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.

Chinese automakers have entered the Vietnamese market with a surprising strategy, introducing vehicles at higher price points rather than competing in the budget segment.

Despite a later start than other regional countries such as Thailand, Indonesia and Malaysia, Vietnam has established itself as a formidable rival in the automobile market.

The Association of Southeast Asian Nations (ASEAN) is witnessing a rise in the sales of electric vehicles (EVs) in Vietnam, Malaysia and Indonesia, according to Maybank Investment Bank Research (Maybank IB Research).

Chinese electric vehicle (EV) maker BYD has chosen Vietnam as a key market for its development in Southeast Asia, Vo Minh Luc, CEO of BYD Auto Vietnam, has said.

Most of China's top 10 automobile manufacturers in Vietnam have ambitious business strategies.

Vietnam is highly committed to transforming towards green practices across various industries, including the car industry.

There is currently no national standard for emissions for electric and hybrid vehicles in Vietnam, which has hindered many manufacturers from producing or importing these vehicles.

Between 2026 and 2030, Hanoi aims for a mix of electric buses (50 per cent_ and buses powered by cleaner burning fuels like liquefied natural gas (LNG) or compressed natural gas (CNG) (50 per cent).

Developing charging stations for electric vehicles (EV) is an important part of the country’s scheme to promote the use of EVs in Vietnam to build a green transport system, according to insiders.

This chair of the Vietnam Clean Air Network, Hoang Duong Tung, has praised Hanoi’s plan to spend VND43 trillion to develop green buses.

The development of electric vehicles in the Vietnamese market has shown significant progress in recent years.

Besides VinFast's electric cars, foreign electric vehicle manufacturers have recently announced plans to introduce multiple models in Vietnam, with various price ranges.

More than 30% of Vietnamese consumers are interested in purchasing electric vehicles (EVs), according to a recent Deloitte’s global automotive consumer study.