Industry voices say the move could undercut domestic firms like VinFast while giving unfair advantage to foreign EV brands.

With electric vehicle adoption surging, Vietnam must invest heavily in grid upgrades to meet the growing electricity demand.

Within just three years, electric car sales in Vietnam have surged nearly twenty-fold, showing that people in the country are increasingly favoring eco-friendly means of transport.

A World Bank report released on March 12, 2025, underscores Vietnam’s booming electric vehicle market, which is expected to revolutionize transportation and generate millions of high-tech jobs.

The continuation of the zero percent registration fee policy for battery-powered electric vehicles (EVs) is a strong incentive for consumers and businesses, reinforcing Vietnam’s commitment to green transformation.

The Ministry of Finance has proposed extending the full exemption of registration fees for battery-electric vehicles by another two years, pushing the deadline to February 28, 2027.

Instead of enjoying a zero percent registration fee, battery-powered electric vehicles (EVs) will be required to pay 50% of the fee applicable to internal combustion engine cars with the same seating capacity.

Hanoi has officially launched three new electric bus routes, marking a significant step in the capital’s efforts to adopt green transportation and address traffic and environmental challenges.

Vietnam’s electric vehicle surge is driving up demand for charging stations, prompting new electricity pricing proposals with rates as high as $0.20/kWh.

To implement the ambitious net-zero plan, Vietnam needs to draw up a roadmap with reasonable moves to reduce transport emissions.

From January 1, 2025, motor vehicles using clean and green energy will have a distinct color for inspection stamps.

A World Bank report highlights the importance of EV charging infrastructure as Vietnam accelerates its journey toward Net Zero and green mobility.

TMT Motors, known for importing and selling Chinese electric cars, reported significant financial losses as sales fell short of expectations and high inventory costs mounted.

In a bid to curb greenhouse gas emissions, the Ministry of Transport has introduced a plan to have 30% of all cars and 22% of motorbikes in Vietnam be electric by 2030.

Vietnam can achieve carbon neutrality by 2050, according to a report released by the Electricity and Renewable Energy Authority (Ministry of Industry and Trade - MOIT) and the Danish Energy Agency.

Experts highlight the energy sector as the largest greenhouse gas emitter in Hanoi, calling for urgent action to mitigate emissions.

To reduce net emissions to zero by 2050, Vietnam needs $90.88 billion (VND2.26 quadrillion) in the next 25 years to develop a network of charging stations for green transport. The minimum investment capital needed is $31.76 billion (VND792 trillion).

V-Green Global Charging Station Development Joint Stock Company (V-Green) has become the first to launch an electric vehicle (EV) charging station franchise model in Vietnam.

With Chinese brands rapidly expanding in the Vietnamese market, experts are calling for protective policies to safeguard local manufacturers and ensure the country’s long-term industrial growth.