This technical report aims to build up the Fuel Economy (FE) database and the baseline establishment for passenger cars under 9 seats with the most up-to-date information and data available, which would serve as the basis for further development of mandatory FE standards in Viet Nam. The report conducted an assessment to car manufacturers, policy frameworks and international practices as well as identified fiscal incentives through fuel efficiency/CO2-based taxation with regard to shift the energy issues into an opportunity to unlock the market potential in Viet Nam. It also aims to provide guidance and insights to policymakers with relevant solutions, based on corresponding emission levels in the context that Viet Nam has made strong commitments in the most updated Vietnam’s Nationally Determined Contributions (NDC).
A report version in Vietnamese is available here
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