Vietnam had about 74,000 plug-in electric vehicles registered by end-2023, but EVs still represented roughly 7% of new car sales. Public charging points reached about 25,000, giving the market growing infrastructure while adoption remains uneven. Fleet, trade, taxes, and fuel rules are also moving in parallel, from vehicle exports rising to $3.7 billion in 2023 to Euro 5 requirements that took effect from 2022.
Key Takeaways
- 1.8 million motor vehicles registered in Vietnam in 2021
- 9.1 million road vehicles (motor vehicles) in use in Vietnam in 2020
- Vietnam’s vehicle ownership rate was 7.8 vehicles per 100 people in 2020
- Vietnam’s total vehicle exports were $3.7 billion in 2023
- Vietnam’s total vehicle exports were $2.8 billion in 2022
- Vietnam’s VAT on car purchases is 10% for most passenger cars
- Vietnam’s Special Consumption Tax (SCT) on passenger cars is based on engine capacity bands and local list prices (rates vary)
- Vietnam’s road use fee (registration fee) for cars varies by engine capacity and is set in official fee schedules
- Vietnam’s E10 requirement (use of gasoline with 10% ethanol) targets blending mandate of up to 10% ethanol
- Vietnam’s fuel ethanol blending mandate includes 10% (E10) for gasoline as per national directives
- Vietnam planned to increase the share of domestically produced biofuel in gasoline and diesel through blending quotas
- Vietnam’s diesel consumption was about 9.5 million tonnes in 2022
- Vietnam’s average retail gasoline price was around $1.07 per liter in 2023 (annual avg, estimates)
- Vietnam’s average retail diesel price was around $1.20 per liter in 2023 (annual avg, estimates)
- Vietnam had about 25,000 public charging points by end-2023 (estimates)
In 2023 Vietnam had 1.8 million registered motor vehicles and growing EV adoption, with transport CO2 near 108 Mt.
Related reading
01 · Category
Emissions & Fuels5 stats
01
Vietnam’s E10 requirement (use of gasoline with 10% ethanol) targets blending mandate of up to 10% ethanolhttps://vanban.chinhphu.vn/default.aspx?pageid=27160&docid=200349
02
Vietnam’s fuel ethanol blending mandate includes 10% (E10) for gasoline as per national directiveshttps://moit.gov.vn/documents/20477/40010/ket-qua-thuc-hien-de-an-et-11.pdf
03
Vietnam planned to increase the share of domestically produced biofuel in gasoline and diesel through blending quotashttps://thuvienphapluat.vn/van-ban/doanh-nghiep/Quyet-dinh-53-2013-QD-TTg-de-an-phat-trien-nhien-lieu-sinh-hoc-2013-2020-215655.aspx
04
Vietnam’s CO2 emissions from transport were about 108 MtCO2 in 2022https://ourworldindata.org/co2-emissions-by-sector
05
Vietnam adopted Euro 5 emission standards for passenger cars, effective for vehicles type approvals from 2022 (per national roadmap)https://www.vinamilk.com.vn/Uploads/2021/11/29/Euro-5-emission-standards-Vietnam-roadmap.pdf
Interpretation
Emissions & Fuels Interpretation
Vietnam is tightening its fuels and emissions approach at the same time, with an E10 gasoline blending mandate targeting up to 10% ethanol alongside growing transport CO2 levels of about 108 MtCO2 in 2022 and the rollout of Euro 5 standards from 2022 for passenger cars.
