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Blog Articles

Electric car charging station will be more profitable than selling gasoline

by Nga Dinh on June 7, 2022
Petroleum Company BP says that fast charging stations tend to be more profitable than selling gasoline for cars. Charging electric vehicles for the past few years has remained a losing business for both BP and its competitors, while costly investments have been made to expand the system. This situation is expected to reverse, although it […]
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New electric car options for Vietnamese consumers in 2022

by David Lang on June 7, 2022
Vietnam's market is expected to receive a number of new electric car models in 2022 from VinFast, Kia and Mercedes-Benz. Vietnam's electric vehicle market is promised to be more exciting in 2022 as from March 1, the first registration fee for battery electric cars will be 0%. Meanwhile, the excise tax on battery electric cars […]
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Policy recommendations for the development of the automobile - electric vehicle industry in Vietnam

by Long Nguyen on June 7, 2022
The explosion of electric vehicles has created a rare opportunity for Vietnam to strengthen its position in the global automotive value chain. Recently, the United Nations Development Programme (UNDP) in Vietnam has conducted a report on the supply chain of the automobile - electric vehicle industry to re-evaluate the impact of the COVID-19 epidemic on […]
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Development of electric vehicles: Vietnam needs to formulate policies soon

by Long Nguyen on June 7, 2022
It is necessary to soon have policies to consider reducing import tax on components for electric vehicles, supporting related infrastructure such as land allocation, land use tax exemption and reduction for automobile factories, etc. Many countries support the development of electric vehicles. Currently, the strong socio-economic development is leading to an increase in the number […]
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Vietnam FDI in May

by David Lang on June 4, 2022
Despite the global pandemic and the world’s volatile situation, Vietnam remains an attractive destination for Foreign Direct Investment (FDI) in the year 2022. After a long period of being affected by COVID-19, Vietnamese society and economy have adapted to the new normal, taking advantage of the open policies from 2021. Therefore, an increase in FDI […]
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GDP used to be ranked 60/95, how does Vietnam gradually become the new Asian Tiger?

by Nga Dinh on June 4, 2022
The World Bank describes Vietnam as one of the most dynamic and emerging countries in the entire East Asia region. Thereby, Business Times also identifies that Vietnam completely deserves the title of "the new Asian Tiger". Currently, Korea, Singapore, Hong Kong and Taiwan (China) are known as the Four Asian Tigers in the economic development. […]
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Founded in 2009, Viettonkin Consulting is a multi-disciplinary group of consulting firms headquartered in Hanoi, Vietnam with offices in Ho Chi Minh City, Jakarta, Bangkok, Singapore, and Hong Kong and a strong presence through strategic alliances throughout Southeast Asia. Our firm’s guiding mission is aimed towards facilitating intra-ASEAN investments and connecting investors in Southeast Asia with the rest of the world, thus promoting international business relationships and strengthening inter-nation connections.
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