Several NA deputies advocated higher special consumption rates for sugary drinks while other pushed for a phase approach so that enterprises could adjust their production and business plans.

Electric and hybrid vehicles are projected to continue experiencing strong growth in 2025 and the following years, with an expected growth rate of 25-30% in 2025, and gradually accounting for a larger share of the total car sales in Vietnam.

Vietnam is experiencing a strong shift towards electric vehicles (EVs). The supportive and preferential policies implemented by the Government, such as the exemption of registration fees and reduction in special consumption tax for EVs, have played a significant role in promoting the adoption of this type of vehicle in the country.

Ride-hailing firm Grab will trial a new service for commuters in central Singapore to book rides only on hybrid or electric vehicles from July 14 as part of its efforts to go green.

Japanese carmaker Toyota is planning to invest 2 billion USD in developing electric vehicles (EV) in Indonesia in the next five years.

PT Toyota Motor Manufacturing Indonesia (TMMIN) is ready to start battery electric vehicle (BEV) production at its factory located in Karawang, West Java, though its type had yet to be made public, Indonesia’s Antara News Agency reported.