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VinFast is preparing to launch its VF 6 and VF 7 models in India, as part of its push to establish a strong, customer-centric presence in the country.VinFast Auto India, the local arm of global electric vehicle (EV) manufacturer, on Monday signed a Memorandum of Understanding (MoU) with HDFC Bank to provide auto and inventory financing for its exclusive dealer network.
According to the official press release, the agreement marks the company’s first tie-up with a banking institution in India and comes ahead of its much-anticipated market debut.
Under the partnership, VinFast will leverage HDFC Bank’s extensive nationwide branch network and digital platforms to extend credit solutions to customers and dealers across both metropolitan and emerging markets. The move supports the company’s broader strategy to drive adoption of sustainable mobility solutions in one of the world’s fastest-growing EV markets.
The MoU was signed by Pham Sanh Chau, CEO of VinFast Asia, and Akhilesh Kumar Roy, Business Head – Auto Loans, Inventory Finance, and Two-Wheeler Loans, HDFC Bank.
“This MoU marks a significant milestone in making electric mobility more inclusive, convenient, and future-ready for Indian consumers,” said Chau.
Arvind Vohra, Group Head – Retail Assets, HDFC Bank, noted that financing will play a critical role in accelerating EV adoption. “The MoU with VinFast will enable customers to access its well-known product range through flexible financing options,” he said.
VinFast is preparing to launch its VF 6 and VF 7 models in India, as part of its push to establish a strong, customer-centric presence in the country.
