Modern Australian
The Times Real Estate

.

VinFast Receives 27,649 Pre-Orders for the VF 3 in Vietnam after 66 Hours of Accepting Deposits

HANOI, VIETNAM - Media OutReach Newswire - 16 May 2024 - VinFast Auto (Nasdaq: VFS) today announced that it received a record-breaking number of 27,649 non-refundable and non-transferable pre-orders for the mini-SUV VF 3 within 66 hours, setting a Vietnamese automotive record, demonstrating the impressive appeal of the VF 3 and its potential to become a "national car" in Vietnam.



VinFast VF 3 receives a record number of orders in the Vietnamese market
VinFast VF 3 receives a record number of orders in the Vietnamese market

In addition to record sales, the VF 3 became a social media phenomenon in Vietnam, topping trend rankings and sparking the most online discussions since VinFast opened pre-orders.

The VF 3's record-breaking pre-orders are credited by its special introductory price of only 235 million VND (approximately $9,248, battery subscription) and 315 million VND (approximately $12,390, battery included) for customers who placed deposits from May 13 to May 15. This is an ideal price point that makes it feasible for more consumers to own a vehicle and improve their quality of life at a reasonable cost.

For a down payment, customers only need between 50-70 million VND (approximately $1,965-$2,750). The remaining balance can be financed through affordable installments with a total monthly payment of just over 2 million VND (approximately $78.5) over 8 years. Notably, paying for the VF 3 in full upfront costs only half the price of the cheapest gasoline car model currently available in the Vietnamese market.

In addition to its attractive price, the record-breaking number of pre-orders can also be attributed to the innovative sales approach VinFast piloted for this model. For the first time in Vietnam, vehicles were sold on e-commerce platforms such as Shopee, VinID, and orders could be placed through 9 livestream sessions conducted by 15 influencers.

This revolutionary sales approach made the VF 3 the first vehicle in Vietnam to achieve over 50% of its total orders online, marking a momentous development in the online to offline business model and emphasizing VinFast's pioneering role in the Vietnamese automotive market.

In response to the strong support from customers, Ms. Duong Thi Thu Trang, CEO VinFast Vietnam, said: "The 27,649 pre-orders received within 66 hours is a testament to the strong support and trust of the Vietnamese people for VinFast. We are extremely grateful for our customers' endorsement for the VF 3 and our brand, and we will strive to continue to earn their support as we grow into a world-class Vietnamese automaker".

Similar to other VinFast electric vehicles, the VF 3 comes with the best warranty policy in the Vietnamese market, with a 7-year or 160,000 km warranty for the vehicle (whichever comes first) and an 8-year unlimited mileage warranty for the battery.

The first VF 3 cars are expected to be delivered to customers starting in August 2024, with at least 20,000 vehicles expected to be delivered this year.Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

About VinFast

VinFast – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.

Strongly committed to the mission of a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at:

Dating after separation - the do's and don't's

After a romantic split you move forward with plans for fresh dating relationships. The present moment brings excited feelings since you look toward ...

What to Look for in a Reliable Junk Removal Service

Choosing the right junk removal service can feel overwhelming, especially with so many options available. Every year, households and businesses genera...

The Benefits of Choosing Wholesale Packaging Supplies for Your Business

Quality packaging not only protects the product but also plays a key role in your branding, customer satisfaction, and cost management. One of the b...

Freight Shipping a Motorcycle: Avoid These Common Mistakes

Image by Ultimatetransport123 Shipping a motorcycle can be a relatively simple and smooth process. However, even the smallest error can result in d...

Large Bore Steel Pipes: Applications and Advantages in Industrial Projects

As the name implies, large bore steel pipes are massive, powerful tubes. By massive, we’re referring to their large diameters which typically star...

The Business Case for Installing EV Chargers at Service Stations: ROI and Future Trends

As Australia transitions to a net-zero future, the electric vehicle (EV) market is rapidly gathering momentum. With EV ownership in the country fo...

Wealth Without Boundaries: 5 Location-Independent Income Strategies

Photo: Mesut Kaya / Unsplash Many people dream of working from pristine beaches in Thailand, cosy cabins in the Alps, or the best coworking spaces Me...

High Visibility Work Shirts: A Must-Have for Workplace Safety

Workplace safety is a necessity. Workers from construction sites to manufacturing units should be visible for their well-being and they have it by w...

How to Prepare for Your Wedding Video Shoot: A Step-by-Step Guide

Your wedding video captures one of the most important days of your life, preserving precious memories and moments for years to come. To ensure the d...

Preparing for Debt Collection Amidst Economic Downturn in Australia

Economic downturns bring financial uncertainty, especially for Australian businesses reliant on consistent cash flow. The challenges multiply when c...

How to Enhance the Security of Your E-Commerce Site

In the digital age, e-commerce has become a vital part of the global economy, allowing businesses to reach customers far and wide. However, with thi...

Understanding Disability Service Providers: Roles and Responsibilities

Disability service providers are people who support individuals with disabilities. Their role is pretty simple: help people live their lives more in...

Top 10 Guest Posting and Content Agencies in Massachusetts for 2025

Digital marketing relies on SEO content creation and guest posting to get more people to see your website, increase search engine rankings, and establ...

Same Day Rubbish Removal: Convenience and Efficiency at Your Doorstep

In today’s fast-paced world, convenience is king. From on-demand food delivery to next-day shipping, modern living is all about getting what you n...

Optimising Workforce Efficiency: The Benefits and Implementation of Employee Scheduling Software

"Master workforce management with our guide on Employee Scheduling Software. Streamline tasks & increase efficiency seamlessly!" Employee sched...

Enhancing Road Safety with Technology and Apps

Road safety has always been a critical concern for individuals, organisations, and governments alike. With the rapid advancements in technology, a n...

Best Cleaning Methods and Tools for Solar Panels

Solar panels are a fantastic way to harness renewable energy, but keeping them clean is essential to maximise their efficiency. Dust, grime, bird dr...

The Benefits of Implementing a Uniform Policy

A well-thought-out uniform policy can be a game-changer for organisations of all types. Whether you run a corporate office, a retail store, or a tra...