Vietnam Electric Vehicle Charging Infrastructure Market – Industry Size, Share, Trends, Opportunity, and Forecast, By Connector (CHAdeMO, Combined Charging System (CCS), GB/T, Tesla Supercharger, Type 1, Type 2), By Charging Level (Level 1, Level 2, Level 3 (DC Fast Charging)), By Vehicle (Two-Wheeler, Passenger Car, Commercial Vehicle), By Installed Location (Commercial, Residential), By Region, By Competition, 2020-2030F

Market Overview

The Vietnam Electric Vehicle Charging Infrastructure Market was valued at USD 30.94 million in 2024 and is expected to reach USD 43.34 million by 2030 with a CAGR of 5.78% during the forecast period.

Vietnam’s electric vehicle charging infrastructure market is evolving quickly under the influence of surging EV adoption. According to Vietnam’s Ministry of Transport, as of 2024, the country had over 80,000 registered electric vehicles, including cars, buses, and two-wheelers. This growing EV base has created urgent demand for expanding public and private charging networks, particularly in urban zones. National policies encouraging sustainable transport and emission reduction targets are compelling automotive manufacturers and energy providers to invest in charging networks. The synergy between domestic vehicle makers and global technology partners is fostering significant momentum in building a charging ecosystem capable of serving diverse consumer and commercial needs.

Growth in the market is driven by rising public interest in electric vehicles, fueled by government incentives and the entrance of local brands into the EV segment. Partnerships between automotive companies and real estate developers, retail networks, and power utilities are enabling rapid expansion of charging infrastructure in urban and semi-urban areas. For instance, Vietnam Electricity (EVN) reported that by late 2023, it had collaborated with VinFast and other firms to install over 150,000 charging points nationwide, including 40,000 AC and 3,000 DC fast chargers. The rollout is focused around Hanoi, Ho Chi Minh City, and expressway rest stops. Technological advancements in fast-charging solutions and the emergence of digital platforms for locating and managing charging sessions are transforming how users engage with charging services. Vietnam’s electricity sector is proactively planning grid enhancements to manage additional loads, creating opportunities for integration of renewable energy solutions into charging networks.

Despite encouraging progress, the sector faces hurdles, including the need for high capital investment in charging stations, uncertainties around return on investment, and variable charging standards across manufacturers. Consumer concerns about charging availability and speed remain barriers to faster EV adoption. Skilled workforce shortages challenge the installation and maintenance of modern charging technologies. The integration of charging networks with the national grid requires careful planning to avoid strain during peak demand. Despite these obstacles, confidence in the market remains strong, buoyed by Vietnam’s ambitious electrification agenda and growing consumer readiness to embrace sustainable transportation solutions.

Market Drivers

National Electrification Goals

Vietnam’s government has committed to reducing greenhouse gas emissions and transitioning toward sustainable transport, fueling the expansion of electric vehicle infrastructure. As per the National Power Development Plan VIII (PDP8), the Vietnamese government targets 50% of all vehicles sold by 2030 to be electric. To support this transition, PDP8 includes infrastructure development for EV charging as part of national grid upgrades, including investments in smart load management.

The Ministry of Industry and Trade outlines plans for significant EV adoption targets, with policies including tax incentives and investment facilitation for companies installing charging stations. This regulatory push creates confidence for both domestic and foreign players to invest in charging networks. Such policy frameworks support not only urban deployment but also the integration of EV chargers along highways and remote areas, broadening the market. The national strategy provides the backbone for long-term planning and market sustainability.

Rising EV Sales

Vietnam’s electric vehicle market is experiencing strong momentum, driven by increased consumer awareness of environmental benefits, government incentives, and new model launches by local manufacturers. Data from Vietnam’s Ministry of Industry and Trade indicates the EV parc surpassed 30,000 vehicles by the end of 2024 and is expected to exceed 320,000 by 2030. Growing adoption creates urgent demand for reliable charging infrastructure, with users seeking convenience and minimal downtime. Rising vehicle sales also encourage property developers, commercial establishments, and fleet operators to consider integrating charging solutions, ensuring broader access and fostering the charging market’s growth.

