Malaysia looks to become EV manufacturing hub in Southeast Asia
Malaysia aims to attract more electric vehicle (EV) manufacturers as it is striving to establish itself as an EV manufacturing hub for the Association of Southeast Asian Nations (ASEAN), an official has said.
Malaysia is striving to become an EV manufacturing hub in Southeast Asia. (Illustrative photo: Reuters/VNA)
Hanoi (VNA) – Malaysia aims to attract more electric vehicle(EV) manufacturers as it is striving to establish itself as an EV manufacturinghub for the Association of Southeast Asian Nations (ASEAN), an official has said.
Addressing an event of the automotive industry in Kuala Lumpur on February20, Malaysian Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz highlightedfavourable conditions making his country highly conducive to supportmultinationals' regional hub ambitions.
Apart from its strategic location, goodinfrastructure, and rule of law, the country also has a highly-establishedelectrical and electronics industry which has been reliably feeding otherindustries like aerospace, renewable energy and EVs, he noted.
The official added that the regional EV market isexpected to grow at a compound annual growth rate of 33% from around 500million USD in 2021 to 2.7 billion USD by 2027./.
The Lao Ministry of Industry and Commerce has rolled out measures to promote electric vehicles (EVs), a type of vehicle that uses clean energy and protects the environment.
The Indonesian Government is planning to extend fiscal incentives for electric vehicles (EVs), especially electric motorcycles, to the next year with support levels equivalent to this year, said Deputy Coordinating Minister of Maritime Affairs and Investment Rachmat Kaimuddin.
The Malaysian government is committed to increasing the acceptance level of Malaysians to shift to electric-based vehicles including electric motorcycles, the country’s Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said on December 8.
Malaysia has so far recorded more than 100,000 registered electric vehicles (EV) and is expected to witness potential growth in EV sales through end-2023, according to Minister of Investment, Trade and Industry Tengku Zafrul Abdul Aziz.
Vietnamese automotive manufacturer, VinFast, has officially launched its first right-hand drive electric vehicles for the Indonesian market at the Indonesia International Motor Show (IIMS) 2024.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.