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You may have already spotted the new green taxis in Metro Manila. They’re not just a new option; they’re the country’s first all-electric taxi fleet, offering travelers an eco-friendly choice on the road. Powered by VinFast vehicles and operated by Green GSM Philippines, these cabs provide a noticeably smoother, quieter, and cleaner ride, signaling a major upgrade for Filipino commuters.
At the heart of this green mobility transition is BDO Unibank, Inc. (BDO), providing the financial backbone that allows VinFast Auto Philippines Inc. (VinFast Philippines), a fast-growing electric vehicle manufacturer; V-Green Charging Station Development Philippines Inc. (V-Green), a pioneer in EV charging infrastructure; and Green and Smart Mobility Philippines Inc. (Green GSM Philippines), operator of the country’s first all-electric taxi fleet, to scale its operations. By delivering end-to-end banking solutions, BDO enables these companies to expand the availability of EVs, strengthen ride-hailing services and bring more sustainable transport options to the Philippine market.
Through this partnership, VinFast Philippines, a subsidiary of Vingroup JSC, will leverage BDO’s comprehensive suite of banking solutions which include cash management, consumer banking and insurance services, among others.
“At VinFast, we view sustainable transportation as more than just a technological shift—it’s a commitment to future generations,” said Duong Thi Thu Trang, Deputy CEO of Sales and Marketing at VinFast. “Partnering with BDO, a trusted and forward-thinking financial institution, allows us to empower Filipinos with greater access to EVs while helping shape a smarter, greener, and more livable urban future.”
The partnership extends beyond vehicles. V-Green has already secured approvals to roll out EV charging stations in four SM Supermalls, with further expansion plans within the BDO–SM ecosystem.
“Charging infrastructure is essential for sustainable EV growth,” noted Nguyen Thanh Duong, CEO of V-Green. “By partnering with BDO, we can fast-track the deployment of convenient and reliable charging solutions that make EV use more practical and scalable across the Philippines.”
Meanwhile, Green GSM Philippines, operator of the country’s first all-electric taxi fleet powered by VinFast vehicles, completed integration with BDO’s digital banking platform in June 2025. Both companies will continue to work together on automated payment solutions to support its driver onboarding and expansion.
“Our mission is to deliver cleaner, safer, and more sustainable public transport,” said Dao Quy Phi, CEO of Green GSM Philippines. “Our partnership with BDO strengthens our driver-partner support and enables sustainable fleet expansion. It also lays the foundation to help the Philippines in reducing emissions and modernizing urban transportation.”
About BDO
BDO Unibank, Inc. (BDO) is a full-service universal bank which provides a wide range of corporate and retail services such as loan and deposit products, treasury, trust banking, investment banking, private banking, rural banking and microfinance, cash management, leasing and finance, remittance, life insurance, property & casualty insurance brokerage, cash cards, credit cards, and online and non-online stock brokerage services. BDO has the country’s largest distribution network, with over 1,800 consolidated operating branches and more than 5,800 teller machines nationwide. It also has 15 international offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America and the Middle East. The Bank also offers digital banking solutions to make banking easier, faster, and more secure for its clients. BDO ranked as the largest bank in terms of total assets, loans, deposits and trust funds under management based on published statements of condition as of March 31, 2025. For concerns, please visit any BDO branch near you or reach us through any of the channels listed in the Consumer Assistance page of our website: https://www.bdo.com.ph/consumer-assistance. For more information, please visit www.bdo.com.ph.
BDO is regulated by the Bangko Sentral ng Pilipinas (https://www.bsp.gov.ph). The BDO, BDO Unibank and other BDO-related trademarks are owned by BDO Unibank, Inc. All Rights Reserved.
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