Hanoi, Aug. 13 -- As Vietnam's electric vehicle (EV) market is booming and not a "playground" of a single business, both domestic and foreign enterprises are accelerating to occupy this promising market. The market is seeing a strong investment inflow, from both domestic firms and international corporations. Recently, LG Energy Solution, a leading global battery manufacturer from the Republic of Korea (RoK), announced its plan to invest in an electric motorbike factory and charging station in the northern province of Phu Tho. The group's intention to invest in Vietnam through official development assistance (ODA) is considered as a positive sign for the domestic energy industry and green transport development. Facing the rising competitio...
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