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Update news vietnam's automobile market
As hybrid cars gain traction across global markets, Vietnam is no exception. In 2025, rising fuel costs and growing environmental awareness pushed Vietnamese buyers toward hybrid models in greater numbers than ever before.
In 2025, compact SUVs have risen to the top of Vietnamese car buyers’ wishlists, outpacing sedans and transforming the auto landscape.
Each year, a few standout models shoulder the sales performance of entire car brands - and 2025 was no exception. Vietnam’s rapidly growing auto market saw both familiar names and new contenders dominate the sales charts.
Tax policy changes combined with pressure from Chinese imports in 2026 could create a strong boost for Vietnam’s auto market, making car prices more attractive.
Vietnam's auto industry has hit a major milestone, with record-high domestic production in December 2025.
Vietnam’s auto and motorbike industry underwent a remarkable transformation in 2025, driven by policy reform, electrification, and intensified market competition.
In the VND600–800 million price range, B-segment SUVs are increasingly winning over Vietnamese consumers’ heart, in contrast to the weakening trend and gradual market-share shrinkage of C-segment sedans.
Vietnam’s auto industry is on the brink of a major transformation as excise tax reductions set to take effect in 2026 are expected to significantly cut the cost of hybrid vehicles, driving new investment and propelling rapid market expansion.
Vietnam’s auto market hit a new peak in November, with imported cars continuing to outsell domestically assembled ones for the ninth straight month.
December has turned into a buyer’s market in Vietnam, as automakers roll out record-breaking discounts and fee waivers in a bid to boost year-end sales.
The number of new cars entering the Vietnamese market soared in November, with locally assembled vehicles hitting their highest monthly output of the year - a promising sign as the auto sector enters its peak sales season.
Vietnam’s auto market continues to witness intense rivalries between major brands, with Toyota and Mitsubishi engaged in two high-stakes face-offs in the B-SUV and pickup segments.
Vietnam’s automobile market is entering an unprecedentedly vibrant phase as a surge in imported vehicles, electric cars and hybrids gathers momentum.
Imported cars outpaced domestically assembled ones in September, pushing the recovery of Vietnam’s automobile market, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
The infrastructure development unit for charging stations under Vingroup estimates that the country will need 500,000 battery swap cabinets for electric motorcycles alone. This attractive investment sector is drawing many businesses.
Car sales surged 18% in September, with imported vehicles continuing to outperform domestic models, reflecting strong consumer preference.
Domestic car output soars as manufacturers ramp up production, while discounts continue in the competitive Q4 sales race.
Vietnam plans strict new fuel efficiency rules by 2030. Carmakers worry, but experts see opportunities.
Many automobile businesses are facing difficulties, with profits declining and some companies reporting losses, a sharp contrast with the booming growth about a decade ago.
With explosive EV adoption and record sales, Vietnam emerges as a global electric vehicle leader in 2025.