Vietnam’s auto sales in first four months up 23% YOY

The Vietnam Automobile Manufacturers’ Association (VAMA) reported that its members recorded sales of 29,585 units in April, down 7% month-on-month but up 21% year-on-year (YOY), on May 13, according to VietnamPlus.

Vietnam’s auto sales in April increased 21% year-on-year. (Source: VinFast)

Among the sales figures, passenger vehicles account for the majority of sales, with 20,766 units.

Domestically assembled vehicles posted a reduction of 7% with 13,890 units delivered, while Vietnam’s imports of completely built-up (CBU) vehicles saw sales fall 60% to 15,695 units.

Toyota maintained its market leadership with 5,566 units sold in April, followed by Ford, Mitsubishi, THACO Mazda, and THACO Kia.

In the first four months of 2025, total market sales reached 101,834 units, marking a 23% increase year-on-year. Passenger car sales rose 22%, commercial vehicles climbed 27%, while special-purpose vehicles surged 49%.

Sales of imported vehicles jumped 35%, while domestically assembled units rose 13%.

Industry experts believe that with increased consumer demand and support policies from automakers, the domestic automobile market is forecast to further thrive in the second and third quarters of this year.