The Philippines Economic Zone Authority (PEZA) has invited Vietnamese firms, especially electric vehicle (EV) manufacturer VinFast, to explore manufacturing opportunities in its economic zones.

In a statement last Saturday, the PEZA said Director General Tereso Panga recently had discussions with Vietnamese Ambassador to the Philippines about organizing an inbound delegation of Vietnamese companies, including VinFast, to explore expansion opportunities in Philippine economic zones.

Panga said VinFast’s entry into the ecozones would complement PEZA’s initiatives to attract investment in electric vehicle manufacturing, battery assembly, automotive electronics, and charging infrastructure. Following the recent entry of two Indonesian automotive companies into Philippine economic zones, more Vietnamese manufacturing firms can consider locating there to utilize the country’s domestic market, skilled workforce, and preferential access to the United States and European Union, the executive added.

The invitation follows the elevation of Philippines-Vietnam relations to a comprehensive strategic partnership, which PEZA said is expected to open new avenues for trade, investment, and industrial collaboration between the two countries.

VinFast Advances Philippines Expansion with Electric Motorcycle Launch

In a statement on Wednesday, VinFast said it launched an early booking program for the Evo, Feliz II, and Viper electric motorcycles from June 10 to July 18, with first deliveries expected from July 2026. Customers can book through VinFast’s website or dealerships nationwide.

All three models offer flexible ownership with battery subscription or outright purchase options. All are equipped with a 5,200W BLDC in-wheel motor, with the Viper and Feliz II reaching top speeds of up to 90 km/h and the Evo up to 80 km/h. With two fully charged batteries, all models can travel up to 150 km. VinFast is deploying battery-swapping stations across the Philippines through a partnership with V-Green, with swapping fees set at PHP 35 per battery per swap.

Vo Thi Cam Tu, Managing Director of VinFast E-motorcycles Overseas Market, said the Philippines is one of five key international markets in VinFast’s electric two-wheeler expansion plan this year, alongside Indonesia, India, Thailand, and Malaysia.

Vietnam’s VinFast delivers 58,577 EVs in Q1/2026, net loss widens to $1.12B