VinFast, V-Green, Green GSM team up with BDO to advance electric mobility in PH

Manila, Philippines – VinFast Auto Philippines, V-Green Charging Station Development Philippines, and Green and Smart Mobility Philippines have entered a strategic partnership with BDO Unibank to support the expansion of electric vehicle use and infrastructure in the country.

The agreement, formalised through a memorandum of understanding signed on September 17, is intended to make electric vehicles more accessible to consumers and businesses while promoting a shift to cleaner energy.

Under the arrangement, VinFast Philippines, a subsidiary of Vietnam’s Vingroup JSC, will use BDO’s financial services—including cash management, consumer banking, leasing, and insurance—to create financing programs for retail and corporate customers.

“At VinFast, we view sustainable transportation as more than just a technological shift—it’s a commitment to future generations,” said Duong Thi Thu Trang, deputy CEO of global sales at VinFast. “Partnering with BDO, a trusted and forward-thinking financial institution, allows us to empower Filipinos with greater access to EVs while helping shape a smarter, greener, and more livable urban future.”

Meanwhile, V-Green plans to expand charging infrastructure, having secured approvals to install stations in four SM Supermalls, with additional sites planned at Alfamart outlets, schools, and other locations within the BDO–SM network.

“Charging infrastructure is essential for sustainable EV growth,” said Nguyen Thanh Duong, CEO of V-Green. “By partnering with BDO, we can fast-track the deployment of convenient and reliable charging solutions that make EV use more practical and scalable across the Philippines.”

Green GSM Philippines, which operates the nation’s first all-electric taxi fleet using VinFast vehicles, has integrated BDO’s digital banking platform to assist driver onboarding and fleet growth.

“Our mission is to deliver cleaner, safer, and more transparent public transport,” said Dao Quy Phi, CEO of Green GSM Philippines. “Our partnership with BDO strengthens our driver support and enables sustainable fleet expansion. It also lays the foundation to help the Philippines in reducing emissions and modernizing urban transportation.”

BDO said the collaboration supports the wider adoption of electric vehicles and green infrastructure.

“Our collaboration with VinFast, V-Green and Green GSM allows us to support the broader adoption of electric vehicles and the development of green infrastructure in the country. By providing the right financial solutions, we are enabling businesses to drive a future-ready transport sector,” said Charles M. Rodriguez, BDO Unibank’s Executive Vice President and Head of the Institutional Banking Group.

The partnership brings together EV manufacturing, charging station development, and electric taxi operations, with BDO’s financial backing and the SM Group’s retail network aimed at supporting the country’s long-term transportation and sustainability goals.