V-Green & ETreego Sign MOU Develop 100,000 VinFast Charging Stations

V-GREEN has partnered with eTreego to install 100,000 VinFast EV chargers across Indonesia, the Philippines, and Vietnam by 2030. The collaboration includes pilot stations in Vietnam by 2025

Hanoi, Vietnam- V-GREEN has signed a Memorandum of Understanding (MoU) with ETreego Co., Ltd, a Taiwanese green energy company, to significantly expand VinFast electric vehicle charging station infrastructure. The agreement aims to install 100,000 charging portals in Indonesia, the Philippines, and Vietnam by 2030. As part of the plan, eTreego will launch 200 pilot charging stations in Vietnam by Q2 2025, with further expansion into Indonesia and the Philippines. This collaboration highlights V-GREEN's commitment to supporting green transformation in the region.

According to the MoU, eTreego will be the charging station product supplier for V-GREEN. Furthermore, eTreego agrees to lease designated locations and facilitate introductions to potential partner sites in key areas for the development and expansion of V-GREENs charging station network.

V-GREEN and eTreego will collaborate on green initiatives, including developing a Carbon Credit Certification project for V-GREEN's charging stations. The partnership will also focus on expanding VinFast’s electric vehicle supply chain and entering new international markets within the growing global green transportation sector. This strategic collaboration, led by VinFast founder Pham Nhat Vuong, will boost V-GREEN’s network of EV charging stations and solidify its leadership in sustainable mobility. eTreego sees significant growth potential in Southeast Asia’s EV market, especially within VinFast's ecosystem.

Mr. Chin Pin Chien, Chairman of ETreego Co., Ltd, said, "eTreego highly appreciates the growth potential of the electric vehicle market in Vietnam and Southeast Asia. In the future, we will increase investment in research and development to provide the necessary products, services, and technical support for VinFast electric vehicle ecosystem. The collaboration between eTreego and V-GREEN will support VinFasts increasingly sustainable transportation network, meeting the strong demand for green transformation in Southeast Asia."

Mr. Nguyen Thanh Duong, CEO of V-GREEN, Said, “We are confident that eTreegos global reputation, expertise, and experience will be invaluable in scaling up V-GREENs charging infrastructure. By joining forces, eTreego and V-GREEN will contribute to building a comprehensive VinFast electric vehicle ecosystem, delivering exceptional value to both companies, consumers, and driving the global green transportation revolution."

Indonesia and the Philippines have been identified as key markets for V-GREENs international expansion. In a significant milestone, V-GREEN has recently inked a Memorandum of Understanding with the diversified Prime Group to deploy approximately 100,000 VinFast electric vehicle charging stations across Indonesia within three years, with a projected total investment of up to USD 1.2 billion.

V-GREENs charging stations will form the backbone of VinFasts growing green transportation ecosystem across Southeast Asia. In Indonesia and the Philippines, VinFast has delivered a diverse range of smart, modern electric vehicles, introduced pioneering sales and after-sales policies. By continuously expanding its dealer network, VinFast is committed to providing customers in the region with high-quality vehicles, inclusive pricing and excellent after-sales policy.

About VinFast

VinFast a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia.

About eTreego

eTreego is committed to becoming a comprehensive electric vehicle solution provider, contributing to green transportation and sustainable development. The Company specializes in providing charging equipment and management systems for two-wheelers, four-wheelers, and commercial vehicles, supporting green energy initiatives and carbon credit utilization. eTreego has partnered with major players such as Chunghwa Telecom and Far Eas Tone to expand its fast-charging network in shopping malls and restaurants in Taiwan.