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VinFast has strategic cooperation with Cake By VPBank and Viettel Money, supporting customers to buy electric motorbikes on installments at preferential prices.

Báo An ninh Thủ đôBáo An ninh Thủ đô05/10/2023


ANTD.VN - On October 4, 2023 in Hanoi, electric motorbike company VinFast, digital bank Cake by VPBank and Viettel Digital Services Corporation (VDS) - the unit researching and implementing the entire Viettel Money digital financial ecosystem signed a strategic cooperation agreement. Cooperation between the three parties helps optimize the resources, technology and strengths of the parties, bringing customers the best, most effective and cost-saving consumer solutions.

According to the strategic cooperation agreement, Viettel Money customers will be supported by Cake Digital Bank to quickly purchase VinFast electric motorbikes with preferential interest rates. The entire loan registration procedure and receiving approval results are done completely online in just a few minutes, without having to go to a bank branch.

Cake Digital Bank's financial services are familiar to Viettel Money customers. Previously, through comprehensive cooperation between Cake and VDS from September 2022, Viettel Money users were able to make term deposits and consumer loans from Cake with just a few simple, convenient and safe steps.

In just a short time participating in the online retail market, VinFast has gained the trust of consumers and recorded impressive revenue, contributing to the leading position of VinFast electric motorbikes in the market. The presence of the Vietnamese electric motorbike company on the Viettel Money platform will bring another shopping solution to customers through good quality products, reasonable prices, after-sales service with high competitive advantages, easy to access to the majority of customers.

The collaboration between Cake, VinFast and Viettel Money this time aims to promote access to digital finance, break down all gaps, and make “digital” safe and simple for all people across the country. In particular, the cooperation and connection between the three leading enterprises in the field of digital transformation in Vietnam also contributes to spreading the green living trend and popularizing the habit of using electric vehicles to the community. This is a generation of vehicles that have no smell of gasoline, no engine noise, are good for users’ health and are environmentally friendly.

Mr. Nguyen Huu Quang - General Director of Cake by VPBank Digital Bank said: "The integration of installment loan service to buy electric motorbikes between Cake - VinFast and Viettel aims to build a close cooperative relationship in the Vietnamese business community. We are committed to providing comprehensive digital financial services, ensuring that our customers can enjoy superior, modern financial solutions at the most optimal cost."

Ms. Ho Thanh Huong, General Director of VinFast Vietnam Market, said: “The strategic cooperation agreement with Viettel Money and Cake will help VinFast customers proactively choose financial solutions that suit their conditions and personal needs. In addition, the company is also committed to providing high-quality, safe, durable, and easy-to-use products, which are new factors that change users’ travel habits, towards a sustainable future for all Vietnamese people.”

Mr. Le Van Dai, General Director of Viettel Digital Services Company shared : “The cooperation between Viettel Money, digital bank Cake by VPBank and electric vehicle company VinFast not only brings great value to customers of the ecosystem, but also contributes to spreading the green living trend and popularizing the habit of using electric vehicles. This is the premise to promote a generation of vehicles that do not smell of gasoline, do not make engine noise, are good for users' health and are environmentally friendly. It can be said that through this comprehensive cooperation, Viettel Money demonstrates its determination to develop superior digital financial solutions for customers, anticipate the trend of technology shift to suit the times and contribute to realizing the goals of the national financial strategy”.

The market for electric motorbikes in particular and clean energy vehicles in general in Vietnam is currently showing great potential for development, after the Government set a target of zero net emissions by 2050. According to data from the Ministry of Industry and Trade, sales of electric motorbikes in Vietnam have increased by about 30-35% in recent years, making Vietnam the largest electric motorbike market in ASEAN and the second largest in the world, after China.

The cooperation agreement between VinFast, Viettel Money and Cake by VPBank will further promote the green transformation trend, making a practical contribution to the country's common goals.



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