Việt Nam’s automobile market continues to struggle amid declining sales and mounting consumer caution, casting doubt on industry forecasts for full-year growth.
As the world’s fourth-largest motorbike market with some 50 million vehicles in circulation, Việt Nam is under pressure to transition from petrol to electric in response to air pollution and climate change.
The Ministry of Industry and Trade has proposed stricter rules on import of automobiles disguised as gifts in a move aiming at closing loopholes that have allowed tax avoidance.
The total market sales of the Vietnam Automobile Manufacturers Association (VAMA)’s members in June 2025 reached 31,977 vehicles, up 9 per cent over May and up 20 per cent over the same period in 2024.
VINACONEX made the list thanks to its solid growth and consistent performance across its three strategic pillars: construction, real estate and financial investment.
According to experts, one of the biggest obstacles lies in the fuel supply chain. The roadmap for Level 5 compliance demands high-quality fuel that is currently scarce in many parts of the country.
GSM’s launch in this fourth international market, after Việt Nam, Laos and Indonesia, marks major progress in its global ''Go Green'' strategy for sustainable urban mobility.
A sharp rise in motorbike output in April, the first month of the second quarter, has significantly improved market supply and helped push total production since the beginning of 2025 past the one million mark.
According to the General Statistics Office, domestic manufacturers produced an estimated 286,100 new motorcycles in April, a 21.6 per cent increase from March and a 10.4 per cent rise compared to April 2024.
The airline also reported a significant boost in ancillary revenue, which reached over VNĐ6.2 trillion in the period, contributing to more than 35 per cent of its total revenue.
According to figures released by the TC Group on April 15, Hyundai sold a total of 5,368 vehicles last month, a significant 77.6 per cent increase compared to February.
In early 2025, Việt Nam’s automotive industry recorded strong momentum. Alongside the surge in vehicle output, several international brands announced plans to establish factories in the country.
DHL will store parts for all VinFast vehicle models in Europe at its Holtum facility in Born, the Netherlands. In urgent cases, parts can be delivered within 24 hours.
