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 which, the output of domestically produced and assembled cars reached 40,100 units, up 6.6% over the previous month and up 37.1% over the same period in 2024. This is also the second highest output month since the beginning of the year, after June. In the first 8 months, domestic enterprises have produced about 302,000 vehicles, up 59.6% over the same period last year.

In contrast to domestically assembled cars, the number of imported cars in August reached 14,913 units, down 19% compared to July and down slightly 0.6% compared to the same period in 2024. However, the total import value reached 363 million USD, down 16% compared to the previous month but up 22.6% compared to the same period, showing that businesses focused on bringing in 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 the increase in domestic production and the large amount of imported cars, the Vietnamese automobile market is witnessing a period of deep discounts to clear inventory. Experts predict that this discount trend may continue until the end of the year 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