Note: Our Incentive Finder tool currently covers U.S. federal and state programs only. This page is a standalone guide to Vietnam's incentives โ use the sections below directly.
๐ Quick Summary
- Registration fee (trฦฐแปc bแบก) exemption: 0% for battery EVs, confirmed through December 31, 2030
- Special consumption (excise) tax: reduced 1%โ3% rate for BEVs vs. the standard 4%โ11% bracket โ but the extension to 2030 is still pending National Assembly approval
- No national cash rebate โ incentives are fee/tax-based only
- The market is overwhelmingly domestic: VinFast holds well over a third of the entire new-car market, not just the EV segment
- V-Green (VinFast's charging arm) is deploying a large national fast-charging network
๐ฐ Registration Fee & Excise Tax
Vietnam has never had a national cash-back rebate for EV buyers. Instead, the incentive comes from what you don't pay: registration fees and a reduced excise tax bracket.
Active & extended
Registration Fee (Trฦฐแปc Bแบก) Exemption
0% through 2030
Battery EVs paid 0% first-registration fee from March 2022โFebruary 2025, then 50% of the standard rate during a transition period. A Ministry of Finance decree issued in June 2026 restores the full 0% exemption through December 31, 2030.
Reduced rate active, extension pending
Special Consumption (Excise) Tax
1%โ3%
BEVs are taxed at 1%โ3% versus the standard 4%โ11% bracket, in effect since March 2022. The government has proposed extending this reduced rate through 2030, but that extension still needs National Assembly approval โ the current reduced rate is otherwise due to expire in February 2027.
Both measures are administered by the Ministry of Finance, with charging-related electricity pricing rules set by the Ministry of Industry and Trade (MOIT).
๐ Market Snapshot: The VinFast Story
Vietnam's EV market is unusual โ it's driven almost entirely by domestic manufacturing rather than imports. VinFast delivered 175,099 EVs in Vietnam in 2025, up from roughly 7,000 in 2022. In July 2026, VinFast alone held 36.9% of the entire new-vehicle market (not just EVs), and hit a record 39% brand share in March 2026. Its top-5 sales chart has been 100% VinFast models in five of the past six months.
| Model | Segment | Approx. price (VND) |
|---|
| VF 3 | Mini | 299M โ 323M |
| VF 5 | A-SUV | 529M โ 537M |
| VF 6 | B-SUV | 689M โ 767M |
| VF 7 | Mid SUV | 789M โ 1.031B |
| VF 8 | Large SUV | 1.019B โ 1.211B |
| VF 9 | Full-size SUV | 1.499B โ 1.743B |
โก Charging Infrastructure
V-Green, VinFast's charging arm, announced in March 2026 a plan to build 99 fast-charging stations across 34 provinces โ up to 100 charging points per station, with 150 kW capability enabling roughly 15-minute charges, backed by an investment of around 10 trillion VND (~โฌ330 million) using renewable power. As of the announcement, this network was still in active deployment rather than fully built out.
Exact public per-kWh charging pricing for the domestic Vietnamese network wasn't independently confirmed for this guide โ check current V-Green pricing directly before budgeting a trip.
โ FAQ
Is the excise tax extension to 2030 confirmed?
Not yet. It's a government proposal still awaiting National Assembly approval. The current 1%โ3% reduced rate remains active in the meantime and is otherwise due to expire in February 2027 absent that approval.
Is there a cash rebate for buying an EV in Vietnam?
No. Vietnam's incentives work through fee and tax exemptions rather than a direct cash rebate โ there's no national purchase credit to apply for.
Why is almost every EV on Vietnamese roads a VinFast?
VinFast is a domestic manufacturer benefiting from local production incentives and has captured the overwhelming majority of the EV segment โ and a large share of the overall new-car market โ well ahead of imported competitors.
Disclaimer: Incentive programs and tax rates change frequently. Verify current details directly with Vietnam's Ministry of Finance and Ministry of Industry and Trade before making a purchase decision. ElectricNiverse.com provides educational information and is not responsible for program changes.
Last updated: August 22, 2026 ยท Sources: Ministry of Finance (Vietnam), Ministry of Industry and Trade (MOIT), VnExpress, VietnamNet, Gurufocus, Best Selling Cars Blog, Electrive