In the final months of the year, Vietnam’s locally assembled car output surged dramatically, setting a new monthly production record and ensuring abundant market supply just ahead of the Lunar New Year.

According to a recent report by the General Statistics Office under the Ministry of Finance, an estimated 76,186 new vehicles-both domestically produced and imported-were added to the Vietnamese market in December 2025. This marked a 12.8% increase compared to November (67,550 units).

Of this total, domestic car production in December alone was estimated at 60,700 units-an increase of 23.4% from November and a striking 57.5% jump from December 2024. This figure represents the highest monthly production ever recorded in Vietnam’s auto manufacturing history, underscoring the significant efforts of local automakers.

For the full year of 2025, domestic manufacturers rolled out an estimated 484,500 vehicles-up 39.1% from the same period in 2024. This also marked the highest annual output ever for Vietnam’s domestic auto industry.

In terms of fully imported vehicles, December saw an estimated 15,486 units brought into Vietnam, with a total import value of USD 406 million. This represents a 15.6% decrease in volume and a 10.7% drop in value compared to November (18,350 units worth USD 455 million). However, compared to December 2024, imported vehicles still saw a 21.1% rise in volume and a 35.2% increase in value.

Throughout 2025, Vietnam imported an estimated 206,628 completely built units (CBUs), with a total import value of approximately USD 4.74 billion. This reflects a 19.1% increase in quantity and a 31.1% rise in value compared to 2024.

The data suggests a clear trend: auto importers are increasingly prioritizing higher-value vehicles rather than focusing on lower-cost models.

Vietnam’s auto market has entered its most vibrant phase of the year-end shopping season. At the same time, it is experiencing an unprecedented wave of discounts and promotions from automakers and dealers.

This is considered a “golden time” for consumers to make purchases, as abundant supply and pressure to clear out old inventory have driven manufacturers and dealerships to offer unusually deep incentives to stimulate demand.

Hoang Hiep