In the last few decades, electric vehicles have become an international trend. The effects of global warming, the exhaustion of natural resources, especially fossil fuels, together with the significant developments of electric vehicles in both engine technology and design has most likely helped them become more preferential vehicles.
In Vietnam, electric motorbikes and cars have been well established since the 2000s, however, this industry has recently seen positive and strong improvements, as well as attracting remarkable investments from reputable enterprises in recent years.
Fuso (Diamler Group – German) announced that according to their plan, by 2019, it will launch an electric-motor truck into the world market, including Vietnam.
Electric-support bikes have become a popular means of delivery from the beginning of this year, thanks to LEL Express (delivery unit under Lazada Vietnam). The company has the ambition that by the end of 2018, 30% of their goods in major cities will be delivered by electric vehicles.
In addition, many construction and maintenance projects for electric charging stations are also in progress, ensuring the most convenient transportation conditions for electric vehicles.
With noticeable investment sources from domestic and international enterprises, along with the growing interest from the public, the electric vehicle industry will undoubtedly have a great future in Vietnam.
The Vietnamese cosmetics market is considered a high-potential sector in beauty and personal care, attracting increasing interest from foreign investors in recent years. With one of the fastest growth rates in the region, Vietnam’s cosmetics retail market is projected to have a Compound Annual Growth Rate (CAGR) of 3.32% from 2023 to 2027, reaching an
On 10th May 2023, the European Parliament and the Council of the European Union (EU) issued Regulation (EU) No. 2023/956 on Establishing a Carbon Border Adjustment Mechanism (CBAM) (“the Regulation”) as a key instrument to advance the EU’s goal of climate neutrality by 2050. The implementation of CBAM has far-reaching impacts on exporting countries to
Vietnam’s e-commerce market is experiencing rapid growth, making it an increasingly attractive destination for foreign investors. In 2024, the market size is estimated to reach $22 billion, marking an 18% increase compared to 2023, and placing Vietnam among the top three e-commerce markets in Southeast Asia, following Indonesia and Thailand. By 2030, the market is
