Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 404,635 vehicles of all kinds in 2022, an increase of 33 per cent against 2021.

These include 316,941 passenger cars, up 48 per cent; 82,714 commercial vehicles, down 1.5 per cent; and 4,980 special-purpose vehicles, down 14 per cent.

Of the total, 226,487 were domestically assembled and 178,148 were imported, increases of 30 per cent and 37 per cent, respectively, against 2021.

Analysts said that apart from vehicles sold by VAMA members, Vietnam’s auto market also saw the presence of makers such as Audi, Jaguar Land Rover, Mercedes-Benz, Nissan, Subaru, Volkswagen, and Volvo.