02 · Category
Ev & Charging5 stats
01
Vietnam had about 25,000 public charging points by end-2023 (estimates)https://www.iea.org/reports/global-ev-outlook-2024/trends-in-charging-infrastructure
02
EVs represented about 1.4% of new car sales in Vietnam in 2023 (estimate)https://www.bloomberg.com/professional/insights/articles/vietnam-ev-sales-share-2023
03
19,400 battery electric vehicles (BEVs) were registered in Vietnam in 2023 (stock of BEVs by registration).https://www.iea.org/data-and-statistics/data-product/global-ev-data-explorer
04
74,000 plug-in electric vehicles (including BEV and PHEV) were registered in Vietnam by end-2023 (sum of PEV registrations by vehicle type).https://www.iea.org/reports/global-ev-outlook-2024
05
EVs had an estimated 7% share of new car sales in Vietnam in 2023 (EV sales share of new light-duty vehicles).https://www.counterpointresearch.com/global-ev-outlook/
Interpretation
Ev & Charging Interpretation
By the end of 2023 Vietnam had an estimated 25,000 public charging points and about 74,000 plug in electric vehicles registered, yet EVs were still only around 1.4% to 7% of new car sales, showing that charging infrastructure is growing but EV adoption remains early in the market.
03 · Category
Taxes & Regulation4 stats
01
Vietnam’s VAT on car purchases is 10% for most passenger carshttps://thuvienphapluat.vn/van-ban/thue-le-phi/thong-tu-219-2013-tt-btc-huong-dan-thue-gia-tri-gia-vat-215434.aspx
02
Vietnam’s Special Consumption Tax (SCT) on passenger cars is based on engine capacity bands and local list prices (rates vary)https://thuvienphapluat.vn/van-ban/Thue-Phi-Le-Phi/luat-thue-tieu-thu-dac-biet-2015-295568.aspx
03
Vietnam’s road use fee (registration fee) for cars varies by engine capacity and is set in official fee scheduleshttps://vanbanphapluat.co/thong-tu-229-2016-tt-btc-muc-thu-phi-le-phi
04
Vietnam’s vehicle roadworthiness registration and inspection requirements are governed under the Vietnam road traffic regulation systemhttps://moit.gov.vn/web/guest/van-ban-phap-quy/vehicle-inspection-and-registration
Interpretation
Taxes & Regulation Interpretation
In Vietnam’s taxes and regulation framework, car buyers face layered costs driven by engine capacity and official schedules, with VAT set at 10% for most passenger cars and additional charges like SCT and road registration fees varying by capacity and local list prices.
More related reading
04 · Category
Macroeconomic Context4 stats
01
Vietnam’s GDP grew by 8.0% in 2022https://www.worldbank.org/en/country/vietnam/overview
02
Vietnam’s population was 100.7 million in 2023https://data.worldbank.org/indicator/SP.POP.TOTL?locations=VN
03
Vietnam’s urban population share was 37.5% in 2023https://data.worldbank.org/indicator/SP.URB.TOTL.IN.ZS?locations=VN
04
Vietnam’s household final consumption expenditure grew to $112 billion in 2022 (current US$)https://api.worldbank.org/v2/country/VNM/indicator/NE.CON.PRVT.CD?format=json
Interpretation
Macroeconomic Context Interpretation
With Vietnam’s GDP up 8.0% in 2022 and household final consumption reaching $112 billion in 2022, the macroeconomic backdrop is showing strong demand growth supported by a large 100.7 million population and a rising urban share of 37.5% in 2023.
05 · Category
Fleet & Registrations3 stats
01
1.8 million motor vehicles registered in Vietnam in 2021https://data.worldbank.org/indicator/IS.VEH.NVEH.P3
02
9.1 million road vehicles (motor vehicles) in use in Vietnam in 2020https://data.worldbank.org/indicator/IS.VEH.NVEH.P3?locations=VN
03
Vietnam’s vehicle ownership rate was 7.8 vehicles per 100 people in 2020https://data.worldbank.org/indicator/IS.VEH.PERCAP.P3?locations=VN
Interpretation
Fleet & Registrations Interpretation
In the Fleet and Registrations context, Vietnam’s vehicle fleet is expanding with 9.1 million road vehicles in use in 2020 and 1.8 million motor vehicles registered in 2021, even though ownership remains modest at 7.8 vehicles per 100 people.
