Mirae Asset Finance Partners VinFast to Boost Green Auto Lending in Vietnam
This Aveluro analysis covers VFS. The classified event type is strategic partnership, with positive sentiment and a deterministic market-impact score of 5.0/10. Aveluro classifies this story as a positive catalyst in the stock's news coverage. Source coverage came from CafeF - Tài chính ngân hàng, classified as a primary/top-tier source.
Key Facts
Caveat: Not investment advice. · How Aveluro computed this: Aveluro combines extracted event facts, source credibility, ticker context, and market data. Scores are deterministic research signals, not recommendations.
Follow this event and trade Vietnam stocks
Use the broker guide to compare Vietnam market access before acting on this news.
Aveluro may earn a commission from broker partners. Market data and broker availability can change; confirm access before opening an account.
Overview
Mirae Asset Finance Company (Vietnam) and VinFast have launched a nationwide partnership from late February 2026 to provide competitive green financing solutions for electric vehicle buyers. The collaboration offers loan rates starting at 8.7% and up to 100% financing for certain models, aiming to accelerate EV adoption in Vietnam.
Key Facts
- Partnership launched nationwide from late February 2026.
- Loan rates: 8.7% fixed for 18 months or 9.2% fixed for 24 months.
- Up to 100% loan-to-value for VF3 and Minio Green models; up to 90% for other models.
- Maximum loan term of 96 months, loan limit up to VND 15 billion.
- No requirement for loan insurance or life insurance.
- Processing time as fast as 4 working hours for salaried customers.
- Solutions also tailored for micro, small, medium, and large enterprises.
What Happened
Mirae Asset Finance (Vietnam) and VinFast announced a nationwide cooperation to offer competitive financial packages for customers purchasing VinFast electric vehicles. According to market sources, VinFast maintained its leading position in the domestic EV market in 2025 with strong delivery growth. The partnership aligns with Vietnam’s green transport policy direction from the Ministry of Industry and Trade.
A representative of Mirae Asset Finance stated that the collaboration aims to expand auto loan offerings and promote green finance, increasing access to green credit. The company expects to accompany the green transition trend in Vietnam. The program includes competitive interest rates, high loan-to-value ratios, and simplified procedures.
Market Context
VinFast (VFS, listed on Nasdaq) closed at USD 13.20 on May 22, 2026, up 0.76% with volume of 1.56 million shares. The partnership comes as Vietnam’s EV market grows, supported by government policies and expanding charging infrastructure. Mirae Asset Finance’s entry into green auto lending could intensify competition among lenders and make VinFast vehicles more accessible to retail and corporate buyers.
Strategic Significance
For VinFast, the partnership broadens financing options for customers, potentially lowering the purchase barrier and supporting domestic sales volume. For Mirae Asset Finance, it marks a strategic push into green finance, a growing segment aligned with Vietnam’s sustainability goals. The collaboration could strengthen VinFast’s market position against traditional ICE vehicles and other EV competitors by offering more attractive financing terms.
What to Watch
- VinFast’s monthly domestic delivery numbers in Q1 2026 to gauge impact on sales.
- Any similar financing partnerships from competitors (e.g., other banks or finance companies).
- Updates on Vietnam’s green transport policy incentives (e.g., registration fee reductions).
- Mirae Asset Finance’s expansion of digital and green finance solutions as stated.
- VinFast’s Q1 2026 earnings report for commentary on financing-driven demand.