According to a report released on July 3 by Vietnam's Statistics Office under the Ministry of Finance, domestic manufacturers produced an estimated 368,100 new motorcycles in June. Output was unchanged from May but surged 23.5% compared with the same month in 2025.

In total, domestic manufacturers supplied 2,082,300 new motorcycles to the market during the first six months of 2026, up 32.9% year-on-year. The industry therefore surpassed the 2 million-unit mark within just six months, setting a new production record for Vietnam's motorcycle manufacturing sector.

In the second quarter alone, manufacturers produced 1.118 million motorcycles, up 16.0% from the first quarter and 32.6% higher than in the second quarter of 2025. The figures indicate that motorcycle supply in Vietnam remains abundant and is well positioned to meet consumer demand during the third quarter, traditionally regarded as the market's peak season.

Vietnam's motorcycle market is no longer dominated solely by the five members of the Vietnam Association of Motorcycle Manufacturers (VAMM): Honda, Yamaha, Piaggio, Suzuki and SYM. Over the past few years, the rapid expansion of electric motorcycle manufacturers has created a new competitive force that is gradually reshaping the industry.

Among the most prominent names are VinFast, Yadea, Pega, Selex Motors, Dat Bike and Before All. These companies have continued to launch new models while investing heavily in manufacturing facilities, expanding distribution networks and strengthening service ecosystems with charging stations, battery-swapping stations, service centers and dealer networks across the country.

As the transition toward electric mobility gathers pace, electric motorcycle manufacturers are steadily narrowing the gap with traditional brands. The shift is increasing competitive pressure on companies that have dominated Vietnam's motorcycle market for many years.

Hoang Hiep