Vietnam imported motor vehicles to the tune of US$456 million in November, up from US$431 million in October, a change of 5.75 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had imported US$4,327 million worth of motor vehicles by the end of November.
China accounted for US$157 million worth of Vietnam’s motor vehicles imports in November. This was up from US$157 million in motor vehicles imports in October, a change of 0.19 percent. Year to date, China has shipped US$1,447 million worth of motor vehicles to Vietnam.
After China was Indonesia making up US$101 million worth of Vietnam’s motor vehicles imports in November. This was up from US$77 million in motor vehicles imports in October, a change of 30.93 percent. Year to date, Indonesia has shipped US$1,024 million worth of motor vehicles to Vietnam.
Next was Thailand contributing US$98 million worth of Vietnam’s motor vehicles imports in November. This was down from US$108 million in motor vehicles imports in October, a change of 9.20 percent. Year to date, Thailand has shipped US$1,238 million worth of motor vehicles to Vietnam.
Following Thailand was Japan representing US$45 million worth of Vietnam’s motor vehicles imports in November. This was up from US$25 million in motor vehicles imports in October, a change of 79.95 percent. Year to date, Japan has shipped US$261 million worth of motor vehicles to Vietnam.
Rounding out the top five was South Korea constituting US$19 million worth of Vietnam’s motor vehicles imports in November. This was up from US$15 million in motor vehicles imports in October, a change of 28.43 percent. Year to date, South Korea has shipped US$56 million worth of motor vehicles to Vietnam.
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Vietnam imports of motor vehicles in November, US$millions
| November | October | MoM | YTD | |
| Total | 455.55 | 430.76 | 5.75% | 4,327.48 |
| Other | 23.23 | 29.22 | -20.51% | 171.65 |
| China | 157.29 | 156.99 | 0.19% | 1,447.08 |
| Indonesia | 100.97 | 77.12 | 30.93% | 1,023.78 |
| Thailand | 97.61 | 107.50 | -9.20% | 1,237.95 |
| Japan | 45.18 | 25.11 | 79.95% | 260.59 |
| South Korea | 18.85 | 14.67 | 28.43% | 56.20 |
| Russia | 4.60 | 7.17 | -35.89% | 38.84 |
| Germany | 4.56 | 6.71 | -32.07% | 42.45 |
| USA | 2.53 | 2.04 | 23.89% | 22.54 |
| UK | 0.67 | 3.61 | -81.39% | 25.73 |
| France | 0.06 | 0.61 | -90.00% | 0.67 |
| Austria | 0.00 | 0.12 | -100.00% | 0.53 |
| India | 0.00 | 0.00 | 0.00% | 0.05 |
Listed automotive companies
These companies are listed on the Ho Chi Minh City Stock Exchange.
Do Thanh Technology Corporation
Do Thanh Technology Corporation (DTT) manufactures automotive parts, plastic products, and mechanical components.
DTT closed at VND 15,800 on Tuesday down 0 percent with 14,000 shares traded, worth VND 21 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 23,650 on Tuesday up 0.25 percent with 3,305,000 shares traded, worth VND 7,749 million.
Foreign ownership in PAC is currently capped at 50.0 percent, with current foreign ownership sitting at 12.0 percent.
Vingroup JSC
Vingroup JSC (VIC) is Vietnam’s largest private conglomerate, operating in real estate, automotive (VinFast), healthcare, and education.
VIC closed at VND 160,000 on Tuesday up 7.3 percent with 128,393,000 shares traded, worth VND 2,066,995 million.
Foreign ownership in VIC is currently capped at 48.4 percent, with current foreign ownership sitting at 3.8 percent.
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Vietnam automotive news
Recent developments include:
Xanh GSM 23 percent VinFast sales
VinFast’s sales to ride-hailing operator Xanh SM fell to 23 percent of deliveries in the first nine months of 2025, down from 72 percent in 2023.
A BSC Research report has found that VinFast delivered more than 110,300 electric cars and 234,500 electric motorbikes globally in the period, with 94 percent of car sales in Vietnam.
Used-car dealerships emissions standards
Car owners and used-car dealers have raised concerns about meeting stricter standards and say older vehicles are already difficult to sell.
Vietnam will enforce new national vehicle emission standards for circulating cars from 1 March 2026 under Decision 43/2025.
Dealers report rising consignment volumes and warn that increased supply is pushing used-car prices down.
Honda racing circuit Tay Ninh
Honda Mobilityland Corporation has floated plans to build a 600-hectare sports, entertainment, and tourism complex in Tay Ninh.
The company presented the proposal to Tay Ninh officials during a meeting in Tokyo on 18 November.
The complex would include an international racing circuit and year-round events such as car and motorcycle racing, drifting, e-sports, music festivals, and technology exhibitions.
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Vietnam’s automotive industry
Vietnam’s motor vehicles industry has expanded rapidly as rising incomes and urbanisation drive demand for cars, motorbikes and commercial vehicles.
Global manufacturers have established assembly operations or partnerships in the country, focusing on localisation, technology transfer and supply chain development.
The industry is shifting toward higher-value production, including electric vehicles, with major domestic groups investing in advanced manufacturing and research capability.
Government policies supporting green transport, infrastructure upgrades and industrial clusters aim to further strengthen Vietnam as a regional automotive production base.