Green Economy

The plant, invested in by Vinfast, has a designed capacity of up to two million vehicles per year.

Vietnam’s fertilizer industry is accelerating its green transition, balancing environmental demands with productivity, competitiveness, and long-term sustainability.

The move is seen as a strategic step toward gradually replacing fossil fuels, strengthening energy security, and delivering on Vietnam’s commitment to achieve net-zero emissions by 2050.

The northern province prioritizes attracting high-tech and environmentally friendly projects that offer high added value, strong spillover effects, and the potential to establish new manufacturing ecosystems.

To achieve this goal, the capital city is developing mechanisms and policies to encourage and support taxi companies in proactively converting their fleets.

Projects that yield positive environmental impacts, contribute to greenhouse gas emission reductions, and demonstrate resource efficiency are highly encouraged by the central city.