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Viet Nam imported more than 200,000 vehicles in 2025 for the first time on record, driven by rising demand and growing interest in electric and new-energy vehicles, customs data showed.
According to the Department of Customs, Viet Nam imported 205,630 vehicles of all types last year, with a total import value of US$4.7 billion. Passenger cars with fewer than nine seats accounted for 152,854 units, worth approximately US$2.8 billion.
Indonesia remained Viet Nam’s largest source of imported vehicles, shipping 78,156 units valued at about US$1.1 billion, followed by Thailand with 66,109 units worth US$1.3 billion.
China ranked third by volume, exporting 47,895 vehicles to Viet Nam, a 54.5% increase from the previous year. In value terms, imports from China surged 76% year on year to US$1.6 billion, reflecting the entry of several Chinese automakers offering higher-priced electric, hybrid and plug-in hybrid models.
Analysts say the shift underscores Vietnamese consumers’ growing openness to electric and new-energy vehicles, marking a notable change in a market traditionally dominated by internal combustion engine models.
While Indonesia and Thailand continue to benefit from tariff advantages under ASEAN trade agreements, the sharp rise in the value of Chinese vehicle imports signals intensifying competition in Viet Nam’s auto market heading into 2026.
Source: VOV
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