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Vietnam eyes foreign investment to boost electric vehicle industry

Prime Minister Pham Minh Chinh wants Vietnam to attract major investors from all over the world to develop the electric vehicle industry, according to an official document issued by the Government’s Office on January 26.
Vietnam eyes foreign investment to boost electric vehicle industry ảnh 1Vinfast's electric vehicle production. (Photo: VNA)

Hanoi (VNA) – Prime Minister Pham Minh Chinhwants Vietnam to attract major investors from all over the world to develop theelectric vehicle industry, according to an official document issued by theGovernment’s Office on January 26.

The issuance came following a proposal from Vietnamese carmakerTMT Motors to the PM outlining a number of recommended solutions to drawglobal investors’ attention into the emerging sector and make Vietnam anexporter of electric vehicles over the next five years.

In the document, PM Chinh assigns the Minister of Industryand Trade to discuss the proposal with the TMT Motors to come up with acomprehensive set of measures to develop the industry and advise the PM on theissue./.

VNA
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