Topic: electric car

Provincial delegation visiting the US to introduce its foreign investment attraction policies.

According to consultants Dezan Shira & Associates, with a rapidly-growing population, expanding middle class, and growing environmental awareness, Vietnam holds promise as a strategic market for electric vehicle manufacturers. It also has priority policies for the development of such vehicles, including exemptions on registration fees for three years from March 2022, while special consumption tax rates will be 1-3 per cent for five years.