Hanoi, June 27 -- Vietnam's largest electric vehicle maker VinFast has signed a strategic partnership with PT Bank Central Asia Tbk. (BCA), one of Indonesia's largest private banks, to boost its distribution network and support the growth of the EV ecosystem in the country.

Under the agreement, BCA will offer flexible credit packages to VinFast's network of dealers in Indonesia. The financial support will help dealers purchase VinFast electric vehicles and genuine parts, with tailored credit limits for regular purchases, peak season needs, and bulk transactions.

Both sides also have collaboratively developed favourable payment terms and efficient financial processes, helping dealer partners reduce paperwork, improve capital turnover, an...