The Automotive category covers industry trends, production data, and trade dynamics shaping the vehicle manufacturing and supply chain sector. It explores automobile production, exports, imports, foreign investment, and government policies, providing insights into electric vehicles (EVs), automotive components, supply chain challenges, and consumer demand. This section also examines technological advancements, infrastructure development, and regulatory changes impacting the industry. Whether analyzing market growth, investment opportunities, or policy shifts, this category serves as a resource for businesses, investors, and policymakers navigating the evolving automotive sector.

Vietnam’s motor vehicle parts imports rise 10.33 percent in February 2025

the-shiv March 22, 2025

Vietnam’s imports of motor vehicle parts and accessories grew by 10.33 percent month-on-month in February, reaching US$411.72 million, according to Vietnam’s General Department of Customs. This brings total year-to-date imports to US$785.01 million, reflecting sustained demand in the automotive sector.

Vietnam’s automotive market to grow 4.1 percent a year through 2030: PWC report

the-shiv March 20, 2025

Vietnam’s automotive industry is expected to see steady growth, with vehicle sales projected to increase at a 4.1 percent annual rate through 2030. Strong economic expansion, rising consumer demand, and government incentives are driving growth, though infrastructure gaps and financial constraints remain challenges, according to PWC’s ASEAN-6 Automotive Market Snapshot (Feb 2025).

Vietnam’s motor vehicle imports surge 131.40 percent in February 2025

the-shiv March 19, 2025

Vietnam’s motor vehicle imports saw a sharp increase of 131.40 percent month-on-month in February, reaching US$377.62 million, according to Vietnam’s General Department of Customs. This brings total year-to-date imports to US$537.94 million, reflecting strong demand.

Vietnam Car Sales Tracker: February Update [data]

the-shiv March 14, 2025

The February sales report of the Vietnam Automobile Manufacturers’ Association–the VAMA–has found that vehicle sales of the group’s members climbed 9.6 percent in February compared to January. The jump was in passenger vehicles, trucks, buses, and special purpose vehicles.

Transport prices in Vietnam jump in February

the-shiv March 9, 2025

Transport-related costs in Vietnam rose by 0.63 percent in January, contributing 0.06 percentage points to Vietnam’s Consumer Price Index. The rise was driven by increased travel demand at the beginning of the new year, leading to a 61.99 percent surge in rail passenger transport prices and a 25 percent increase in air passenger transport fares, according to Vietnam’s General Office of Statistics.

Motorcycle manufacturing in Vietnam sees strong monthly growth despite annual decline

the-shiv February 28, 2025

Vietnam’s motorcycle manufacturing industry increased by 68.6 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. This was higher than December 2024, when output stood at 24.7 percent above 2019 levels.

Vietnam’s imports of parts and accessories of motor vehicles fall 22.09 percent in January

the-shiv February 20, 2025

Vietnam’s imports of parts and accessories for motor vehicles dropped by 22.09 percent month-on-month in January, reaching US$373.16 million, according to Vietnam’s General Department of Customs. This follows a decline from US$478.98 million recorded in December.

Auto parts production in Vietnam declines in January despite strong baseline growth

the-shiv February 16, 2025

Vietnam’s production of spare parts and accessories for motor vehicles and motor vehicle engines increased by 125.7 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was a decline from December 2024, when output was 178.0 percent above 2019 levels.

Vietnam’s imports of motor vehicles fall 46.24 percent in January

the-shiv February 16, 2025

Vietnam’s imports of motor vehicles decreased by 46.24 percent month-on-month in January, reaching US$163.19 million, according to Vietnam’s General Department of Customs. This follows a significant decline from US$303.57 million recorded in December.

Motor vehicle manufacturing in Vietnam slows in January

the-shiv February 13, 2025

Vietnam’s motor vehicle manufacturing sector recorded a 178.7 percent increase in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this marked a decline from December 2024, when output was 234.2 percent above 2019 levels.

Wholesale, retail, and repair of cars, motorbikes sector in Vietnam records US$72.43 million in January FDI

the-shiv February 11, 2025

In January, Vietnam’s wholesale, retail, and repairs of cars and motorbikes sector registered a total of US$72.43 million in new foreign direct investment (FDI) across 84 new projects, according to data from Vietnam’s Ministry of Planning and Investment. This represents an increase of US$32.6 million compared to December, which saw US$39.8 million in registered capital. However, the number of new projects was down from 102 in December.

Vietnam’s truck market to grow by US$1.5 billion by 2028: report

the-shiv February 5, 2025

Vietnam’s truck market is projected to expand by US$1.5 billion between 2023 and 2028, registering a compound annual growth rate of 8.05 percent, according to Technavio. This growth is driven by the country’s expanding economy and the increasing demand for goods transportation and logistics management, the report says.

Vietnam electric vehicle registration exemption to end March 1

the-shiv February 5, 2025

A freeze on registration fees for electric vehicles in Vietnam is set to come to an end at the end of the month. It will, however, be replaced with a 50 percent reduction in registration fees for electric vehicles for the next two years.

Vietnam’s motorbike production estimated to reach 3.11 million units in 2024

the-shiv February 1, 2025

In November 2024, the country produced 279,500 units of motorbikes, demonstrating steady output despite a slight increase in December.

Vietnam’s motor vehicle imports decline by 19.24 percent in December

the-shiv January 29, 2025

Indonesia remained the top supplier, contributing US$82.14 million in December despite a 25.60 percent decline month-on-month. Thailand and China followed, exporting US$67.43 million and US$86.80 million, with respective drops of 41.59 percent and 4.94 percent.

Vietnam’s imports of parts and accessories for motor vehicles up 1 percent in December

the-shiv January 27, 2025

China led the imports with US$170.04 million, registering a significant 17.07 percent growth month-on-month. Thailand and Indonesia also recorded notable increases, with imports rising by 14.14 percent and 21.22 percent, respectively. Imports from Germany grew by 21.80 percent, reaching US$3.03 million.

Vietnam’s Automotive Industry: Industry Overview 2025

the-shiv January 26, 2025

Vietnam’s automotive industry has come a long way as middle-class incomes have grown facilitating a shift from motorcycles to cars. However, the automotive industry in Vietnam can be complex, governed by a patchwork of local regulations and free trade agreements. In light of this, this cheat sheet provides a brief overview of Vietnam’s automotive industry touching on the key points foreign firms should be aware of.

Vietnam’s wholesale and retail of motorbikes and cars and repairs FDI jumps in December

the-shiv January 25, 2025

In 2024, the sector attracted a total of 1,172 new projects with US$1.41 billion in newly registered capital.

Vietnam’s car production estimated to reach 388,500 units in 2024

the-shiv January 19, 2025

In November 2024, the country produced 52,400 units of cars, maintaining a strong output despite a slight decrease in December.

Vietnam’s motorcycle manufacturing posts strong growth in December 2024

the-shiv January 16, 2025

Year-on-year, the sector achieved a growth of 26.7 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth stood at 4.7 percent compared to 2023, reflecting moderate progress for the year with significant gains toward the year-end.