“VinFast’s Rapid Rise: Capturing 25% of the Philippine Electric Vehicle Market and Expanding Showrooms”

In May 2024, VinFast Auto proudly announced its partnership with four leading dealers in the Philippines, marking a significant step towards establishing a robust retail network and solidifying its brand presence in this vibrant market.

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According to VinFast Auto Ltd.’s Q2 financial report, data from the Chamber of Automotive Manufacturers of the Philippines (CAMPI), the Truck Manufacturers Association (TMA), and internal company data show that VinFast electric vehicle sales in the Philippines accounted for approximately 25% of the country’s battery-electric vehicle market in the first half of 2025.

In late May 2024, VinFast Auto announced partnerships with its first four dealers in the Philippines: EV Solutions, K1 Prestige Bay Motors Inc., and Autoflare Corporation, based in Manila; and MNV Auto Group Inc., based in Iloilo City. With these partnerships, VinFast quickly established a retail network to solidify its brand presence in the market.

Just over a month later, in mid-July 2024, VinFast’s first three dealerships in the Philippines officially opened their doors: VinFast Aseana, VinFast EDSA, and VinFast Alabang.

At the Manila International Auto Show (MIAS) 2025 in April, VinFast announced six partners in the Philippine market: Autoflare, Xentro Motors, Kar Asia, Semicon Motors, EV Tech, and Toncars.

As per the agreement, Autoflare will inaugurate 20 VinFast showrooms this year, including 5 in Q2, 10 in Q3, and 5 in Q4.

Xentro Motors plans to develop at least 32 showrooms within their mall chain and open three 3S (sales, service, and spares) dealerships for VinFast this year.

Additionally, VinFast will collaborate with Kar Asia, Semicon Motors, EV Tech, and Toncars to open new showrooms.

This June, VinFast Philippines officially joined the Chamber of Automotive Manufacturers of the Philippines (CAMPI), marking a significant step in solidifying its position in the local market.

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