign, which VinFast and its partners are promoting to drive eco-friendly transportation across the nation.

FGF's network of 50 reputable used-car partners, set to grow to 120 by the end of the year, makes car resale convenient and flexible. Valuation experts ensure customers receive optimal value, and FGF directly coordinates payments with VinFast, simplifying the process.

Customers who have owned cars of any brand for at least three months can participate, supporting Việt Nam’s shift toward a greener, more sustainable future. — VNS