With the opening of a new era of electric vehicles (EV), Vietnam plans to promote the use of green electricity for all vehicles by 2050, and plans to set up a large number of charging stations, igniting a huge potential of investment opportunities.
Prime Minister Pham Minh Chinh approved an action programme on green energy transformation in July to reduce carbon and methane emissions from the transport sector. According to the plan, from 2025, all buses in Vietnam must be EV or use green fuels; by 2030, they must run on electricity or green fuels; and by 2050, all vehicles should use electricity or green energy.