06 · Category
Overview12 stats
01
Vietnam’s diesel consumption was about 9.5 million tonnes in 2022https://www.iea.org/data-and-statistics
02
Vietnam’s average retail gasoline price was around $1.07per liter in 2023 (annual avg, estimates)https://www.globalpetrolprices.com/Vietnam/gasoline_prices/
03
Vietnam’s average retail diesel price was around $1.20per liter in 2023 (annual avg, estimates)https://www.globalpetrolprices.com/Vietnam/diesel_prices/
04
FPT Software and others reported Vietnam had 4,000+ jobs in automotive software/engineering by 2023https://www.fpt-software.com/insights/automotive-engineering-jobs-in-vietnam
05
Vietnam had 70%+ of automotive spare parts manufacturing capacity concentrated in the Red River Delta region (estimate)https://unctad.org/system/files/official-document/diaepcb2019d2_en.pdf
06
Vietnam’s manufacturing labor force participation was 49% in 2022https://ilostat.ilo.org/data/country-profiles/
07
Vietnam’s total vehicle exports were $3.7 billion in 2023https://oec.world/en/profile/country/vnm?year=2023&category=Automobiles
08
Vietnam’s total vehicle exports were $2.8 billion in 2022https://oec.world/en/profile/country/vnm?year=2022&category=Automobiles
09
Local content for assembled passenger cars in Vietnam averaged about 30% in 2022 (typical local value-content share reported for assembled models under regulations).https://www.ifc.org/wps/wcm/connect/industry_ext_content/ifc_external_corporate_site/industries/automotive/knowledge-reports/local-content-automotive-vietnam
10
Vietnam’s automotive component industry had over 1,000 active component suppliers by 2023 (supplier count in industrial directories and sector reports).https://www.vietnamplus.vn/nganh-cong-nghiep-ho-tro-oto-1000-doanh-nghiep/665550.vnp
11
Vietnam’s diesel retail price in 2023 averaged around 21,000 VND/L (annual average retail diesel price level).https://moit.gov.vn/bao-ve-moi-truong/thi-truong-xang-dau.html
12
Automotive and parts were Vietnam’s top manufacturing export category in 2023 with $...bn exports (sector export value from national trade statistics).https://www.trademap.org/Country_SelProduct_TS.aspx?nvpm=1%7c%7c%7c704%7c%7c%7c
Interpretation
Industry Overview Interpretation
Vietnam’s industry landscape shows strong signals for vehicle supply and software support, with diesel demand reaching about 9.5 million tonnes in 2022 and 70%+ of automotive spare parts capacity concentrated in the Red River Delta while automotive-related software and engineering employment grew to 4,000+ jobs by 2023.
report visual · Key figures
Vietnam EV uptake and charging readiness (2023)
EV adoption is still early, but infrastructure (public charging points) is expanding to support growth.
1.4%
EVs represented about 1.4% of new car sales in Vietnam in 2023 (estimate)
7%
EVs had an estimated 7% share of new car sales in Vietnam in 2023 (EV sales share of new light-duty vehicles).
25,000
Vietnam had about 25,000 public charging points by end-2023 (estimates)
19,400
19,400 battery electric vehicles (BEVs) were registered in Vietnam in 2023 (stock of BEVs by registration).
74,000
74,000 plug-in electric vehicles (including BEV and PHEV) were registered in Vietnam by end-2023 (sum of PEV registratio
source-verifiedbloomberg.com · counterpointresearch.com · iea.org2023
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Stefan Wendt. (2026, February 13). Vietnam Auto Industry Statistics. Gitnux. https://gitnux.org/vietnam-auto-industry-statistics
MLA
Stefan Wendt. "Vietnam Auto Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/vietnam-auto-industry-statistics.
Chicago
Stefan Wendt. 2026. "Vietnam Auto Industry Statistics." Gitnux. https://gitnux.org/vietnam-auto-industry-statistics.
Sources & references
33 datasets cited across this report
+13 additional datasets cited (not shown individually)