Technological Advancements in Charging

The EV charging industry in Vietnam is being reshaped by innovations such as high-capacity DC fast charging, smart charging solutions, and integration with digital platforms for real-time charger management. Fast chargers can reduce charging times significantly, making electric vehicles more practical for daily commuting and longer journeys. Digital technologies enable users to locate chargers, monitor charging sessions, and make payments seamlessly. These advancements are appealing to both private consumers and commercial operators who require efficient charging solutions to maintain operations. Technological innovation is a critical driver, pushing the market beyond basic infrastructure to intelligent, value-added services.

Strategic Partnerships Across Sectors

Vietnam’s EV charging market is witnessing collaborations between automakers, real estate developers, retail groups, and utilities. These partnerships accelerate charger deployment in commercial properties, residential complexes, shopping malls, and public spaces. Such collaborations help distribute infrastructure costs and ensure higher utilization rates, improving the economic viability of charging stations. Property owners see value in attracting eco-conscious customers, while automotive brands secure confidence among buyers who seek convenient charging. Cross-sector cooperation is instrumental in building a widespread and interconnected network that supports the country’s EV ambitions, creating opportunities for integrated business models and new revenue streams.

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Key Market Challenges

High Initial Investment Costs

Setting up EV charging infrastructure demands significant capital for equipment, site preparation, grid upgrades, and technology systems. DC fast chargers, which dramatically reduce charging times, are particularly costly and often financially viable only in high-traffic locations. Investors face uncertainty over user volumes and utilization rates, making return on investment less predictable in Vietnam’s still-maturing EV ecosystem. The upfront costs can deter smaller operators and delay the expansion of nationwide charging coverage. Financial hurdles also slow adoption in less urbanized areas where market potential is lower, but network availability remains critical for building consumer confidence in electric vehicles.

Grid Capacity and Load Management

Vietnam’s power grid is under increasing strain from rising electricity consumption, growing industrial demands, and expanding urbanization. Integrating high-capacity EV charging stations into local grids can trigger voltage fluctuations, transformer overloads, or blackouts if not managed effectively. Fast chargers, in particular, impose significant instantaneous loads that could disrupt local power stability. Energy providers must coordinate closely with charging operators to schedule power usage, incorporate smart load management systems, and upgrade infrastructure where necessary. Balancing national electrification goals with reliable grid performance presents a complex technical and financial challenge in the ongoing development of Vietnam’s charging network.

Standardization Issues

Vietnam’s EV charging market remains fragmented in terms of connector types, charging speeds, and communication protocols. Different manufacturers adopt various standards, creating uncertainty for consumers unsure whether public stations will be compatible with their vehicles. Charging operators must install multi-standard equipment, increasing costs and complicating maintenance. Lack of uniform standards also hinders seamless integration with digital platforms that track charger availability, session data, and billing. Harmonizing standards across vehicle brands and charger providers is crucial to support user confidence, simplify operations, and ensure the long-term efficiency of the charging ecosystem as Vietnam’s market continues to expand.

Key Market Trends            

Integration of Renewable Energy

Vietnam’s focus on sustainability extends to its EV charging sector, where operators increasingly consider integrating renewable energy sources like solar power into charging networks. This trend helps reduce dependence on the national grid, cut operational costs, and appeal to eco-conscious consumers. Rooftop solar installations paired with energy storage systems can power chargers during peak sunlight hours and mitigate demand charges. Renewable integration aligns with Vietnam’s broader environmental goals and positions charging providers as leaders in green innovation. As energy costs fluctuate and environmental awareness grows, renewable-powered charging stations may become a defining feature of the market’s evolution.

Growth of Digital Platforms

Digital transformation is reshaping how Vietnamese consumers engage with EV charging services. Mobile apps and online platforms allow users to locate chargers, reserve charging slots, monitor real-time charging status, and make electronic payments. Digital systems also enable operators to track utilization data, manage load distribution, and optimize maintenance schedules. These platforms enhance customer convenience and build confidence in EV adoption by making charging predictable and hassle-free. As Vietnam’s urban population becomes increasingly tech-savvy, digital solutions are emerging as critical differentiators for charging network operators, driving competition and innovation in service delivery.

