Vietnam eyes foreign investment to boost electric vehicle industry

The issuance came following a proposal from Vietnamese carmaker TMT Motors to the PM outlining a number of recommended solutions to draw global investors’ attention into the emerging sector and make Vietnam an exporter of electric vehicles over the next five years.

In the document, PM Chinh assigns the Minister of Industry and Trade to discuss the proposal with the TMT Motors to come up with a comprehensive set of measures to develop the industry and advise the PM on the issue.