Amid ongoing volatility in global fuel prices, Vingroup has launched a special “Trade Gas for Electric” program across Vietnam, India, Indonesia, and the Philippines. The initiative aims to encourage the transition to electric mobility by offering additional incentives to customers switching from gasoline-powered vehicles.
Under the program, customers who replace their old gasoline vehicles with new electric vehicles from VinFast will receive an extra 3% discount on VinFast cars and 5% discount on VinFast electric scooters, in addition to existing promotional benefits.
At the same time, fares for services operated by Xanh SM will be reduced by 10% between March 11 and March 31, 2026, depending on market conditions in each country.
The “Trade Gas for Electric” program will be implemented across the four markets—Vietnam, India, Indonesia, and the Philippines—supporting the adoption of electric mobility and providing cost benefits to customers during a period of rising fuel prices.
In line with VinFast’s pioneering spirit, GSM Green and Smart Mobility Joint Stock Company has also announced an immediate 10% reduction in fares for electric mobility services on the Xanh SM platform in Vietnam and Green SM in Indonesia from March 11 to March 31, 2026. This initiative offers customers a more environmentally-friendly and cost-effective transportation option.
The program may be extended depending on international developments and future fuel price movements.
Ms. Duong Thi Thu Trang, Deputy CEO of Global Sales, VinFast, stated: “The special ‘Trade Gas for Electric’ program launched in March across four key markets is VinFast’s timely response to geopolitical volatility that is affecting socio-economic conditions in many countries around the world. As one of the pioneering manufacturers leading the global electric vehicle revolution, VinFast together with companies in Vingroup’s green ecosystem aims to help reduce the impact of fuel prices on people’s daily lives while also lowering environmental pollution through smarter, more sustainable, and more cost-efficient mobility solutions.”
The special “Trade Gas for Electric” program will be implemented in parallel with and combined with other available incentive programs in each market. Through layered incentives, Vingroup and companies within its ecosystem aim to create favorable conditions for customers to transition quickly to electric vehicles, reduce dependence on gasoline, stabilize daily life, and contribute to building a cleaner and more civilized living environment.
