Việt Nam is creating favourable conditions for foreign companies, including US firms such as R3 Lithium, to invest and operate effectively in Việt Nam.
The two sides will work on technical solutions to ensure compatibility, safety and convenience between electrified vehicles distributed by TC Group and VGX''s charging network.
Domestic car buyers are paying closer attention to fuel, maintenance and resale costs as the total cost of ownership becomes an increasingly important factor in choosing a vehicle.
As Southeast Asia shifts its focus from boosting electric vehicle sales to building local manufacturing and supply chains, Việt Nam is well placed to remain one of the region''s fastest-growing EV markets while expanding its production base.
For foreign direct investment (FDI) enterprises, the biggest obstacle in entering a new market is often not infrastructure or logistics, but the predictability of government policy.
Battery electric vehicles (EVs) will remain exempt from first-time registration fees until the end of 2030 under a new decree promoting green transport and domestic EV production.
VinFast showcased its expanding electric mobility ecosystem at one of the Philippines’ largest auto exhibitions, highlighting its long-term commitment to the market.
LG Energy Solution has signed a memorandum of understanding with Honda and Hà Nội authorities with the aim of developing a public battery-swapping network for electric motorbikes in the Vietnamese capital, the Korean battery maker announced on May 19.
Beyond financial support, a draft resolution by the municipal People’s Committee aims to lay the foundation for a green transport transition through the development of charging infrastructure, fee incentives, and a roadmap to gradually limit petrol-powered vehicles in Hà Nội.
The partnership between Xuân Cầu Holdings, Petrolimex and Selex Motors marks a major step in developing green energy infrastructure and expanding electric transport energy services in Việt Nam.