Vietnam machines and tools imports up 37.26% in March 2026 / China +37.78%, Japan +32.52%

Vietnam imported machines and tools to the tune of US$5,555 million in March, up from US$4,047 million in February, a change of 37.26 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam imported US$15,500 million worth of machines and tools by the end of March.

China accounted for US$3,360 million in March, up from US$2,438 million in February, a 37.78 percent increase. Year to date, imports from China reached US$9,718 million.

Japan followed with US$480 million in March, up from US$362 million in February, a 32.52 percent increase. Year to date, imports from Japan totalled US$1,199 million.

South Korea recorded US$421 million in March, up from US$306 million in February, a 37.61 percent increase. Year to date, imports from South Korea reached US$1,152 million.

Germany posted US$161 million in March, up from US$105 million in February, a 52.57 percent increase. Year to date, imports from Germany totalled US$402 million.

Taiwan rounded out the top five with US$149 million in March, up from US$97 million in February, a 53.16 percent increase. Year to date, imports from Taiwan reached US$406 million.

Learn more about accessing Vietnam’s consumer market→

Listed machines and tools companies

Key machines and tools firms listed on the Vietnam stock exchange include:

Saigon Machinery Spare Parts JSC (SMA)

Saigon Machinery Spare Parts JSC (SMA) produces concrete, operates quarries, and constructs infrastructure works. (SMA)

In March, SMA shares moved from 8.00 to 9.31, a change of 1.31 (16.38%).

Foreign ownership moved from 99,597.71 to 99,634.71, a change of 37.00 (0.04%).

Truong Long Engineering and Auto JSC (HTL)

Truong Long Engineering and Auto JSC (HTL) distributes heavy-duty vehicles, parts, and provides repair and maintenance services. (HTL)

In March, HTL shares moved from 23.05 to 22.60, a change of -0.45 (-1.95%).

Foreign ownership moved from 22,360.76 to 22,357.76, a change of -3.00 (-0.01%).

Saigon General Service Corporation (SVC)

Saigon General Service Corporation (SVC) trades automobiles, spare parts, and provides logistics and technical services. (SVC)

In March, SVC shares moved from 20.20 to 19.45, a change of -0.75 (-3.71%).

Foreign ownership moved from 443,753.75 to 443,852.35, a change of 98.60 (0.02%).

Explore opening a trading account in Vietnam→

Vietnam machines and tools news

Recent developments include:

Machine and tool exports in March

Vietnam exported machines and tools to the tune of US$5,700 million in March, up from US$3,839 million in February, a change of 48.48 percent, according to preliminary data from Vietnam’s General Department of Customs. Read more→

Trade minister in the US

Vietnam said it is willing to increase imports of United States goods, particularly machinery and high technology products, during tariff negotiations in Washington.

The article notes that Trade Minister Le Manh Hung met executives from companies including Apple, Exxon Mobil, General Electric, AES and Excelerate Energy during the visit. Read more→

See the latest Vietnam news headlines→

Vietnam’s machine / tools industry

Vietnam’s machines and tools industry supports manufacturing across sectors including electronics, textiles, construction, and automotive, supplying equipment, components, and industrial solutions.

The sector is driven by strong foreign direct investment and export-oriented production, with demand rising alongside Vietnam’s role in global supply chains.

Domestic firms remain concentrated in assembly and lower value-added segments, while higher-end machinery and precision tools are largely imported.

Government policy focuses on localisation, technology transfer, and industrial upgrading to strengthen competitiveness and reduce reliance on imports.

Learn more about starting a business in Vietnam→

The data

Vietnam imports of machines and tools in March, 2026 US$m