Vietnam's automotive market continued to receive a supply of new vehicles in April, with domestically produced cars exceeding imports.

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 represented 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 was an 11.3% increase from March and a 32.6% rise compared to April 2025. In the first four months of the year, domestic manufacturers produced an estimated 178,200 vehicles, representing a 22.4% year-on-year increase.

In contrast, imported vehicles declined in volume during April.

Data indicate that approximately 17,000 completely built units were imported into Vietnam in April, with a total value of US$ 486 million. This represented a decline 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 figures from the customs authority.

Compared to the same period in 2025, April imports declined by 9.2% in volume but increased by 14.7% in value. This indicates that, despite a reduction in import volumes, there was a shift towards higher-value models.

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