BDO partners with VinFast, V-Green to boost the Philippines’ EV ecosystem

BDO will support the expansion of the three companies.

BDO Unibank Inc. has signed a memorandum of understanding with electric vehicle (EV) and green mobility companies.

The agreement includes EV manufacturer VinFast Auto Philippines, EV charging infrastructure company V-Green, and Green and Smart Mobility Philippines (Green GSM Philippines), operator of the country’s first all-electric taxi fleet.

BDO will support the three companies in their expansion and operations in the Philippines, with the goal of making EVs more accessible to Filipino consumers and businesses.

VinFast Philippines will leverage BDO’s suite of financial solutions including cash management, consumer banking, leasing, and insurance services to create tailored financing programs for both retail and consumer customers.

V-Green, meanwhile, has already secured approvals to roll-out EV charging stations in four SM Supermalls. Further expansion is planned across Alfamart outlets.

Meanwhile, Green GSM Philippines has integrated BDO’s digital banking platform since its launch in June 2025 to support driver onboarding and expansion, according to the press release.

VinFast Philippines is a subsidiary of the Vingroup JSC, one of Vietnam’s largest conglomerates. It is a pure-play EV manufacturer. Green GSM Philippines’ taxi fleet is powered exclusively by VinFast EVs.

V-Green, meanwhile, is expanding into different markets in Southeast Asia, such as Laos, Indonesia, and the Philippines.