Hanoi has directed municipal departments to implement government guidelines for classifying green projects, circular economy initiatives, and Environmental, Social, and Governance (ESG) frameworks, paving the way for eligible businesses to access interest rate subsidies.
The rapid expansion of electric vehicles (EVs) has raised a pressing need for Việt Nam to develop a synchronous grid and charging infrastructure and a step-by-step roadmap is critical to phrase out fossil fuel vehicles.
Vietnamese Prime Minister Pham Minh Chinh stressed that Vietnam considers green growth, together with digital transformation, the two core factors of growth, and will not accept the ‘growing first, tidying up later’ model.
Transport experts discussed how preferential policies for environmentally friendly cars and double-cabin pickup trucks, can create distinct competitive advantages during the green transition period.
Viet Nam has made significant strides in adapting to climate change, but the progress will remain far from over as long as global temperatures continue to rise.
Developing renewable energy resources is expected to help Vietnam reach its target of carbon neutrality by 2050, according to insiders.

Sign in to your account
