On July 2, 2025, the General Secretary of Vietnam and the U.S. President participated in a phone conversation to advance bilateral ties and finalize a trade agreement aimed at easing reciprocal tariffs. The two sides celebrated the positive momentum in Vietnam - U.S. relations and endorsed the newly agreed framework

Reported on March 14, 2025, Vietnam’s Deputy Prime Minister and various ministries are preparing a roadmap for applying standards to vehicle emissions, starting with cities and urban areas with high levels of air pollution, such as Hanoi and HCM.
The Ministry of Agriculture and Environment (MoAE) was asked by Deputy

Announced on March 3, 2025, the Vietnamese government has issued Decree No. 51/2025/ND-CP (dated March 1, 2025), allowing the continuation of a 0% registration fee for battery-powered electric cars from March 1, 2025, to February 28, 2027.
This is expected to contribute to reducing pollution from vehicle emissions wh

Reported on February 7, 2025, Vietnam’s industry experts anticipated a rise in EV purchase before the end of February 2025, as the exemption of the registration fees for electric vehicles will come to an end. 
From March 1, battery-powered electric vehicles (EVs) in Vietnam will be required to pay 50% of the fee appl

Reported on January 2, 2025, Vietnam’s Deputy Prime Minister stressed the importance of comprehensive actions of the government to tackle pollution issue, while encouraging transition from ICE vehicles to EVs.
During the meeting with related ministries and sectors, a report on policy proposals to support local EV man

Reported on November 30, 2024, the Vietnamese Ministry of Finance has proposed the continuation of tax incentive schemes for the auto part-supplying industry. 
Under the draft amendment to Decree No 26/2023/NĐ-CP dated May 31, 2023, about incentive import and export taxes, the tax incentives for the auto part-supplyi

Announced on October 8, 2024, the Philippines’ President and Vietnam’s Prime Minister, in a bilateral meeting in Vietnam, reaffirmed their commitment to enhance the strategic partnership between the 2 countries. The Philippines’ President said the official engagements and discussions between the 2 countries 2 years a

Reported on September 27, 2024, Vietnam’s car imports continued to increase despite the government’s announcement of a 50% cut in registration taxes for locally assembled vehicles.
Meanwhile, the rising sales of imported vehicles (compared to locally-made vehicles) have worried Vietnamese auto industry. This trend hi

Reported on August 30, 2024, the Vietnam’s government, once again, announced that registration fees for domestically produced and assembled cars will be temporarily cut by 50%.
Effective from September 1 to November 30, 2024, the Decree No. 109/2024/ND-CP said 50% reduction covers domestically produced and assembled

Reported on August 12, 2024, Vietnam’s government is preparing a subsidy scheme for EV charging stations’ electricity prices, which will be submitted to the central government for approval by September.
The government also stated that it will work on incentives for EV production and imports, and to encourage the swit

Announced on July 22, 2024, Pure Hydrogen, Australia has signed a Memorandum of Understanding (MOU) with the Vietnam ASEAN Hydrogen Club (VAHC), which will set out the framework for Pure Hydrogen to supply 5 buses from its leading fleet of hydrogen-powered passenger transport vehicles, along with associated hydrogen

Reported on June 28, 2024, Vietnam’s Ministry of Finance (MoF) has requested key departments reply to the proposal to extend the reduction of registration fees for locally manufactured and assembled cars, which would be effective from August 1, 2024, to January 31, 2025, if approved.
The MoF issued Official Dispatch

Announced on September 26, 2023, Vietnam’s Hai Duong province delegation, during the recent business trip in the U.S., met with Ford Motor and signed a memorandum of understanding (MOU) with the carmaker.
Both sides discussed and agreed on a solution to request the Vietnamese Government to remove some problems for Fo