Vietnam’s electric vehicle index announced for first time
Vietnam’s electric vehicle index (EVI) has been announced for the first time, aiming to help enterprises in the value chain make decisions on production and business.
VinFast, a Vietnamese automotive manufacturer established in 2017, has announced that it will unveil two of its latest EV models at the 2021 Los Angeles Auto Show. (Photo of VinFast)
Hanoi (VNA) – Vietnam’s electric vehicleindex (EVI) has been announced for the first time, aiming to help enterprises inthe value chain make decisions on production and business.
The Vietnam Petroleum Institute (VPI) built and unveiledthe index on October 14 after consulting domestic and foreign experts.
According to the institute, policies, strategies andtechnological development are unstable and unpredictable elements that have greatimpacts on the development of the electric vehicle (EV) market.
The VPI has used various signposts to assess thedomestic EV market.
Vietnam’s EVI in the third quarter of this year reached1.6 out of 5 points based on the signposts of policies, the network of chargingstations, ownership costs, clients’ liking, GDP per capita, technology and theregional EV market.
The VPI said Vietnam has potential to develop the EVmarket as the country’s car ownership rate is 23/1,000, only one tenth of therate in Thailand and one twentieth of Malaysia.
Although Vietnam is yet to build a roadmap ortargets on EV development, it has issued several incentives to reduce EVownership costs.
VinFast, a Vietnamese automotive manufacturerestablished in 2017, has announced that it will unveil two of its latest EVmodels at the 2021 Los Angeles Auto Show, marking an important milestone inVinFast's global expansion plan./.
VinFast Manufacturing and Trading Co., Ltd on September 28 announced the selection of US-based Cerence Company as a partner to provide voice-control artificial intelligence (AI) solution on smart electric cars with six most popular languages.
VinFast Trading and Service Ltd Co and Autobest, Europe's oldest automobile rating organisation, announced a strategic partnership agreement on October 1, demonstrating their mutual commitment to accelerating the transition from internal combustion engine (ICE) cars to environment-friendly electric vehicles in the European market.
Automaker VinFast, a subsidiary of conglomerate Vingroup, sold 3,497 vehicles in September, posting a month-on-month surge of 51.4 percent despite the COVID-19 pandemic.
Automaker VinFast, a subsidiary of conglomerate Vingroup, sold 3,497 vehicles in September, posting a month-on-month surge of 51.4 percent despite the COVID-19 pandemic.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.