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Home»Explore industries/sectors»Automobile»Vietnam auto output rises as imports decline sharply
Automobile

Vietnam auto output rises as imports decline sharply

By IslaMay 5, 20262 Mins Read
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According to the latest report from the General Statistics Office under the Ministry of Finance, an estimated 67,200 new vehicles – including both locally assembled and imported units – were added to the market in April 2026. This figure marked a 4.5% decline compared to the previous month, when more than 70,000 vehicles were introduced.

Of the total, domestically produced and assembled vehicles accounted for 50,200 units. This represented an 11.3% increase from March and a significant 32.6% rise compared to April 2025. In the first four months of the year, domestic manufacturers rolled out an estimated 178,200 vehicles, up 22.4% year-on-year.

In contrast, imported vehicles saw a sharp decline in volume during April.

Statistics indicate that approximately 17,000 completely built units were imported into Vietnam in April, with a total value of US$486 million. This marked a drop of 32.7% in volume and 17.6% in value compared to March, when imports reached 25,255 units worth US$590 million, according to data from the customs authority.

Compared to the same period in 2025, April imports decreased by 9.2% in volume but rose by 14.7% in value. This suggests that while importers reduced the number of vehicles brought into the country, they shifted their focus toward higher-value models.

For the first four months of 2026, Vietnam imported an estimated 73,012 completely built units with a total value of US$1.816 billion, representing increases of 12.3% in volume and 29.6% in value year-on-year.

Hoang Hiep




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