Vietnam Vehicle-to-Grid Market Size, Share, Trends and Forecast by Solution Type, Vehicle Type, Charging Type, Application, and Region, 2025-2033

Vietnam Vehicle-to-Grid Market Overview:

The Vietnam Vehicle-to-Grid market size reached USD 23.10 Million in 2024. The market is projected to reach USD 358.80 Million by 2033, exhibiting a growth rate (CAGR) of 31.56% during 2025-2033. The market is driven by government policy support and infrastructure expansion initiatives, grid integration and smart charging technology advancement, and commercial fleet adoption with V2G technology development. Apart from this, the government's commitment to net-zero emissions by 2050 under the National Green Growth Strategy is accelerating the Vietnam vehicle-to-grid market share.

Vietnam Vehicle-to-Grid Market Trends:

Government Policy Support and Infrastructure Expansion

The Vietnamese government has implemented comprehensive policy frameworks to accelerate electric vehicle adoption and supporting infrastructure development, creating a favorable environment for vehicle-to-grid technology integration. The government's commitment to net-zero emissions by 2050 under the National Green Growth Strategy has positioned EV charging infrastructure as a critical component of sustainable mobility. Vietnam’s updated Power Development Plan VIII (PDP8), approved in 2025, sets a goal for 50% of all vehicle sales to be electric by 2030, prompting major investments in grid modernization to handle growing charging demand. The International Energy Agency (IEA) has advised the country to install 100,000 to 350,000 charging stations within the next 15 years, ensuring roughly one station for every ten EVs. Key policy measures include registration fee exemptions for Battery Electric Vehicles for the first three years and 50% fee reduction for the next two years under Decree 10/2022. The infrastructure expansion is further supported by electricity subsidies for charging stations and national technical regulations for EV charging stations that became effective June 15, 2025, mandating safety and interoperability standards.

Grid Integration and Smart Charging Technology Advancement

Vietnam's electricity grid infrastructure is undergoing significant modernization to accommodate the growing demand for electric vehicles and vehicle-to-grid technology integration. Backed by the updated Power Development Plan VIII (PDP8) and supportive measures such as electricity subsidies for EV chargers, the industry is targeting 100,000 to 350,000 charging stations by 2030 to accommodate an expected fleet of 1 million electric vehicles. The country has substantial potential for renewable energy sources such as wind and solar power to provide clean electricity for the EV industry, making it well-positioned for grid integration technologies. Smart charging solutions are being developed by local companies like Nova Energy, which showcased the NVCharge smart electric vehicle charging solution at Innovate Vietnam 2024. This intelligent system offers high compatibility, fast charging, and smart energy management capabilities that not only meet current charging needs but also contribute to efficient energy distribution. The Vietnam Vehicle-to-Grid market growth is being accelerated by these technological advances that enable bidirectional energy flow between electric vehicles and the power grid.

Vietnam Vehicle-to-Grid Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecast at the country and regional levels from 2025-2033. Our report has categorized the market based on solution type, vehicle type, charging type, and application.

Solution Type Insights:

• Electric Vehicle Supply Equipment (EVSE)
• Smart Meters
• Home Energy Management (HEM) Systems
• Software Solutions

The report has provided a detailed breakup and analysis of the market based on the solution type. This includes electric vehicle supply equipment (EVSE), smart meters, home energy management (HEM) systems, and software solutions.

Vehicle Type Insights:

• Battery Electric Vehicle (BEV)
• Fuel Cell Electric Vehicle (FCEV)
• Plug-In Hybrid Electric Vehicle (PHEV)

A detailed breakup and analysis of the market based on the vehicle type have also been provided in the report. This includes battery electric vehicle (BEV), fuel cell electric vehicle (FCEV), and plug-in hybrid electric vehicle (PHEV).

Charging Type Insights:

• Unidirectional Charging
• Bidirectional Charging

The report has provided a detailed breakup and analysis of the market based on the charging type. This includes unidirectional charging and bidirectional charging.

Application Insights:

• Peak Power Sales
• Spinning Reserves
• Base Load Power
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes peak power sales, spinning reserves, base load power, and others.

Regional Insights:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Vehicle-to-Grid Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam Vehicle-to-Grid market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam Vehicle-to-Grid market on the basis of solution type?
• What is the breakup of the Vietnam Vehicle-to-Grid market on the basis of vehicle type?
• What is the breakup of the Vietnam Vehicle-to-Grid market on the basis of charging type?
• What is the breakup of the Vietnam Vehicle-to-Grid market on the basis of application?
• What is the breakup of the Vietnam Vehicle-to-Grid market on the basis of region?
• What are the various stages in the value chain of the Vietnam Vehicle-to-Grid market?
• What are the key driving factors and challenges in the Vietnam Vehicle-to-Grid market?
• What is the structure of the Vietnam Vehicle-to-Grid market and who are the key players?
• What is the degree of competition in the Vietnam Vehicle-to-Grid market?

Key Benefits for Stakeholders:

• IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam Vehicle-to-Grid market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam Vehicle-to-Grid market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam Vehicle-to-Grid industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.