HANOI: Deputy Prime Minister Le Van Thanh (pic) has asked the Ministry of Industry and Trade to study policies to promote the development of the domestic automobile industry, in line with the growing global trend towards electric cars.

       The request was in response to the proposal of the Vietnam Automobile Manufacturers’ Association (Vama).

       Vama said that Vietnam needed to have an automobile industry strategy in line with the growing global trend toward electric cars that contributes to Vietnam’s commitment to net-zero carbon emission at the United Nations Climate Change Conference (Cop26).

       Accordingly, Vama proposed an electric car development programme to be raised together with a roadmap to convert from fossil-fuel cars to electric cars and an action plan to implement Cop26 commitments.

       Vama also proposed policies to be raised for promoting the development of the part-supply sector for the automobile industry. There were 40 companies operating in manufacturing and assembling automobiles as of the end of 2020 with a total designed capacity of 755,000 units per year. — Viet Nam News/ANN