Under a draft resolution currently open for public feedback by the municipal People’s Committee, residents with permanent or temporary residence registration in Hanoi for at least two consecutive years, who own petrol-powered motorbikes registered before the resolution takes effect, will be eligible for support when purchasing electric motorbikes priced at 10 million VND or more.
An increasing number of Vietnamese people, especially youths and those living in major urban areas, are gradually switching from traditional petrol-powered motorbikes to electric vehicles that better suit their daily commuting needs.
Responding to Prime Minister Pham Minh Chinh’s new directive on limiting the circulation of fossil fuel-powered motorbikes within Hanoi’s Ring Road 1 starting July 1, 2026, Hanoi is drafting a support mechanism to help replace approximately 450,000 such vehicles currently operating within its core area.