Emergence of Ultra-Fast Charging

Vietnam’s EV charging landscape is seeing interest in ultra-fast chargers capable of delivering 150 kW or more, dramatically reducing charging times to as little as 15–30 minutes for significant range recovery. This innovation addresses consumer concerns about charging delays and supports electric vehicles for longer journeys and commercial fleet use. Deploying ultra-fast chargers requires significant grid upgrades and high investment costs, but the technology is gaining attention from operators looking to attract premium customers and fleet operators. The trend is setting new expectations for charging speed and convenience, influencing infrastructure strategies across the market. For instance, In 2022, ABB and Audi announced cooperation to advance EV adoption in Vietnam through installation of high-speed chargers. The project will equip dealerships and urban sites with advanced charging systems. This initiative supports luxury EV market growth while strengthening Vietnam’s charging infrastructure. The partnership signals confidence from global technology leaders in Vietnam’s electric mobility future.

Corporate Collaborations and Real Estate Partnerships

Vietnam’s EV charging network is expanding through collaborations between automotive brands, real estate developers, retail chains, and power utilities. These partnerships enable efficient deployment of chargers in shopping malls, residential buildings, office complexes, and highway rest stops. The Ministry of Industry and Trade (MOIT) announced in 2024 a pilot subsidy scheme to encourage private firms to build EV charging stations in industrial zones and commercial centers, offering land rent reductions and preferential electricity tariffs. For real estate owners, offering charging services adds value to properties and attracts environmentally conscious tenants and customers. Joint ventures help share costs, accelerate rollout timelines, and ensure sustainable revenue streams. Such partnerships are reshaping Vietnam’s urban landscape by embedding charging infrastructure into daily life, making EV adoption more practical and accessible for a wider population.

Focus on Energy Management Solutions

As EV charging demand grows, operators are adopting smart energy management systems to balance grid loads, reduce electricity costs, and prevent overloading. Advanced software can schedule charging during off-peak hours, adjust power output dynamically, and integrate with building energy systems. These technologies help optimize operational efficiency and align charging activity with grid capacity. In Vietnam, where grid reliability remains a concern, intelligent energy management offers a strategic advantage. Charging providers adopting these solutions position themselves as forward-looking service providers, capable of delivering reliable, sustainable, and cost-effective charging services in an evolving energy landscape.

Segmental Insights

Vehicle Insights

Vietnam’s electric vehicle charging infrastructure market caters to diverse vehicle segments, each with unique demands shaping infrastructure development. Two-wheelers, widely popular due to affordability and convenience, are adopting electric drivetrains at a growing pace, leading to demand for compact, lower-cost chargers suitable for residential and commercial installations. Passenger cars contribute significantly to charging requirements, driven by rising ownership among middle-income consumers who value both home charging convenience and accessible public networks for longer trips. As more models equipped with larger battery capacities enter the market, the emphasis shifts toward faster charging solutions to reduce downtime and enhance user confidence in electric mobility. Commercial vehicles, including delivery vans, buses, and light trucks, introduce additional complexity due to their higher energy needs and frequent use patterns. These vehicles require robust charging stations capable of handling higher power loads, often located strategically along logistics routes or at fleet depots to ensure minimal operational disruptions. The varying charging speeds and infrastructure preferences across these vehicle types influence how service providers plan investments, deploy technology, and strategize network placement. Operators must consider differing peak usage times, load management requirements, and technical standards to cater to the broad spectrum of vehicles on Vietnam’s roads. The blend of private users and commercial fleets creates a dynamic ecosystem where charging infrastructure evolves continuously to support diverse operational demands and the country’s transition toward electric transportation.

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Region Insights

In 2024, Southern Vietnam stands as a critical hub for the country’s electric vehicle charging infrastructure due to its urban density, high vehicle ownership, and rapidly growing economic activity. Cities in this region feature bustling commercial districts, residential complexes, and transportation networks where demand for public and private charging points is steadily increasing. The presence of large shopping centers, office buildings, and entertainment venues offers strategic locations for deploying chargers, allowing operators to capture consistent user traffic while integrating services seamlessly into daily routines. Southern Vietnam’s diverse mobility landscape, with passenger cars, electric scooters, and commercial fleets navigating congested urban streets, contributes to the demand for a versatile charging network capable of serving different vehicle types and charging speeds.

