Automotive Market in Vietnam

Vietnam's automotive market is a rapidly growing sector in Southeast Asia. While motorbikes remain the dominant mode of transportation, car sales have been on the rise in recent years, fueled by a growing middle class and increasing urbanization.

Overview

Vietnam's traffic scene is a sea of motorbikes, but the car market is quietly growing under the hood. Its car sales are on an upward trajectory. Due to a developing domestic industry and a preference for affordable cars, the Vietnamese market relies heavily on imported vehicles, particularly Japanese and Korean brands.

However, the market is shifting gears with a growing buzz around electric vehicles. The government is pushing for a greener future with EV incentives and infrastructure investments, to have one million EVs on the road by 2028.

Popular Car Brands

Based on the latest February 2024 data from MarkLines, Toyota, Ford, Thaco Kia, and Thaco Mazda are currently leading the pack in the Vietnamese market. Thaco is a Vietnamese conglomerate that assembles and distributes cars from multiple brands, including Kia and Mazda. So, "Thaco Kia" and "Thaco Mazda" represent combined sales figures for those specific brands under Thaco.

Auto Shows in Vietnam

There are several significant auto shows and relevant trade shows in Vietnam, including:

• Vietnam Motor Show: A show typically held in the last quarter of the year.
• Vietnam AutoExpo: A show that covers the entire automotive industry, including vehicles, parts, and services.
• Automechanika Ho Chi Minh City: This show focuses on the automotive parts, repair, and maintenance sectors.
• Saigon Autotech & Accessories Show: A show with a wide range of automotive accessories and parts.

Overall, Vietnam's automotive market is on track to become a significant player in Southeast Asia, driven by the EV revolution and a growing domestic industry. With an increasing population and a focus on sustainability, Vietnam's automotive market is poised for an exciting ride ahead.

Grow together and be a part of the change. Get yourself a unique vinyl wrap film and lead as a trend leader. Contact our regional distributor today and wrap to evolve.

VIETNAM WRAP INSTALLERS

1    Auto 365 Bình Dương    101 Trương Định Street, Hiep Thanh, Thu Dau Mot , Binh Duong    Mr Vuong    (+84) 0877 365 365
2    V-Car    919 Ta Quang Buu Street, Ward 5, District 8, Ho Chi Minh City    Mr Vu    (+84) 0969 197 199
3    City Wrap - Ha Noi    Apartment A29, TSQ Commercial Center, Nguyen Van Loc Street, Mo Lao, Ha Dong    Ms Trang    (+84) 0366 666 142
4    City Wrap - Thanh Hoa    Laurel 6 Vinhome Star City, Dong Hai Ward, Thanh Hoa City    Mr Mười    (+84) 091 125 28 68
5    AKauto Saigon - Bình Thạnh Center    36 Nguyen Huu Canh Street, Binh Thanh, Ho Chi Minh City    Mr Cảnh    (+84) 090 393 96 83
6    AZ Decal    105 Street 40, Tan Phong Ward, District 7, Ho Chi Minh City    Mr Tiến    (+84) 0933 172 725
7    Tinks Wrap     225A Group 8, Hamlet 5, An Huu Commune, Cai Be District, Tien Giang    Mr Tường    (+84) 0773 670 367
8    Swagdetailing     06 Nguyen Thi Minh Khai, Hai Chau, Da Nang    Mr Viet    (+84) 0373 638 890
9    Việt Trần Auto    61 Hai Minh, Hong Hai Ward, Ha Long City, Quang Ninh    Mr Viet    (+84) 0904 92 11 55
10    365 Lâm Đồng - Minh Quân Auto    239 Nguyen Tu Luc, Ward 8, Da Lat    Mr Quân    (+84) 0848 365 365
11    Magic Car Spa    120 Hong Tien Street, Long Bien District, Hanoi    Mr Dung    (+84) 082 202 2200
12    GP Auto    Number 21, lot 17, Le Hong Phong - Dang Lam - Hai An - Hai Phong    Mr Khanh    (+84) 0935 399 991
13    Xuan Hieu Decal    D397 Group 8, Quarter 4, Long Binh Ward, Bien Hoa, Dong Nai    Mr Hieu    (+84) 038 252 1593
14    Wrap Studio    8 Viet Hung, Long Bien, Hanoi    Mr Hieu    (+84) 05 228 45678