VINFAST INDIA PARTNERS WITH FEDERAL BANK TO STRENGTHEN DEALER FINANCING ECOSYSTEM

VinFast India, the Indian subsidiary of global electric vehicle manufacturer VinFast, has signed a Memorandum of Understanding (MOU) with Federal Bank, one of India’s leading private sector banks, to provide tailored inventory financing solutions for its authorised dealer network. The partnership marks another important step in VinFast’s strategy to build a comprehensive ecosystem in India, empowering dealers with greater financial flexibility, enhancing operational efficiency, and enabling them to grow alongside the Company as it continues expanding its nationwide distribution network.

Under the partnership, Federal Bank will offer customized inventory financing solutions that enable VinFast dealers to optimize working capital, maintain healthy vehicle inventory, and respond efficiently to growing customer demand. The financing solutions are designed to strengthen dealers’ operational capabilities while supporting VinFast’s continued network expansion across India.

By combining Federal Bank’s financial strength and nationwide reach with VinFast’s rapidly expanding dealer network, the collaboration aims to build a stronger, more resilient retail foundation to support the Company’s long-term growth in one of the world’s fastest-growing electric vehicle markets.

Photo caption: Mr. Tapan Ghosh (left), CEO of VinFast Asia, and Ms. Kumkum Jain, Additional SVP, The Federal Bank Limited, at the signing ceremony.

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