Car Manufacturing in Vietnam

April 2026 | 51 pages | ID: C0B662839A2DEN
MarketLine

Abstracts

Summary

Car Manufacturing in Vietnam industry profile provides top-line qualitative and quantitative

Summary

information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The car manufacturing market encompasses passenger cars, which are defined as motor vehicles equipped with at least four wheels, designed primarily for the transportation of passengers. These vehicles typically accommodate no more than eight seats, including the driver's seat. This market includes petrol, diesel, electric, and hybrid passenger cars. The market encompasses a broad spectrum of vehicle types, such as mini, small, medium, large, exclusive, and luxury cars, along with mini, compact, mid, and full-size SUVs/crossovers. Additionally, it encompasses compact, small, and large MPVs, as well as mini, compact, mid, and full-size pickups. Sports coupe cars are also included within the

  Scope

  . Light or heavy commercial vehicles, e.g., vans or heavy goods vehicles (HGVs), are excluded from the market

  Scope

  .
• The Vietnamese car manufacturing industry recorded a revenue of $9.3 billion in 2025, representing a compound annual growth rate (CAGR) of 7.5% between 2020 and 2025.
• Industry production volume increased with a CAGR of 6.6% between 2020 and 2025, reaching a total of 358.5 thousand units in 2025.
• In 2025, the value of the Vietnamese car manufacturing industry recorded an annual growth of 18.2%, due to increased GDP growth.

Scope

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the car manufacturing market in Vietnam
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in Vietnam
• Leading company profiles reveal details of key car manufacturing market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Vietnam car manufacturing market with five year forecasts

Reasons to Buy

• What was the size of the Vietnam car manufacturing market by value in 2025?
• What will be the size of the Vietnam car manufacturing market in 2030?
• What factors are affecting the strength of competition in the Vietnam car manufacturing market?
• How has the market performed over the last five years?
• How large is Vietnam’s car manufacturing market in relation to its regional counterparts?

Contents

1 EXECUTIVE SUMMARY

1.1. Market Value
1.2. Market Value Forecast
1.3. Market Volume
1.4. Market Volume Forecast
1.5. Category Segmentation
1.6. Geography Segmentation
1.7. Market Share
1.8. Market Rivalry
1.9. Competitive Landscape

2 MARKET OVERVIEW

2.1. Market Definition
2.2. Market Analysis
2.3. Market Trends
2.4. Regulatory Landscape

3 MARKET DATA

3.1. Market Value
3.2. Market Volume

4 MARKET SEGMENTATION

4.1. Category Segmentation
4.2. Geography Segmentation

5 MARKET OUTLOOK

5.1. Market Value Forecast
5.2. Market Volume Forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer Power
6.3. Supplier Power
6.4. New Entrants
6.5. Threat Of Substitutes
6.6. Degree Of Rivalry

7 COMPETITIVE LANDSCAPE

7.1. Market Share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What have been the most recent industry developments?

8 COMPANY PROFILES

8.1. VinFast Auto Ltd
8.2. Truong Hai Auto Corporation
8.3. Hyundai Motor Co
8.4. Ford Motor Co

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry Associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Vietnam car manufacturing industry value: $ billion, 2020-25
Table 2: Vietnam car manufacturing industry volume: thousand units, 2020-25
Table 3: Vietnam car manufacturing industry category segmentation: % share, by volume, 2020-25
Table 4: Vietnam car manufacturing industry category segmentation: thousand units, 2020-25
Table 5: Vietnam car manufacturing industry geography segmentation: $ billion, 2025
Table 6: Vietnam car manufacturing industry value forecast: $ billion, 2025-30
Table 7: Vietnam car manufacturing industry volume forecast: thousand units, 2025-30
Table 8: Vietnam car manufacturing industry share: % share, by volume, 2025
Table 9: VinFast Auto Ltd: Key Facts
Table 10: VinFast Auto Ltd: Annual Financial Ratios
Table 11: VinFast Auto Ltd: Key Employees
Table 12: Truong Hai Auto Corporation: Key Facts
Table 13: Hyundai Motor Co: Key Facts
Table 14: Hyundai Motor Co: Annual Financial Ratios
Table 15: Hyundai Motor Co: Key Employees
Table 16: Hyundai Motor Co: Key Employees Continued
Table 17: Ford Motor Co: Key Facts
Table 18: Ford Motor Co: Annual Financial Ratios
Table 19: Ford Motor Co: Key Employees
Table 20: Ford Motor Co: Key Employees Continued
Table 21: Ford Motor Co: Key Employees Continued
Table 22: Ford Motor Co: Key Employees Continued
Table 23: Vietnam Size of Population (Million), 2020-25
Table 24: Vietnam Real GDP (Constant 2010 Prices, $ Billion), 2020-25
Table 25: Vietnam GDP (Current Prices, $ Billion), 2020-25
Table 26: Vietnam Inflation, 2020-25
Table 27: Vietnam Consumer Price Index (Absolute), 2020-25
Table 28: Vietnam Exchange Rate, 2020-25

List Of Figures

LIST OF FIGURES

Figure 1: Vietnam car manufacturing industry value: $ billion, 2020-25
Figure 2: Vietnam car manufacturing industry volume: thousand units, 2020-25
Figure 3: Vietnam car manufacturing industry category segmentation: thousand units, 2020-25
Figure 4: Vietnam car manufacturing industry geography segmentation: % share, by value, 2025
Figure 5: Vietnam car manufacturing industry value forecast: $ billion, 2025-30
Figure 6: Vietnam car manufacturing industry volume forecast: thousand units, 2025-30
Figure 7: Forces driving competition in the car manufacturing industry in Vietnam, 2025
Figure 8: Drivers of buyer power in the car manufacturing industry in Vietnam, 2025
Figure 9: Drivers of supplier power in the car manufacturing industry in Vietnam, 2025
Figure 10: Factors influencing the likelihood of new entrants in the car manufacturing industry in Vietnam, 2025
Figure 11: Factors influencing the threat of substitutes in the car manufacturing industry in Vietnam, 2025
Figure 12: Drivers of degree of rivalry in the car manufacturing industry in Vietnam, 2025
Figure 13: Vietnam car manufacturing industry share: % share, by volume, 2025