US should extend EV tax benefits to Vietnam, says business lobby for SE Asia

US should extend EV tax benefits to Vietnam, says business lobby for SE Asia

FILE PHOTO: People walk next to a VinFast logo on a screen during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake/File Photo

The United States should extend electric vehicle tax credit benefits to Vietnam if it wants to encourage a landmark investment from the country in US-based manufacturing, the head of the main US business lobby for Southeast Asia said.