Toyota Vietnam, Toyota Financial Services Vietnam (TFSVN), and transport company the Mai Linh Group joined hands on August 15 in a landmark move by signing a strategic partnership agreement.

The Mai Linh Group has committed to a substantial investment in 10,000 Toyota vehicles over a five-year period, commencing in 2023. This initiative will involve the replacement of existing vehicles with new models bearing the Toyota brand.

Toyota Vietnam, in turn, will offer these new models at advantageous prices, accompanied by added benefits encompassing advantages across the value chain and the provision of high-quality authorized services. Additionally, Toyota Financial Services will play a role by extending financial support, featuring favorable interest rates.

These policies are designed to benefit the Mai Linh Group and its subsidiaries, employees, as well as individuals operating under business cooperation contracts or service supply agreements with the Group.

“We believe that with Toyota’s preferential policies and the outstanding values that have been confirmed in terms of the quality, durability, and reliability of Toyota products, the Mai Linh Group will maximize efficiency in investment activities and transportation services,” Mr. Nakano Keita, General Director of Toyota Vietnam, said.

During the signing, Mr. Ho Huy, Chairman of Mai Linh Group, expressed confidence in Toyota’s quality and their strong partnership. “Toyota is our foremost partner, providing top-quality vehicles, and is crucial to Mai Linh,” he said. “With Toyota’s capabilities and Mai Linh’s expansive network, we see immense cooperative potential.”

Mr. Do Bich Huong, CEO of Toyota Financial Services, emphasized its commitment to supporting Mai Linh’s success through its financial services.