MANILA, Philippines (Mar 2026) — With fuel prices swinging unpredictably, VinFast is making a direct pitch to Filipino motorists: trade your gas vehicle for an electric one and get a little extra off the price.
Vingroup is rolling out a “Trade Gas for Electric” program across four markets — Vietnam, India, Indonesia, and the Philippines — offering additional discounts on top of existing incentives for customers who make the switch to electric mobility.
Under the program, customers who trade in an old gasoline vehicle for a new VinFast electric car can receive an additional 3% discount. Those switching to a VinFast electric scooter get an even bigger bump, with an additional 5% discount on top of whatever promos are already in place in the local market.
The program sits within a broader push by Vingroup to accelerate EV adoption across Southeast Asia during a period of fuel price uncertainty. GSM Green and Smart Mobility, another company within the Vingroup ecosystem, is running a complementary initiative that includes a 10% fare reduction on electric mobility services through its Xanh SM platform in Vietnam and Green SM in Indonesia, running from March 11 to 31, 2026.
“As one of the pioneering manufacturers leading the global electric vehicle revolution, VinFast aims to help reduce the impact of fuel prices on people’s daily lives while lowering environmental pollution through smarter, more sustainable, and more cost-efficient mobility solutions,” said Duong Thi Thu Trang, Deputy CEO of Global Sales at VinFast.
The program may be extended depending on how global fuel prices move in the coming weeks. Full details on participating models and eligibility in the Philippines are expected to be announced through official VinFast Philippines channels.
