Pham Sanh Chau, CEO of Vinfast Asia, and Akhilesh Kumar Roy, business main car sessions, inventory financing and two-wheeler loans, HDFC Bank | Photocredit: delivered
Vinfast Auto India, a subsidiary of Global EV Brand Vinfast, has signed a Memorandum of Understanding (MOU) with HDFC Bank, to offer car and inventory financing for its exclusive dealer network. The partnership, the first of Vinfast with a banking institution in India, is intended to offer a seamless series of credit solutions.
With the collaboration, VinFast can use the extensive Pan-India Branch Network and digital platforms from HDFC Bank to reach customers on both urban and emerging markets. It also corresponds to the broader goal of the company to accelerate the acceptance of sustainable transport solutions in India, one of the fastest growing EV markets worldwide.
De Mou was signed by Pham Sanh Chau, CEO of Vinfast Asia, and Akhilesh Kumar Roy, business main car sessions, inventory financing and two-wheeler loans, HDFC Bank, says a release.
While Vinfast is committed to the launch of its VF 6 and VF 7 models, this partnership emphasizes the continuous efforts of the company to establish a strong and customer-oriented footprint in India, according to the release.
The Vietnamese car manufacturer recently inaugurated his factory in the port city of Thoothukudi. Pre -books for vehicles made in the factory start on July 27 and the delivery of the cars will be expected soon.
Published on August 11, 2025
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