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VinFast has started delivering the first batch of VF e34 EVs in Vietnam. The company held a ceremony at their manufacturing complex in Hai Phong, Vietnam to celebrate.

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Hanoi, December 25th, 2021 -- VinFast Commercial and Service Trading Co., Ltd held a ceremony to
release and distribute to customers its first batch of VF e34 electric vehicles at VinFast's
manufacturing complex in Hai Phong, Vietnam. The event opened up an avenue to the era of
Vietnamese EVs, making Vietnam one of the world's few countries to have mastered the technology
behind clean-energy vehicle production.

The VF e34 is an electric SUV in the C/mid-size segment offering a modern design, impressive
acceleration, intuitive operation, and abundant integrated smart features that are researched and developed
exclusively for the Vietnamese market.

VF e34 has numerous unique features, including its virtual assistant developed by VinBigData, a member
company of Vingroup's technology ecosystem. With multi-regional Vietnamese accent recognition, users
can directly interact with the vehicle and control many features conveniently and easily. Customers can
also book lots of services supplied by other members of Vingroup such as medical services at Vinmec,
entertainment services and flights on Vinpearl app. Furthermore, customers are able to watch movies
through FPT Play or shop through Shopee's own app.... New features and utility services will be
continuously updated to customers through remote software installation (FOTA).

To support customers to experience smart features on the VF e34, VinFast has partnered with MobiFone
Telecommunication Corporation to offer customers optimal eSIM data packages. Accordingly, each VF
e34 delivered will be preinstalled with eSIM, and customers will pay a fee to use eSIM data directly to
MobiFone.

With VF e34, VinFast offers an optional advanced feature package worth 60 million VND (approximately
$2.600), including driver assistance features in terms of safety, navigation system, geo-limit and time
settings. This optional feature package will be given by VinFast as a tribute to more than 25,000
pioneering customers who ordered VF e34 smart electric cars before the opening of sale. Customers who
buy a car later will have to pay a fee to use these features.

In the delivery of the first batch of electric vehicles, VinFast also officially announced its new battery
rental package for customers in Vietnam. To support customers, VinFast has reduced the minimum
package from a distance of 1,400 km/month to 500 km/month. Specifically, the monthly subscription rate
is 657,500 VND/month (approximately $30) for a maximum distance of 500km/month. In case of
traveling more than 500km/month, customers will pay an additional battery rental fee for VinFast at a unit
price of 1,315 VND /km (approximately $0.05). Furthermore, when the battery's charging capacity drops
below 70%, VinFast will replace the new battery completely free of charge for customers.

VinFast is committed to renting batteries for the entire product life cycle and will adjust its rental price
annually. Every year on December 1st, VinFast will adjust battery rents and it will be based solely on the
increase/decrease of electricity/gasoline prices.

All 25,000 pioneering customers will get free battery rent for the first 12 months.

The fee for charging cars at VinFast's public charging stations is VND 2,834 /kWh (excluding VAT)
(approximately $0.12), equivalent to the level 5 electricity price announced by the Vietnamese Ministry of

Industry and Trade on March 20, 2019. If the battery is fully charged but the car still occupies the
charging position, customers will have to pay an additional fee of VND 1,000 per minute (approximately
$0.04) from the 31st minute onwards. This cost is paid along with the monthly battery subscription fee.
Customers who buy VF e34 cars are also gifted a 2.2kW portable charger to actively charge the battery
with the home power grid. VinFast also offers a 7.4kW wall-mounted charger with a price of VND
9,400,000 (approximately $411) for customers wishing to install more at home.

It is expected that in January 2022, VinFast will continue to hand over thousands more VF e34 vehicles to
customers who have deposited in advance. In order to continue the era of smart electric cars that have
officially opened in Vietnam, VinFast will also introduce a complete EV lineup of electric cars, including
5 models in the A-B-C-D-E segments at the 2022 Consumer Electric Show (CES) from January 5th to
January 8th, in Las Vegas, Nevada, USA.

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