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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
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Ho Chi Minh City
Friday, May 9, 2025

V-GREEN launches EV charging station franchises in Vietnam

The Saigon Times

Must read

HCMC – V-GREEN Global Charging Station Development Joint Stock Company (V-GREEN) has decided to launch electric vehicle (EV) charging station franchises in Vietnam, in line with the country’s shift towards green growth.

Similar to the EV charging stations owned by V-GREEN, the franchised stations will cater exclusively to owners of VinFast electric cars and bikes across the nation. By 2025, it is estimated that there will be 300,000 electric cars and one million electric bikes in Vietnam.

Franchisees will benefit from a shared revenue model, earning a fixed rate of VND750 for each 1kWh of electricity charged from V-GREEN for at least 10 years. Additionally, V-GREEN will provide comprehensive support, including technology management for operations and revenue, repair and maintenance services, and marketing efforts to attract customers to the charging stations.

To join V-GREEN’s green network, partners only need to invest in the facilities and infrastructure required for the operation of the charging stations.

V-GREEN, 90% owned by billionaire Pham Nhat Vuong, now has the largest EV charging station network in Vietnam, with plans to install 150,000 chargers across 63 cities and provinces nationwide.

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