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.
China accounted for US$157 million worth of Vietnam’s motor vehicles imports in October. This was up from US$143 million in motor vehicles imports in September, a change of 10.08 percent. Year to date, China has shipped US$1,288 million worth of motor vehicles to Vietnam.
After China was Thailand making up US$108 million worth of Vietnam’s motor vehicles imports in October. This was up from US$88 million in motor vehicles imports in September, a change of 21.70 percent. Year to date, Thailand has shipped US$1,131 million worth of motor vehicles to Vietnam.
Next was Indonesia contributing US$77 million worth of Vietnam’s motor vehicles imports in October. This was down from US$102 million in motor vehicles imports in September, a change of 24.48 percent. Year to date, Indonesia has shipped US$916 million worth of motor vehicles to Vietnam.
Following Indonesia was Japan representing US$25 million worth of Vietnam’s motor vehicles imports in October. This was down from US$28 million in motor vehicles imports in September, a change of 10.23 percent. Year to date, Japan has shipped US$212 million worth of motor vehicles to Vietnam.
Rounding out the top five was South Korea constituting US$15 million worth of Vietnam’s motor vehicles imports in October. This was up from US$8 million in motor vehicles imports in September, a change of 77.71 percent. Year to date, South Korea has shipped US$36 million worth of motor vehicles to Vietnam.
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Vietnam imports of motor vehicles in October, US$millions
| October | September | MoM | YTD | |
| Total | 430.76 | 401.62 | 7.26% | 3,848.16 |
| Other | 29.22 | 8.81 | 231.69% | 148.42 |
| China | 156.99 | 142.61 | 10.08% | 1,287.52 |
| Thailand | 107.50 | 88.34 | 21.70% | 1,131.00 |
| Indonesia | 77.12 | 102.12 | -24.48% | 915.61 |
| Japan | 25.11 | 27.97 | -10.23% | 211.53 |
| South Korea | 14.67 | 8.26 | 77.71% | 36.35 |
| Russia | 7.17 | 0.22 | 3091.00% | 34.25 |
| Germany | 6.71 | 9.41 | -28.72% | 37.89 |
| UK | 3.61 | 5.34 | -32.31% | 25.06 |
| USA | 2.04 | 8.53 | -76.05% | 19.93 |
| France | 0.61 | 0.00 | 0.00% | 0.61 |
| Austria | 0.12 | 0.13 | -1.57% | 0.53 |
| India | 0.00 | 0.00 | 0.00% | 0.05 |
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→
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 Friday up 0.2 percent with 10,000 shares traded, worth VND 16 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 24,000 on Friday down 1.1 percent with 7,887,000 shares traded, worth VND 19,363 million.
Foreign ownership in PAC is currently capped at 50.0 percent, with current foreign ownership sitting at 12.2 percent.
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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.