Vietnam’s auto sales in April increase 21% year-on-year

Industry experts believe that with increased consumer demand and support policies from automakers, the domestic automobile market is forecast to further thrive in the second and third quarters of this year.

Illustrative photo (Photo: VNA)
Illustrative photo (Photo: VNA)

Hanoi (VNA) – The Vietnam Automobile Manufacturers’ Association (VAMA) said on May 13 that its members reported sales of 29,585 units in April, down 7% month-on-month but up 21% year-on-year.

Specifically, they reported the sales of 20,766 units of passenger vehicles, dropping 7% from March; 8,619 units of commercial vehicles, down 7%, and 200 others of special-purpose vehicles, up 11%.

Domestically assembled vehicles posted a reduction of 7% with 13,890 units delivered, while Vietnam’s imports of completely built-up (CBU) vehicles saw sales fall 60% to 15,695 units.

Toyota maintained its market leadership with 5,566 units sold in April, followed by Ford (3,997), Mitsubishi (2,038), THACO Mazda (2,736), and THACO Kia (2,055). The best-selling models included the Mitsubishi Xpander (4,031 units), Ford Everest (1,090), and Toyota Yaris Cross (1,030).

By product line, SUVs continued to lead with 5,867 vehicles, followed by MPVs with 3,798 vehicles and sedans with 3,292 vehicles.

In the commercial vehicle group, pickup trucks and minivans continued to dominate. In particular, the hybrid vehicle segment continued to grow positively, reaching 973 vehicles in April, bringing the total to 3,535 vehicles since the beginning of the year - an increase of 82% over the same period last year.

In the first four months of 2025, total market sales reached 101,834 units, marking a 23% increase year-on-year. Passenger car sales rose 22%, commercial vehicles climbed 27%, while special-purpose vehicles surged 49%.

Sales of imported vehicles jumped 35%, while domestically assembled units rose 13%.

Industry experts believe that with increased consumer demand and support policies from automakers, the domestic automobile market is forecast to further thrive in the second and third quarters of this year./.

VNA

See more

High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

OECD Economic Surveys: Vietnam 2025 report released

The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.

Prime Minister Pham Minh Chinh (R) welcomes Antoine Colin, HP Senior Vice President for Global Supply Chain Digital Transformation & Resilience (Photo: VNA)

HP looks to scale up production capacity in Vietnam

Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.

Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.

VinFast manufacturing facility in Haiphong city (Photo: Vingroup)

Vingroup among top 40 largest enterprises in Southeast Asia

This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.

Fresh Vietnamese lychees are being sold at an Aeon supermarket in Japan. (Photo: VNA)

Vietnam Goods Week opens in Japan’s Saitama prefecture

This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.

The Green Industries Summit 2025 aims to support the country’s transition toward sustainable industrial development. (Source: NordCham Vietnam)

Nordic firms eye green industry partnerships in Vietnam

According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong speaks at the 15th National Assembly’s 9th session. (Photo: VNA)

SBV Governor calls for overhaul of FDI attraction strategy to drive stronger growth

The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.

Buyers seek suppliers of globally standardised equipment at Automechanika, opened in HCM City on June 19. (Photo: VNA)

Vietnam’s auto parts and services expos open in HCM City

The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.