Vietnam market falls by 6% in June – VAMA

GlobalData

Mon, July 13, 2026 astatine 4:22 AM CDT 2 min read

Vietnam's caller conveyance marketplace declined by 6% to 24,356 units successful June 2026 from 25,793 units successful the aforesaid period past year, according to wholesale information released by the Vietnam Automotive Manufacturers Association (VAMA). The information bash not see immoderate large players successful the market, including home automaker VinFast, Hyundai, Mercedes-Benz, Nissan, and different overseas brands.

In the archetypal six months of 2026, the conveyance marketplace expanded by 15% to 149,761 units from 130,573 units successful the aforesaid play past year, driven by strong, broad-based economical maturation successful the country. The latest authorities information showed that GDP maturation accelerated to 8.4% year-on-year successful the 2nd 4th of 2026, up from a revised 7.9% successful the archetypal quarter, with each sectors of the system performing strongly.

Sales of airy rider vehicles accrued by 12% to 100,321 units year-to-date, portion commercialized conveyance income accrued by 20% to 49,440 units. Sales by section automotive radical Truong Hai roseate by 11% summation 46,423 units year-to-date, including a 28% emergence successful Kia income to 15,732 units and a 4% summation successful Mazda income to 15,298 units, portion commercialized conveyance income nether the Thaco marque roseate by 7% to 13,582 units.

Toyota reported a 21% emergence successful first-half income to 35,410 units; portion Ford's income declined by 2% to 21,232 units; Mitsubishi 21,617 units (+37%); and Honda 11,305 units (+1%). VinFast reported separately that its home income surged by 72% to 115,916 vehicles year-to-date, portion Hyundai's income roseate somewhat to 24,381 units successful this period.

GlobalData expects full income of airy vehicles successful Vietnam to summation by 10% to 617,000 units this year, aft increasing by 20% to 562,000 units successful 2025, driven by continued beardown economical maturation and rising user demand. The Vietnamese authorities announced past twelvemonth that it volition proceed to exempt artillery electrical vehicles (BEVs) from the conveyance registration taxation until the extremity of February 2027.

"Vietnam marketplace falls by 6% successful June – VAMA" was primitively created and published by Just Auto, a GlobalData owned brand.