Motor vehicle production in Vietnam up 17.40 percent in October

Vietnam produced 39.94 thousand motor vehicles in October, up 17.40 percent from 34.02 thousand in September, according to the latest data from the National Statistics Office.

Over the first ten months of the year, motor vehicle output reached 373.60 thousand units.

Bar chart Vietnam motor vehicles production in 2025

Motor vehicle imports

Vietnam imported motor vehicles to the tune of US$431 million in October, up 7.26 percent over September, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had imported US$3,848 million worth of motor vehicles by the end of October.

Read more about Vietnam motor vehicle imports in October→

Pie chart of Vietnam motor vehicles imports, October 2025 by country.

Vietnam car sales October

Vietnam’s auto market sold 31,844 vehicles in October 2025, down 9 percent from the same month last year but up 21 percent month-on-month, according to data from the Vietnam Automobile Manufacturers Association (VAMA).

Read the full Vietnam car sales October report→

Vietnam car sales YTD (VAMA members) 2025

Listed automotive companies

Do Thanh Technology Corporation

Do Thanh Technology Corporation (DTT) manufactures automotive parts, plastic products, and mechanical components.

DTT closed at VND 15,800 on Monday down 0 percent with 1,000 shares traded, worth VND 2 million.

Foreign ownership in DTT is currently capped at 49.0 percent, with current foreign ownership sitting at 0.2 percent.

Dry Cell and Storage Battery JSC

Dry Cell and Storage Battery JSC (PAC) produces automotive and industrial batteries under the PINACO brand.

PAC closed at VND 23,550 on Monday down 0.45 percent with 4,873,000 shares traded, worth VND 11,633 million.

Foreign ownership in PAC is currently capped at 50.0 percent, with current foreign ownership sitting at 12.2 percent.

Explore opening a trading account in Vietnam→

Vietnam automotive news

Recent Vietnam automotive news includes:

Vinfast car sales India

Local car maker VinFast reportedly sold 131 units in India in October 2025.

Data from Autocar Professional showed total e-PV sales in India reached 17,783 units in October, up 56 percent year-on-year and 9 percent month-on-month.

Hyrbid car market

Tuoi Tre reported earlier this month that Vietnam’s hybrid car market is waiting for a major tax cut that will take effect in 2026, potentially reducing prices by hundreds of millions of dong.

It says buyers are delaying purchases while dealers clear stock with large discounts, as the revised special consumption tax will lower rates for both self-charging and plug-in hybrids.

The article quotes consumers saying they prefer to wait for lower prices, while experts note battery costs and maintenance remain concerns.

Luxury car market discounts

Nguoi Lao Dong was reporting in late October that luxury car dealers in Vietnam have been offering record discounts as demand weakens and inventories rise.

Brands like Mercedes-Benz, BMW, Audi, Lexus, and Volvo are cutting prices by hundreds of millions of dong to clear 2023–2024 stock.

Dealers said traditional status-driven buyers are shrinking, while affluent consumers are turning to premium electric vehicles or delaying purchases.

Vietnam’s automotive industry

Vietnam’s automotive industry is a fast-growing sector driven by rising incomes, urbanisation, and strong domestic demand for passenger and commercial vehicles.

The market includes major global automakers and local manufacturers such as VinFast, Thaco, and TC Motor, supported by a developing network of parts suppliers and industrial clusters.

Find out about starting a business in Vietnam→

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