[Hanoi News] According to preliminary statistics from Vietnam's Dan Tri quoted the General Administration of Customs of the Ministry of Finance of Vietnam, Vietnam will import 205,630 vehicles in 2025, with an import value of approximately US$4.74 billion, setting a new record in both the quantity and amount. The report pointed out that this is also the first time that the import scale of Vietnam's complete vehicle (CBU) has exceeded 200,000 units at the annual level. Nearby car dealer

Judging from the monthly pace, customs data shows that in December 2025, Vietnam companies imported a total of 14,707 complete vehicles of various types, with a total value of approximately US$406 million. Compared with November, imports decreased by more than 3,600 vehicles, a decrease of approximately 19.9%, and imports also fell by 10.8%. The newspaper analyzed that it is not surprising that the decline at the end of the year will fall. Importers and dealers usually actively shrink their arrival in Hong Kong during the New Year to balance supply and demand and reduce inventory pressure. Similar situations have occurred from time to time in previous years.

On a full-year basis, Vietnam will import almost 563 new cars every day in 2025, with the average import value of bicycles exceeding US$23,000. Compared with 2024, the import volume in 2025 will increase by 32,069 vehicles, an increase of 18.6%; the import volume will increase even higher, reaching 31.1%. In my opinion, the growth rate of money is faster than the growth rate of quantity, which means that the Vietnam market is enhancing its ability to accept imported models with higher configurations and updated technical routes, and the price band is further widened.

In terms of source country structure, ASEAN is still the main force of imported cars from Vietnam. Indonesia ranked first with 78,156 vehicles (about US$1.1 billion); Thailand followed closely, with Vietnam importing 66,109 vehicles from Thailand, worth approximately US$1.3 billion. "Dan Tri" mentioned that the 0% import tariff within ASEAN and the mature automobile industry chain are important reasons why Thailand and Indonesia have maintained their advantages for a long time. In terms of models, passenger cars with less than 9 seats are still the mainstream, especially home MPVs and small SUVs.

What deserves more attention from China's export practitioners is the increase from China. Reports show that in 2025, Vietnam will import 47,895 complete vehicles from China, with an amount of approximately US$1.6 billion, an increase of 54.5%(quantity) and 76%(amount) respectively compared with 2024. Based on this rough estimate, the average import unit price of China cars in Vietnam is significantly higher than the annual average, reflecting that the product structure of China brands in the Vietnam imported car market is moving to a higher value range.

Brief comment: The high level of imports of entire vehicles in Vietnam shows that consumer demand is still there, and on the other hand, it also means that competition is more "intense", especially in the context of Indonesia and Thailand continuing to hold down prices based on ASEAN supply chains and tariff advantages. For China car companies and export channels, the rapid growth in 2025 is certainly gratifying, but whether it can continue in 2026 depends on the product's regulatory compliance, channel coverage and after-sales parts response speed in Vietnam, and whether it can keep up with the pace of market expansion. For exporting companies that focus on popular segments such as home MPVs and small SUVs, Vietnam is still one of the key markets worth adding to the market.

Message source:https://dantri.com.vn/kinh-doanh/o-to-nhap-ve-viet-nam-nhieu-nhat-tu-truoc-den-nay-20260111112424303.htm

Source: Guangdong Good Car

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