The Government of Vietnam is aiming to electrify at least 50 per cent of its urban public transport fleet by 2030 as part of a broader strategy to enhance energy efficiency and security. The plan, issued by the Ministry of Industry and Trade Vietnam, focuses on accelerating the energy transition and promoting electric mobility across cities.
The roadmap includes targets to reduce energy consumption per unit of GDP by 1–1.5 per cent annually and achieve electricity savings of at least 3 per cent each year among major users. It also aims to cut total power losses to 5.8 per cent and requires large energy-consuming facilities to implement audits and energy management systems.
To support transport electrification, authorities will expand EV charging infrastructure, introduce incentives for production and adoption, and gradually transition public and government vehicles to cleaner energy sources. The Ministry of Construction Vietnam will integrate charging stations into urban planning, while the Ministry of Finance Vietnam will finalise financial incentives.
The policy comes amid rising global energy risks linked to geopolitical tensions, reinforcing Vietnam’s push to reduce dependence on imported fossil fuels. Additional measures include increasing domestic fuel supply capacity, promoting E10 biofuel, and introducing regulations for EV battery recycling by the third quarter.
