Supporting industry development:

Businesses hesitate to make electric cars because they are waiting for policies

Anh Tuấn |

The 0% registration fee incentive for electric vehicles is about to end. Therefore, experts say that we need more strong enough policies to develop electric vehicles in the future.

Electric vehicle manufacturing businesses await policy

Three years ago, Son Ha Group launched a "made in Vietnam" electric motorbike model, gradually shifting its production orientation towards green products and clean energy. At that time, this enterprise was planning to produce another, higher-end electric motorbike product, but could not do so due to "waiting for policy".

Speaking to Lao Dong, Mr. Hoang Manh Tan - Deputy General Director of Son Ha Group - said that more than 20 years ago, the country's industrial development was low. At that time, Vietnamese people preferred gasoline motorbikes from Japan and Europe.

Seeing this opportunity, Japanese businesses have entered Vietnam to develop the market, turning Vietnam into an extremely large market for gasoline motorbikes (more than 50 million gasoline motorbikes in circulation are entirely produced by foreign manufacturers).

Xe dien Hyundai lap rap tai Nha may Hyundai Thanh Cong, tinh Ninh Binh. Anh: TC Motor
Hyundai electric cars assembled at Hyundai Thanh Cong Factory, Ninh Binh province. Photo: TC Motor

According to Mr. Tan, gasoline cars will not be popular now and in the future. However, in Vietnam, there are still no strong incentive policies for electric cars.

"Personally, I think we have almost no policies on electric vehicles, only supporting registration fees and special consumption tax on electric cars.

Meanwhile, other countries have many preferential policies, paying attention to all 3 areas: Manufacturers; applying public investment policies to serve electric vehicle development, building infrastructure, charging stations and supporting customers and consumers.

"For example, in Europe, each country will have different incentive policies for customers, but somewhere, electric car buyers will be supported from 5,000 - 15,000 Euros.

In Korea, each person who buys an electric car will receive about 8,000 USD in support. The preferential policy from the Government shows that environmental protection needs to be done right now, creating favorable conditions right now, why haven't we done it yet?" - Mr. Tan said.

The Transport sector also aims to gradually limit and eventually stop the production, assembly, and import of cars and motorbikes using fossil fuels by 2040. By 2050, 100% of road motor vehicles and construction motorbikes will switch to using electricity and green energy.

Currently, electric vehicles are considered the future of transportation, as people in big cities increasingly prefer this type of vehicle. According to statistics from the Ministry of Transport, in 2023, there were more than 20,000 electric cars in use across the country.

Need strong enough incentive policies

Ms. Nguyen Thi Phuong Hien - Deputy Director of the Institute of Transport Strategy, Ministry of Transport - said that the Government's efforts on policies to support electric vehicle conversion should focus on supporting the construction of charging stations.

"In addition to policies to encourage electric vehicle manufacturers, especially domestic units, the Government needs to soon have a roadmap to stop the production and circulation of vehicles using fossil fuels. At that time, people also need to see the benefits of using electric vehicles, thereby deciding to use vehicles for the future," said Ms. Phuong Hien.

To encourage the production and use of electric cars, Mr. Pham Tuan Anh - Deputy Director of the Department of Industry, Ministry of Industry and Trade - proposed to develop preferential policies and outstanding investment support, aiming to attract investment in foreign direct investment (FDI) projects in the field of production and assembly of electric cars; focusing on car models not yet produced in countries in the region, targeting the export market...

At the same time, there is a policy of direct support from the State budget to reduce investment costs - especially costs of research and development; purchase and transfer of technology - for large-scale electric car production and assembly projects.

Anh Tuấn
RELATED NEWS

Coach Kim Sang-sik refuses to share about Dinh Bac's injury

|

On the afternoon of January 19, coach Kim Sang-sik attended a press conference before the 2026 AFC U23 Championship semi-final match between U23 Vietnam and U23 China.

The 14th Party Congress in the brilliant colors of flags and flowers in Hung Yen streets

|

Hung Yen - Hung Yen these days is brilliant with flags, flowers, banners, slogans, spreading a joyful atmosphere towards the 14th Party Congress.

Progress of the trillion-VND sea gate overpass project in Hue

|

HUE - The coastal road project and Thuan An sea gate overpass are being accelerated, expected to be completed in the second quarter of this year.

Bac Ninh brilliantly celebrates the 14th Party Congress with flags and flowers

|

Bac Ninh - Every commune and ward in the province is bustling with flags, flowers, banners, and propaganda slogans, towards the 14th National Party Congress.

Sidewalks in the center of Ho Chi Minh City change after the campaign to restore urban order

|

Ho Chi Minh City - After the Ho Chi Minh City Traffic Safety Board launched a campaign to rectify urban order, many central sidewalks have become airy, and the urban appearance has changed.

Hanoi organizes 8 large-scale outdoor military delivery points

|

Hanoi - The city organizes 8 large-scale outdoor delivery points at 8:00 AM on March 4, 2026.

12th grade students race for separate exams

|

Ho Chi Minh City - Besides the high school graduation exam, many 12th grade students are actively preparing for a series of separate exams at schools to expand admission opportunities.

Các nước rầm rộ tung chính sách ủng hộ xe điện

Anh Tuấn |

Nhiều nước trong khu vực và trên thế giới đã tung ra các chính sách để phát triển sản xuất, tiêu dùng xe điện trong nước, thúc đẩy giao thông xanh.

Cần chính sách đột phá khi xe điện hết ưu đãi phí trước bạ

Anh Tuấn |

Ưu đãi lệ phí trước bạ 0% với xe điện sắp kết thúc. Do vậy, các chuyên gia cho rằng cần thêm các chính sách đủ mạnh để phát triển xe điện trong tương lai.

Đề xuất giải pháp hỗ trợ chuyển đổi sang xe điện

Cẩm Hà |

Đại diện các doanh nghiệp vận tải, taxi cho rằng, cần có cơ chế hỗ trợ về mặt tư vấn chính sách và đặc biệt là giúp các doanh nghiệp taxi có thêm nguồn lực khi chuyển đổi sang xe điện.