<![CDATA[Existing developmental state scholarship explains how states promote strategic industries through selective intervention, coordination, and upgrading support. However, it pays less attention to how these approaches are adapted when industrial transformation centers on green industries that must simultaneously achieve competitiveness, sustainability, and global market integration. This study examines how Vietnam has structured state support for electric mobility through VinFast. It employs a qualitative desk review of policy and legal documents, incentive frameworks, and corporate and international reports published between 2016 and 2024, using systematic screening, triangulation, and thematic coding aligned with the New Developmental State Model framework. The findings show that Vietnam has framed electric mobility through integrated objectives combining domestic manufacturing expansion, export orientation, and green transition targets, while positioning VinFast as the lead firm responsible for achieving scale and competitiveness. The government has implemented a comprehensive intervention package that reduces investment risk and stimulates demand, including corporate tax incentives in strategic economic zones, import-duty exemptions for components, consumer-side tax and fee reductions for battery electric vehicles, and protective measures for domestic assemblers. Spatial industrial policy and supplier development initiatives further support localization goals. This case contributes to the developmental state literature by demonstrating how contemporary state-led industrial strategies can be organized around green industries. At the same time, it highlights a key governance tension: rapid, firm-centered scaling does not necessarily translate into broader industrial capability development.]]>
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