Some 21,606 vehicles from different brands were sold nationwide in February, marking an increase of 14% compared to the previous month, and 86% year-on-year, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
Of the total, 14,549 were passenger cars, up 2.5% month-on-month, and commercial vehicles grew 56% to 6,775, while specialized vehicles dropped 17% with 282 units sold.
The market witnessed a strong recovery of sales of domestically produced units with an increase of 21% against January, reaching 11,067 units. Meanwhile, imported vehicles rose 8%, equal to 10,539 units.
In 2024, locally-assembled cars suffered great pressure from imported vehicles following information relating to the reduction of registration fees for domestically produced vehicles from April last year, which resulted in low demand. Last year also saw a strong increase of vehicles imported from China.
However, from the beginning of 2025, sales of domestically produced gradually bounced back as imported vehicles showed signs of reduction.