The Ministry of Finance has proposed extending preferential special consumption tax rates on battery-powered vehicles with fewer than 24 seats until the end of 2030.
According to statistics of the Vietnam Association of Motorcycle Manufacturer (VAMM), sales by its members, including Honda Vietnam, Yamaha Motor Vietnam, Piaggio Vietnam, SYM Vietnam and Suzuki Vietnam rose by 8.3 per cent year-on-year to 729,121 units.
Data from the Vietnam Association of Motorcycle Manufacturers (VAMM) shows that traditional manufacturers experienced a noticeable slowdown last year, with total market sales reaching 2.6 million units, down 1.5 per cent year-on-year.
Việt Nam’s automobile market is entering a remarkable transition marked by tightened environmental policies and a rapid shift towards electrification, according to a report by auto research platform oto.com.vn released early this week.
Kim Long Motor Hue JSC (Kim Long Motor) on January 27 signed a strategic partnership with BYD Battery, a global leader in batteries and new energy vehicles, and kicked off construction of a BYD battery manufacturing plant in its Huế...
This achievement comes after more than a year of VinFast holding its position as the best-selling car brand in the Vietnamese market, creating a significant lead over other automakers.
The ministry’s request follows continuous media reports that several apartment complexes in Hà Nội and HCM City have temporarily denied EVs into their basement parking lots for fear of fire and explosion risks.
A new circular provides detailed guidance on the application of electricity tariffs, ensuring transparency, correct classification of users and proper usage purposes.
The shared-use charging model is part of a broader effort to promote green mobility in Hà Nội, as the city will pilot low-emission zones within Ring Road 1 starting from July 1, 2026 and expanding through 2030 to improve air...
Việt Nam’s largest auto distributor Tasco Auto JSC and charging infrastructure provider Esky Energy Investment Service Trading Corporation will install over 50 DC fast-charging stations at Tasco showrooms nationwide from early 2026 under a newly signed Memorandum of Understanding.
The Ministry of Finance has rejected Vingroup’s proposal to exclude locally made parts from the EV tax base, saying current incentives already align with international commitments and green goals.