Impressive revenue thanks to Vinfast electric vehicle business

Vân Hoa |

After only 4 months of operation, VFG Group specializing in electric vehicles recorded revenue of more than 350 billion VND, with a profit of about 45 billion VND.

Having just joined the auto distribution market, Vietnam Future Group Joint Stock Company (VFG) quickly made its mark when it became one of the companies with many 3S VinFast dealers meeting comprehensive excellent standards with strong sales growth.

Mr. Tran Duy Ngoc - General Director of Vietnam Future Group Joint Stock Company (VFG) - said that the company was established in August 2025 with a charter capital of 150 billion VND, operating in the automotive sector. VFG focuses on promoting the distribution of Vinfast electric cars when it recognizes the general trend of the automotive industry will develop electric cars and Vinfast has growth potential and advantages.

VFG currently owns 6 dealerships meeting 3S standards, the highest standard in VinFast's distribution system, including sales, services and genuine parts.

VFG's business results also attract attention in the market. In just 4 months of operation, the business recorded revenue of more than 350 billion VND, profit reached about 45 billion VND (of which 50% of profit comes from business operations). This is an impressive result in the context of fierce competition in the auto market and large initial investment requirements. VFG has closely cooperated with Vinfast to develop dozens of V-Green charging stations to serve customers and is also Vinfast's official dealer for used cars with the GF model (Vinfast's official used car). VFG is a new bright spot in the distribution market with a closed model, allowing customers to experience services from buying new cars to charging, repairing and selling used cars.

VFG General Director said that this result comes from a methodical development strategy from the beginning, focusing on building large-scale agents from 3,000 m2 to 10,000 m2 with full services, and at the same time building a professional sales and service team, taking customer experience as the center.

We are not competing in price but focusing on service, improving the experience with customer care strengths. For example, bringing cars for free home testing, every Saturday at VFG dealerships there are events inviting guests to have breakfast, experience coffee with dishes imbued with Vietnamese culture, creating closeness and friendliness," VFG CEO Tran Duy Ngoc emphasized.

VFG General Director revealed plans to build 6 3S standard agents in the first quarter of 2026 and continue to expand 6 more 3S agents in the third quarter of 2026, bringing the total number of agents to 18 in 2026.

Vân Hoa
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