According to VinFast, this marks the largest incentive program for electric motorbikes since the brand's inception, boasting a total prize value of 27.5 billion VND. Specifically, every buyer of the company's electric motorbikes or electric bicycles will receive one lucky draw entry, with a total of 1,003 prizes to be awarded.

VinFast Feliz 2025 electric motorbike integrates two batteries, offering a travel range of 262 km after a full charge. Photo: Tuan Vu.

The three electric cars included in this program are the VF 7 Eco (799 million VND), VF 5 Plus (529 million VND), and VF 3 (299 million VND), alongside 1,000 Feliz Lite electric motorbikes (25.9 million VND each). Each vehicle purchase invoice grants one lucky draw entry. VinFast will announce the winners online on its website.

Vietnam's electric motorbike market currently ranks as the third largest globally by sales volume and leads the Southeast Asian region. Statistics from Motorcycles Data indicate that the entire Vietnamese market consumed approximately 2.08 million two-wheelers in the first eight months of 2025, marking a 15.2% increase from the same period last year. Notably, public demand for electric motorbikes has surged, with models under 4 kW (not requiring a driver's license) seeing an 89% increase and models over 4 kW (requiring a driver's license) rising by 197%. VinFast's electric motorbike segment alone experienced more than a 5-fold increase, corresponding to a 447% rise compared to the same period in 2024.

Hanoi residents attending an event to exchange old gasoline vehicles for new electric motorbikes. Photo: Tuan Vu.

This incentive program aims to encourage users to transition from gasoline vehicles to electric vehicles, particularly during the year-end shopping season. Hoang Ha, Global Deputy General Director of Business and Marketing for VinFast electric motorbikes, and General Director of VinFast electric motorbikes, Vietnam Market, stated, "Each electric motorbike sold will reduce an emission source from gasoline vehicles, helping to popularize green, environmentally friendly transportation. User support will help VinFast continue to research and develop better products and services, meeting market demands."

In addition to this program, the Vietnamese electric vehicle company is offering a 10% discount on vehicle prices and supporting registration fees equivalent to 2% of the vehicle's price. VinFast's banking and financial partners also provide loan support for up to 90% of the vehicle price, enabling users to acquire a vehicle with zero upfront capital. Furthermore, V-Green's electric vehicle charging stations are open for free use until 31/5/2027.

VinFast electric motorbike models at an event. Photo: Tuan Vu.

VinFast is currently deploying nearly 500 nationwide exchange points for gasoline vehicles to electric vehicles, utilizing its national dealership system until the end of this year. Besides models supporting one and two batteries, the company will soon launch models with swappable batteries.

Quang Anh