< Back to all clusters
[BUSINESS] · Vietnam · 3 sources

VinFast VF9 electric SUV shows low maintenance cost, reshaping ownership economics in Vietnam

A Vietnamese owner reported that the 75,000‑km service for his VinFast VF9 electric SUV totaled just 1 million VND, far below the 2–3 million VND he expected from conventional gasoline cars. The reduced maintenance bill, combined with lower fuel expenses and a government exemption on the first‑time registration tax—extended through 2030—significantly cuts total ownership costs. These savings are prompting more drivers in Hanoi and Ho Chi Minh City to consider switching from fuel‑powered cars to electric models, despite lingering concerns about resale value. The case illustrates how policy incentives and lower operating costs can shift an automobile from a pure consumption item toward a more asset‑like purchase for Vietnamese families.