HCMC — Imported vehicles continued to outsell locally assembled cars in Vietnam in May for the third consecutive month, data from the Vietnam Automobile Manufacturers’ Association (VAMA) showed.
VAMA members sold 29,210 vehicles in May, down 1% from April but up 13% from a year earlier. The total included 20,014 passenger cars, 8,983 commercial vehicles, and 213 special-purpose vehicles.
Sales of passenger cars fell 3.6% month-on-month, while commercial and special-purpose vehicles rose 4% and 6%, respectively. It was the second month in a row that total auto sales declined.
In the first five months of the year, VAMA members sold 131,044 vehicles, up 21% from the same period in 2024. Passenger car sales rose 19%, commercial vehicles 26%, and special-purpose vehicles 30%.
Sales of locally assembled vehicles in May reached 13,800 units, down 1% from April. Imports totaled 15,410 units, a 2% decrease. Despite the monthly drop, imported cars remained ahead.
From January to May, imported vehicle sales rose 29% year-on-year, while domestically assembled vehicles increased 13%.
The VAMA report does not include data from VinFast and Hyundai, two major automakers that report sales separately. VinFast only produces vehicles domestically, while most Hyundai models are assembled in Vietnam.
Sales data from some other brands, such as Mercedes-Benz and Audi, were not disclosed.