Electric Vehicles: Vietnam’s Golden Opportunity at the Crossroads

1. The Irreversible Shift: From Gasoline to Electricity

In the last three years, Vietnam’s vehicle market has witnessed an unprecedented shift:

• Consumers are becoming increasingly interested in emission-free vehicles

• Fuel costs are rising, while electric charging costs are a fraction of gasoline prices

• Major cities like Hanoi and Ho Chi Minh City propose to ban gasoline-powered motorbikes in their inner districts by 2030

And VinFast, with its comprehensive electric vehicle ecosystem, is not just riding this wave – it’s creating it.

2. VinFast: From the “Make in Vietnam” Strategy to a Global Vision

Unlike foreign brands that simply import vehicles for distribution, VinFast makes strategic investments in manufacturing, design, charging station development, and after-sales services. Some of VinFast’s notable strengths include:

• Vietnam’s largest charging station ecosystem: covering provinces, cities, urban areas, and highways

• Diverse range of products: from electric scooters for students to premium electric SUVs like the VF8 and VF9

• Flexible battery rental policies, long-term warranties, and low maintenance costs

• Software infrastructure and apps for a seamless user experience

All of this demonstrates that VinFast is not just selling electric vehicles, but building a modern, electrified transportation platform.

3. Electric Vehicles: An Intermediate Solution and a Long-Term Strategy

• Smooth and quiet operation at a low cost

• Suitability for urban environments

• Reduced emissions, especially in pollution hotspots like Hanoi

VinFast is the only brand in Vietnam with the capacity to support millions of people in making the transition from gasoline to electricity with ease.

4. Policy Boost and VinFast’s Timely Arrival

Policies such as the exemption of registration fees for electric vehicles, priority given to charging station development, and support for the electrification of public transport have created an ideal “runway” for VinFast to take off.

While international brands were waiting for opportunities, VinFast persisted and invested in electrification infrastructure for years.

5. From Vietnam to the World – VinFast Leads and Inspires

The image of a Vietnamese automotive brand going global, listing on the US stock exchange, and debuting at CES Las Vegas carries not just economic significance but also inspires a vision of a Vietnam that masters technology and shapes its transportation future. As Vietnam stands at the crossroads of gasoline, electricity, and public transport, VinFast is the guiding light, helping Vietnamese consumers turn towards a greener, cleaner, smarter, and more culturally rich path.

TH (Tuoitrethudo)