Representatives of the three companies pose for a photo during the signing ceremony for a strategic cooperation agreement. — Photo courtesy of VinFast

Vietnamese automaker VinFast, Cake by VPBank, and Viettel Digital Services Corporation (VDS) have entered into a strategic cooperation agreement to provide consumer solutions to customers.

Under this agreement, Viettel Money customers will have access to digital banking services provided by Cake. Specifically, Cake will support installment loans with preferential interest rates for customers to purchase VinFast electric motorbikes. The loan registration and approval process can be completed entirely online, without the need to visit a bank branch.

The partnership between Cake and VDS has already enabled Viettel Money users to access term savings and consumer loans through Cake's services. This collaboration has been convenient, safe, and well-received by Viettel customers.

VinFast, within a short period of time, has gained the trust of consumers and achieved remarkable revenue in the online retail market. Its presence on the Viettel Money platform will offer customers an additional shopping solution with quality products, reasonable prices and competitive after-sales service. This accessibility will benefit a wide range of customers who are looking for electric motorbikes.

Overall, this strategic cooperation agreement leverages the resources, technology, and strengths of all three parties involved to deliver the best and most cost-effective consumer solutions to customers. It combines the convenience of digital banking services with the quality products and competitive advantages of VinFast electric motorbikes, creating a comprehensive and accessible shopping experience. — VNS