Vietnam’s auto supply rose sharply in November, with the National Statistics Office estimating that 67,156 new vehicles entered the market, including both locally assembled and imported cars, an increase of 17.1 per cent from October.
Domestic assembly climbed to 50,900 units, up 24.1 per cent month on month and 8.2 per cent year on year, marking the strongest monthly output of 2025. Local manufacturers produced about 425,600 vehicles in the first eleven months, a rise of 37.4 per cent from a year earlier.
Between January and November, Vietnam imported 187,620 completely built up vehicles, an increase of 16.8 per cent year on year. Combined with domestic production, more than 613,000 new vehicles were supplied to the market in the eleven month period.
Industry data shows inventories remain high. By the end of October, domestic output and imports surpassed 546,000 units, while total sales reported by the Vietnam Automobile Manufacturers Association, VinFast and Hyundai Thanh Cong reached only about 455,000 units. Dealers expect nationwide inventories to remain near 100,000 vehicles.
The ample supply has intensified price competition as dealers work to clear stock before the year ends. Many brands have launched large scale discount programmes, helping stabilise prices and reducing the risk of shortages during the peak shopping season.
Market analysts say the rebound in domestic assembly reflects improved supply chains, wider use of tax incentives and a shift from imports to local production. Import value has also grown faster than import volume, signalling rising demand for mid range and premium models.
While abundant supply benefits buyers, prolonged discounting is putting pressure on automakers’ margins. Some manufacturers may adjust production or import plans in early 2026 to prevent excess inventory. Dealers note that frequent promotions are reinforcing a wait for discounts mindset among consumers, adding more pricing pressure.
Despite these challenges, the year end auto market is expected to stay highly competitive, with buyers enjoying some of the most favourable price conditions in years as automakers balance inventory levels, production plans and long term strategies in a fast changing market.
