Viet Nam promotesEV transition nationwide

Vietnamese Prime Minister Pham Minh Chinh urged authorities to prioritize energy-saving measures, with a focus on electric transportation. The Ministry of Industry and Trade had been tasked with developing energy-saving strategies, including encouraging a shift to electric vehicles (EVs) and clean fuels.

 The Ministry was also implementing several incentives to boost the electric vehicle industry including tax incentives, land use benefits, rent reductions, and corporate income tax exemptions. With the government’s ongoing commitment to EV transition, Viet Nam was taking significant steps towards a cleaner, more energy-efficient future.