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

Long Thanh airport lacks labor

|

Dong Nai - Long Thanh Airport is targeted to be put into commercial operation in the fourth quarter of 2026, but still faces difficulties due to labor shortages.

7 consecutive earthquakes border Da Nang and Quang Ngai

|

Quang Ngai - In two days, there have been at least 7 consecutive earthquakes in the mountainous area.

U17 Laos vs U17 Malaysia live in the semi-finals of the 2026 Southeast Asia tournament

|

Live football match U17 Laos vs U17 Malaysia in the semi-finals of the 2026 U17 Southeast Asian Championship at 3:30 PM today (April 22).

President Trump warns of the possibility of the US continuing airstrikes on Iran

|

President Donald Trump said that the US does not want to extend the ceasefire with Iran and can still continue airstrikes.

Dong Nai fireworks display in 12 wards on the occasion of April 30th

|

Dong Nai fireworks display on April 30th holiday in Tran Bien ward, Binh Phuoc ward and 10 new wards.

The Inspection Committee of the Journalists Association highly appreciates the operating results of the Journalists Association of Lao Dong Newspaper

|

According to the annual inspection and supervision plan for 2026, on April 22, the Inspection Board of the Vietnam Journalists Association had a working session with the Journalists Association of Lao Dong Newspaper.

Many Meritorious Artists and People's Artists have quit their profession and become freelancers due to injuries

|

National Assembly Deputy Trinh Thuy Mui shared that many artists who are proficient in their profession, meritorious artists, and people's artists have quit their profession and gone to other freelance jobs.

Long Thanh Airport recruits 400 personnel for commercial operation at the end of 2026

|

Dong Nai - Airports Corporation of Vietnam (ACV) is recruiting 400 personnel to work at Long Thanh airport when this project goes into commercial operation at the end of 2026.

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.