The region’s economic vitality encourages investment in new infrastructure, attracting partnerships between property developers, technology firms, and utility companies to accelerate deployment. High property values and limited urban space pose challenges, prompting innovative solutions such as integrated charging systems in parking structures or roadside facilities. Electric two-wheelers, favored for navigating tight city spaces, contribute to strong demand for lower-capacity chargers, while emerging commercial electric fleets drive interest in faster charging technologies. The vibrant business environment fosters competition among charging providers, stimulating technological advancements and higher service standards. Consumers in Southern Vietnam are increasingly willing to adopt digital tools to locate and manage charging sessions, reflecting a tech-savvy culture aligned with the region’s fast-paced development. These dynamics ensure that Southern Vietnam remains central to Vietnam’s strategy for scaling electric mobility infrastructure, serving as both a testing ground and growth engine for the country’s electric vehicle ecosystem.

Northern Vietnam’s electric vehicle (EV) charging infrastructure market is expanding rapidly, driven by urbanization, rising EV adoption, and government decarbonization goals. Hanoi, the region’s EV hub, is witnessing the rollout of public charging stations at shopping malls, parking lots, and bus depots, led by firms like VinFast and Vietnam Electricity (EVN). The government’s Power Development Plan VIII supports grid upgrades and smart charging integration to handle rising EV load. With growing electric bus fleets and new private EV models entering the market, demand for fast-charging and battery-swapping stations is surging, positioning Northern Vietnam as a strategic region for EV infrastructure growth.

Recent Developments

• In March 2024, VinFast’s founder launched V-Green, a new company focused on developing electric vehicle charging networks across Vietnam. V-Green aims to expand high-speed charging stations, supporting VinFast’s vehicle sales and improving charging access for all EV users. The initiative reflects Vietnam’s rising demand for modern charging infrastructure. This move highlights local industry efforts to lead the country’s transition toward sustainable transportation solutions.
• In March 2025, Japanese company Jigowatts announced plans to enter Vietnam’s EV charging sector, introducing innovative battery storage-integrated chargers. Jigowatts aims to address grid stability challenges while delivering rapid charging capabilities. The company’s technology could significantly improve charging efficiency in urban areas. This move signals growing international interest in Vietnam’s fast-developing EV ecosystem.
• In January 2025, V-Green and Etreego signed an MoU to develop 100,000 VinFast-compatible charging portals across Vietnam, Indonesia, and the Philippines. The collaboration aims to standardize charging solutions and expand network coverage for regional EV users. This partnership is expected to accelerate Southeast Asia’s electric mobility transition. The plan underscores Vietnam’s role as a regional leader in sustainable transport.
• In 2023, Charge+ and CapitaLand Development Vietnam announced a partnership to install EV chargers in commercial and residential properties. The collaboration aims to integrate charging infrastructure into urban developments, enhancing convenience for residents and businesses. This venture highlights real estate’s role in supporting EV adoption. It demonstrates how property firms are contributing to Vietnam’s electrification goals.

Key Market Players

• ABB
• Charge+
• ChargeVN
• Dat Charge
• EBOOST
• EVN (Vietnam Electricity)
• VinFast
• VMT Group
• Wallbox
• Xiaomi

Report Scope:

In this report, the Vietnam Electric Vehicle Charging Infrastructure Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Vietnam Electric Vehicle Charging Infrastructure Market, By Connector:

o    CHAdeMO

o    Combined Charging System (CCS)

o    GB/T

o    Tesla Supercharger

o    Type 1

o    Type 2

·          Vietnam Electric Vehicle Charging Infrastructure Market, By Charging Level:

o    Level 1

o    Level 2

o    Level 3 (DC Fast Charging)

·         Vietnam Electric Vehicle Charging Infrastructure Market, By Vehicle:

o    Two-Wheeler

o    Passenger Car

o    Commercial Vehicle

·         Vietnam Electric Vehicle Charging Infrastructure Market, By Installed Location:

o    Commercial

o    Residential

·         Vietnam Electric Vehicle Charging Infrastructure Market, By Region:

o    Southern Vietnam

o    Northern Vietnam

o    Central Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Vietnam Electric Vehicle Charging Infrastructure Market.

Available Customizations:

Vietnam Electric Vehicle Charging Infrastructure Market report with the given market data, TechSci Research, offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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