Global Charging Station Development Joint Stock Company (V-Green) and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) have partnered to provide specialized credit solutions to expand electric vehicle charging infrastructure in Vietnam.
Under this agreement, VietinBank will provide a 4 trillion VND credit package to charging station investors, especially V-Green's franchise partners. The support package is designed with preferential policies, optimizing access to capital and expanding investment opportunities.
 |
Mr. Duong Van Quan, Deputy General Director of VietinBank (right) and Mr. Nguyen Thanh Duong, General Director of V-Green at the signing ceremony. Photo: VG |
Mr. Duong Van Quan, Deputy General Director of VietinBank (right) and Mr. Nguyen Thanh Duong, General Director of V-Green at the signing ceremony. Photo: VG
Specifically, charging station investors can receive credit support of up to 70% of the total investment value, with a flexible loan term of up to 5 years. They can use charging stations or other types of assets as collateral. Accordingly, preferential interest rates start from 6.3% per year for corporate customers and 6.5% per year for individual customers, with a preferential period of up to 12 months.
Mr. Duong Van Quan, Deputy General Director of VietinBank, stated that sustainable development is the bank's core strategy. "The cooperation with V-Green demonstrates VietinBank's commitment to promoting the national transportation electrification journey," he said, adding that the bank wants to support investors in optimizing capital resources, contributing to the country's green transition.
 |
A VinFast electric vehicle charging station in Hanoi. Photo: Quang Anh |
A VinFast electric vehicle charging station in Hanoi. Photo: Quang Anh
Mr. Nguyen Thanh Duong, General Director of V-Green, shared that the cooperation with VietinBank is an important milestone in the company's expansion strategy. He expects this partnership will contribute to making Vietnam a leading country in electric vehicles in the region.
The combination of VietinBank and V-Green promises to open up new business investment directions for people, with easier access to capital than before. Currently, V-Green is the enterprise with the largest electric vehicle charging station infrastructure in Vietnam.
Quang Anh
