VinFast Auto says U.S. Bank chosen as preferred financing provider in U.S.

VinFast (VFS) announced U.S. Bank (USB) has been chosen as its preferred provider of retail financing and leasing of VinFast vehicles in the United States. Under the partnership, U.S. Bank will officially provide financing and leasing solutions for VinFast vehicles at VinFast showrooms and via the VinFast website. The announcement comes as VinFast is preparing to open more showrooms in California, with plans for more locations around the country soon, the company said. "With the goal to make electric vehicles accessible to everyone, VinFast is constantly looking for optimal solutions for customers. Thanks to this agreement, VinFast customers will have access to competitive finance and lease rates and world-class customer service from U.S. Bank," said Madam Le Thi Thu Thuy, Vingroup Vice Chair and CEO of VinFast Holdings. Previously, in December 2022, VinFast Auto announced it had filed for an initial public offering of it ordinary shares and intended to apply to list its ordinary shares on the Nasdaq Global Select Market under the symbol "VFS."