Vietnam’s taxi, EV rental firm launches Xanh SM ride-hailing platform, distributes VinFast EVs in Laos

GSM is the operator of Xanh SM – Southeast Asia's first all-electric ride-hailing service.

Laos is the second market, following Vietnam, where GSM is deploying its comprehensive model that integrates EV distribution with eco-friendly ride-hailing services.

Following more than a year of successful operations in Vientiane, Vang Vieng, Savannakhet, and Champasak, Xanh SM has earned strong support from Laotian users.

Building on this foundation, GSM is now introducing the Xanh SM Platform – an open technology solution that empowers VinFast owners in Laos to become ride-hailing partners and generate sustainable income, up to 87 percent of the fare income.

Coinciding with the platform launch, GSM also opened its first VinFast showroom in Laos, located on Kaysone Phomvihane Road in Xaythany District, Vientiane. 

The company officially introduced and commenced sales of the VinFast VF 3 and VF 5, with GSM serving as the exclusive distributor for VinFast vehicles in Laos.

The VinFast VF 5 is listed at 450,297,000 Kip (some US$20,690, VAT included).

Customers placing deposits before May 31 will receive a direct discount of 9,794,000 Kip ($450) and enjoy 50-percent off charging fees for two years until June 30, 2027. 

Alternatively, the charging benefit can be converted into a $1,000 cash discount on the vehicle price.

This brings the total incentive package to $1,450, lowering the effective cost to just some $19,240.

The VinFast VF 3, a four-seat mini electric car, is priced at 269,656,000 Kip ($12,390, VAT included).

Early customers depositing by May 31 will receive a discount of $250 and 50-percent off charging costs for two years until June 30, 2027.

Customers may also convert this benefit into a $250 cash deduction from the purchase price, bringing the total incentive value to $500, reducing the effective price to around $11,890.