VinFast parent group VinGroup is expanding its electric taxi ride-hailing services to Sweden through its sub-brand, Green and Smart Mobility (GSM).
Cross-continent plans
On 8 April, the Vietnam Embassy in Sweden posted pictures of a meeting between its office and VinGroup on Facebook . The organisations discussed plans to introduce VinGroup’s ride-hailing service GSM to Sweden and the greater Nordic region.
For Sweden, the addition of VinGroup is part of an earlier collaboration with Vietnam called the Vietnam-Sweden Strategic Partnership. The partnership was created in 2025 to develop cooperation between both countries in the technology, energy, green transition, and digital industries. Furthermore, adding GSM to its available ride-hailing platforms is another step to promote electric mobility in the country.
The discussion included a potential launch for GSM in August 2026, during the Vietnamese embassy’s celebration of National Day. According to the embassy, the event will be an opportunity for VinGroup to connect with local partners, such as companies and organisations. This move is also part of the Vietnam-Sweden Strategic Partnership, where both countries pledged to expand each other’s networks and strengthen mutual trust.
Green SM
Green SM currently operates in Vietnam, Indonesia, Laos, and the Philippines. It launched in its home country in April 2023 as “Xanh SM” as an all-electric ride-hailing service. It then expanded to Laos in October 2023 where it became an international ride-hailing company. After Laos, Xanh SM entered the Indonesian market in December 2024. A year later, it rebranded to “Green SM” for clearer brand recognition in Indonesia.
In April 2026, GSM launched the Green SM Platform in both Indonesia and the Philippines. Through this platform, aspiring GSM drivers can join the service through its application. Aspirant drivers are required to undergo the company’s training programs that cover operational protocol and company service standards for consistent high-quality service.
VinGroup’s international strategy
GSM isn’t VinGroup’s only operating arm in Europe. Its energy company, VinEnergo, also gained partnerships with Denmark, Sweden, and the Philippines. As part of the first phase of the initiative, the agreement detailed a 10-gigawatt renewable energy portfolio in both Northern Europe and Southeast Asia. This portfolio is part of a long-term plan to develop 100 gigawatts of renewable energy by 2029.
VinGroup, through VinEnergo, will develop another 2 gigawatts of renewable energy in Denmark with GreenGo Energy. Its total goal for its current European market for the first phase is to increase the capacity to 6.2 gigawatts.
The second phase of the initiative will see VinGroup expand its energy services to the United States and the Southern European market.
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