In the second quarter of the year, Vietnam's automobile sales rose by 18% year on year, reaching 90,772 units. Though this growth is lower than the 20%+ increase seen in previous quarters, it still reflects robust momentum in the sector.

The country’s automotive growth is underpinned by steady GDP expansion, which reached 7.52% in the first half of 2025 — the highest level in 15 years — as well as sustained exports to the United States. Rising middle-class purchasing power is also playing a pivotal role in driving domestic car consumption.

Thanks to steady growth, Vietnam is expected to overtake the Philippines soon and secure its position as the fourth-largest auto market in the region.

Elsewhere in ASEAN, Malaysia has surpassed Indonesia to become the region's top automobile market for the first time.

Thailand, which is the third-largest market in ASEAN, recorded a 3.6% increase in the second quarter of the year, reaching 149,501 vehicles. This marked the first quarter of growth after nearly two years, mainly driven by the electric vehicle (EV) boom. In the first half of the year, EV sales in Thailand rose by 33%, accounting for 23% of the total market share.

VinFast secures leading market share in Vietnamese automobile market

VOV.VN - Vietnamese electric vehicle (EV) maker VinFast unveiled that it delivered more than 11,000 electric vehicles (EV) of all kinds to customers in October, raising the total number of EV deliveries to more than 51,000 units during the 10-month period to secure its place as the best-selling car brand in the Vietnamese automobile market.