According to a report released on September 3 by the National Statistics Office under the Ministry of Finance, an estimated 66,346 new vehicles, including both domestically produced and imported cars, were added to the Vietnamese market in August 2026, down 8% from 72,086 units in July.

Of the total, 47,000 vehicles were produced and assembled domestically in August, up 5.9% from the previous month and 24.3% from August 2025.

In the first eight months of 2026, domestic automakers produced an estimated 371,500 new vehicles, an increase of 24.0% from the same period in 2025.

While domestic vehicle production and assembly edged up, car imports fell sharply in August after three consecutive months of growth.

Businesses imported an estimated 19,346 vehicles in August, with a total value of US$450 million.

The figures represented a decline of 30.1% in volume and 24.7% in value from the previous month, when 27,686 vehicles worth US$597.25 million were imported, according to the Customs Department.

Despite the month-on-month decline, vehicle imports into Vietnam were still up 19.2% in volume and 24.4% in value compared with August 2025.

Statistics also showed that an estimated 168,033 completely built-up vehicles were imported into Vietnam in the first eight months of 2026, with a total value of US$3.905 billion, up 22.0% in volume and 29.5% in value from the same period last year.

Hoang Hiep