Mirae Asset Finance Partners with BYD to Expand Auto Loan Solutions
In partnership with BYD Fest 102 Season 2, Mirae Asset Finance is launching a car loan program offering financing of up to 90% of the vehicle’s value with a maximum term of 96 months, helping to expand financial options for customers looking to purchase a vehicle.
The growth of electric vehicles, hybrids, and new energy vehicles is providing Vietnamese consumers with a wider range of choices. In addition to price, technology, and operating costs, payment plans are also a key consideration when deciding to purchase a vehicle, particularly for customers using vehicles for business purposes.
Recognizing this need, Mirae Asset Finance is strengthening its partnerships with companies in the automotive sector to better align its credit products with actual customer needs. Recently, the company participated in BYD Fest 102 Season 2 as a financial partner, offering a loan program for customers purchasing BYD vehicles.
BYD Fest 102 Season 2 is an event organized by BYD Vietnam in collaboration with its partners, targeting customers, ride-hailing drivers, and the transportation business community. The event offers a space for vehicle experiences, test drives, financial consulting, and networking activities for those interested in new energy vehicles.
Following the event in Ho Chi Minh City on July 23, 2026, BYD Fest 102 Season 2 is scheduled to take place on September 17, 2026, at Trống Đồng Palace Lãng Yên (No. 2 Lãng Yên Street, Hanoi). The event will showcase attractive promotional offers and a variety of vehicle models tailored to different needs, such as the BYD Dolphin with its compact design, ideal for daily commuting; the BYD M6, an MPV with a spacious interior designed for families and business services; and the BYD Seal 5, a sedan featuring hybrid technology.
As part of this partnership, Mirae Asset Finance offers auto loans for BYD vehicles covering up to 90% of the vehicle’s value, with a maximum loan amount of up to VND 15 billion and a maximum term of 96 months, along with streamlined, convenient application procedures.
The flexible loan-to-value ratio and repayment terms help customers reduce the initial capital outlay while allowing them to spread payments over a longer period. For customers purchasing vehicles for business or transportation purposes, this option also facilitates cash flow management during vehicle operation.
In addition to auto loans, Mirae Asset Finance currently offers a variety of products, such as motorcycle loans, cash loans, and installment purchases, to meet diverse consumer needs. The company is also expanding its partnerships with fintech firms and retail businesses to diversify its customer outreach channels.
The partnership with BYD is one of the steps Mirae Asset Finance is taking to expand its operations in the automotive finance sector while meeting the increasingly diverse vehicle ownership needs of Vietnamese customers. By strengthening connections with brands and partners in the market, the company aims to improve access to capital, enhance the service experience, and support customers in meeting their practical financial needs.
| Mirae Asset Finance Co., Ltd. (Vietnam) is a subsidiary of the Mirae Asset Group (South Korea) and has been licensed to operate by the State Bank of Vietnam since 2010. After 15 years of operation, the company has served over 4.5 million customers, with a network of nearly 30,000 point-of-sale (POS) locations nationwide. Mirae Asset Finance remains steadfast in its goal of providing customers with access to safe, legal capital by continuously improving its products, enhancing governance standards, and supporting the sustainable development of Vietnam’s financial sector. |