Vietnam auto market in August, domestically assembled cars grow strongly

In August 2025, Vietnam consumed 55,013 cars, domestic production increased by 37.1% over the same period, while imported cars decreased by 19% but value increased sharply.

Video : New car models to be launched in the second half of 2025.

According to a new report released on September 6 by the General Statistics Office - Ministry of Finance , in August 2025, the Vietnamese automobile market added a total of 55,013 new car models, including domestically produced and imported cars, down 1.7% compared to July.

Domestically produced and assembled automobile output grows strongly

Of that total, domestically produced and assembled automobiles reached 40,100 units, a 6.6% increase compared to the previous month and a significant 37.1% increase compared to the same period in 2024. This was also the second-highest production month since the beginning of the year, after June. Cumulatively over the first eight months, domestic businesses have shipped approximately 302,000 vehicles, a 59.6% increase compared to the same period last year.

In contrast to domestically assembled vehicles, the number of completely built-up imported cars in August reached 14,913 units, a decrease of 19% compared to July and a slight decrease of 0.6% compared to the same period in 2024. However, the total import value reached 363 million USD, a decrease of 16% compared to the previous month but an increase of 22.6% compared to the same period, indicating that businesses focused on importing high-value car models.

In contrast to domestically assembled cars, the number of imported cars in August 2025 reached 14,913 units, down 19% compared to July.

In the first 8 months of 2025, Vietnam imported 136,490 vehicles with a total value of about 3.021 billion USD, an increase of 28.1% in volume and 38.3% in value compared to 2024.

Along with increased domestic production and a large volume of imported vehicles, the Vietnamese automotive market is witnessing a wave of deep price reductions to clear inventory. Experts predict this downward trend may continue until the year-end shopping season, creating more attractive options for consumers.

Source: https://khoahocdoisong.vn/thi-truong-oto-viet-thang-8-xe-lap-rap-noi-dia-tang-truong-manh-post2149052418.html