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Update news vietnam's automobile market
Vietnam's auto market recorded a sharp increase in vehicle recalls during the first half of 2026, with Hyundai, Mitsubishi, Ford and Toyota accounting for the largest campaigns.
Vietnam's auto market grew 15% in the first half of 2026, while June sales rebounded modestly after two consecutive months of decline, according to the Vietnam Automobile Manufacturers' Association.
A global airbag defect associated with at least 40 deaths continues to affect thousands of vehicles in Vietnam, prompting a renewed safety warning.
Vietnam’s electric vehicle (EV) market has entered a strong growth phase, with nearly 375,000 EVs (excluding motorbikes) on roads nationwide as of the end of May, according to the Ministry of Construction.
The number of new vehicles entering Vietnam's automotive market reached a record high in June, with domestically manufactured cars continuing to outnumber imported vehicles by a wide margin.
Plunging sales, discontinued models, and growing pressure from the rise of high-riding vehicles all point to an undeniable reality: Vietnamese consumers are gradually turning away from C-segment sedans.
Hybrid vehicle sales in Vietnam nearly doubled in the first five months of 2026 as consumers embrace fuel-saving technology.
Vietnam's automobile market continued to show signs of cooling in May, even as manufacturers and dealerships rolled out a series of aggressive discount campaigns aimed at stimulating demand.
The price of many used cars have dropped by tens of millions of VND, yet purchasing power remains weak. Sellers report that caution surrounding costs and changes in fuel usage continue to keep the market sluggish.
Vietnam imported more than 72,000 completely built-up vehicles in the first four months of 2026, with Chinese-made cars recording the fastest growth among major suppliers.
Vietnam faces a critical choice - streamline regulations or risk weakening its long-term automotive industry ambitions.
Vietnam’s automobile market recorded a notable slowdown in April despite aggressive discount campaigns and large-scale promotional offers from automakers and dealerships.
Vietnam’s automotive market continued to receive a strong supply of new vehicles in April, with domestically produced cars clearly outpacing imports.
Vietnam’s automobile market is witnessing a strong surge in hybrid vehicles, both in terms of quantity and quality, as more fuel-efficient and increasingly affordable models continue to enter the market.
On April 4, diesel prices climbed to VND44,780 per liter. With their large fuel tank capacities, many pickup trucks and diesel-powered cars in Vietnam now require VND2.4 million and nearly VND4 million for a full tank.
Under current regulations, most pickup trucks are classified as trucks and are restricted from circulating in the central areas of Hanoi.
After a sluggish Lunar New Year period, Vietnam’s auto market roared back in March, with sales jumping sharply across major brands.
The reclassification of pickup trucks as trucks under Circular 53/2024/TT-BGTVT, which has led to restrictions on entering inner-city areas, is affecting both new and used pickup markets.
Once seen as a two-in-one choice for many Vietnamese - stylish for city driving yet practical for carrying goods - pickup trucks have enjoyed nearly a decade of strong growth in the domestic market. However, the situation may now be changing.
Vietnam’s automobile market recorded its strongest supply growth since the beginning of the year in March, with locally produced vehicles continuing to outnumber imports.