By the end of 2023, Vietnam had 74,000 plug in electric vehicles on the roads, yet EVs were still only about 7% of new car sales, highlighting just how uneven the shift is in a country with fast growing vehicle demand. At the same time, automotive trade and regulation move on their own timelines, from $3.7 billion in vehicle exports in 2023 to Euro 5 rules taking effect from 2022 and biofuel blending targets pushing E10 gasoline. This post pulls together the key Vietnam Auto Industry statistics to show what is accelerating, what is stuck, and what policymakers are trying to change.
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
Fleet & Registrations3 stats
01
1.8 million motor vehicles registered in Vietnam in 2021
02
9.1 million road vehicles (motor vehicles) in use in Vietnam in 2020
03
Vietnam’s vehicle ownership rate was 7.8 vehicles per 100 people in 2020
Interpretation
Fleet & Registrations Interpretation
Vietnam’s fleet is expanding steadily, with 9.1 million motor vehicles already in use in 2020 and 1.8 million registered in 2021, yet ownership remains relatively modest at 7.8 vehicles per 100 people, highlighting a growing but still not saturated vehicle market under Fleet and Registrations.
02 · Category
Trade & Tariffs2 stats
01
Vietnam’s total vehicle exports were $3.7 billion in 2023
02
Vietnam’s total vehicle exports were $2.8 billion in 2022
Interpretation
Trade & Tariffs Interpretation
Under the Trade and Tariffs angle, Vietnam’s vehicle exports rose from $2.8 billion in 2022 to $3.7 billion in 2023, signaling stronger cross border demand despite changing trade conditions.
03 · Category
Taxes & Regulation4 stats
01
Vietnam’s VAT on car purchases is 10% for most passenger cars
02
Vietnam’s Special Consumption Tax (SCT) on passenger cars is based on engine capacity bands and local list prices (rates vary)
03
Vietnam’s road use fee (registration fee) for cars varies by engine capacity and is set in official fee schedules
04
Vietnam’s vehicle roadworthiness registration and inspection requirements are governed under the Vietnam road traffic regulation system
Interpretation
Taxes & Regulation Interpretation
For Vietnam’s taxes and regulation, passenger cars face a fairly predictable cost framework where VAT is commonly 10% and other key charges like the SCT and road use fees rise with engine capacity and official schedules, while ongoing roadworthiness registration and inspection are enforced under the country’s traffic regulation system.
04 · Category
Emissions & Fuels5 stats
01
Vietnam’s E10 requirement (use of gasoline with 10% ethanol) targets blending mandate of up to 10% ethanol
02
Vietnam’s fuel ethanol blending mandate includes 10% (E10) for gasoline as per national directives
03
Vietnam planned to increase the share of domestically produced biofuel in gasoline and diesel through blending quotas
04
Vietnam’s CO2 emissions from transport were about 108 MtCO2 in 2022
05
Vietnam adopted Euro 5 emission standards for passenger cars, effective for vehicles type approvals from 2022 (per national roadmap)
Interpretation
Emissions & Fuels Interpretation
Vietnam is tightening its emissions and fuel framework by rolling out E10 ethanol blending up to 10% and adopting Euro 5 from 2022 while transport CO2 is still around 108 MtCO2 in 2022, signaling a clear shift toward lower carbon fuels and cleaner vehicle standards.
05 · Category
Fuel Consumption3 stats
01
Vietnam’s diesel consumption was about 9.5 million tonnes in 2022
02
Vietnam’s average retail gasoline price was around $1.07per liter in 2023 (annual avg, estimates)
03
Vietnam’s average retail diesel price was around $1.20per liter in 2023 (annual avg, estimates)
Interpretation
Fuel Consumption Interpretation
In the fuel consumption picture for Vietnam’s auto industry, diesel use reached about 9.5 million tonnes in 2022 while 2023’s average retail prices stayed relatively high at roughly $1.07 per liter for gasoline and $1.20 per liter for diesel.
06 · Category
Ev & Charging5 stats
01
Vietnam had about 25,000 public charging points by end-2023 (estimates)
02
EVs represented about 1.4% of new car sales in Vietnam in 2023 (estimate)
03
19,400 battery electric vehicles (BEVs) were registered in Vietnam in 2023 (stock of BEVs by registration).
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).
05
EVs had an estimated 7% share of new car sales in Vietnam in 2023 (EV sales share of new light-duty vehicles).
Interpretation
Ev & Charging Interpretation
By the end of 2023 Vietnam had an estimated 25,000 public charging points alongside 74,000 plug-in electric vehicle registrations, showing that charging capacity and the EV rollout are growing together even though EVs still accounted for only about 7% of new car sales in 2023.
More related reading
07 · Category
Supply Chain & Jobs3 stats
01
FPT Software and others reported Vietnam had 4,000+ jobs in automotive software/engineering by 2023
02
Vietnam had 70%+ of automotive spare parts manufacturing capacity concentrated in the Red River Delta region (estimate)
03
Vietnam’s manufacturing labor force participation was 49% in 2022
Interpretation
Supply Chain & Jobs Interpretation
In the Supply Chain and Jobs landscape, Vietnam is not only concentrating 70%+ of its automotive spare parts manufacturing capacity in the Red River Delta, but also supporting a growing talent pipeline with 4,000+ automotive software and engineering jobs by 2023 despite having just a 49% manufacturing labor force participation rate in 2022.
08 · Category
Macroeconomic Context4 stats
01
Vietnam’s GDP grew by 8.0% in 2022
02
Vietnam’s population was 100.7 million in 2023
03
Vietnam’s urban population share was 37.5% in 2023
04
Vietnam’s household final consumption expenditure grew to $112 billion in 2022 (current US$)
Interpretation
Macroeconomic Context Interpretation
Vietnam’s strong 8.0% GDP growth in 2022 and a rising household final consumption base of $112 billion in current US dollars signal a favorable macroeconomic environment for the auto industry, supported by a sizable and growing consumer base of 100.7 million people in 2023, with urbanization reaching 37.5%.
09 · Category
Production & Supply Chain2 stats
01
Local content for assembled passenger cars in Vietnam averaged about 30% in 2022 (typical local value-content share reported for assembled models under regulations).
02
Vietnam’s automotive component industry had over 1,000 active component suppliers by 2023 (supplier count in industrial directories and sector reports).
Interpretation
Production & Supply Chain Interpretation
In the Production and Supply Chain side of Vietnam’s auto industry, local value content for assembled passenger cars averaged about 30% in 2022 while the component ecosystem topped 1,000 active suppliers by 2023, signaling both growing domestic participation and a deepening supply base.
10 · Category
Cost Analysis1 stats
01
Vietnam’s diesel retail price in 2023 averaged around 21,000 VND/L (annual average retail diesel price level).
Interpretation
Cost Analysis Interpretation
In Vietnam’s cost landscape, the 2023 diesel retail price averaged about 21,000 VND per liter, underscoring how fuel expenses likely set a clear baseline for operating costs across the auto industry.
11 · Category
Market Size1 stats
01
Automotive and parts were Vietnam’s top manufacturing export category in 2023 with $...bn exports (sector export value from national trade statistics).
Interpretation
Market Size Interpretation
In 2023, automotive and parts were Vietnam’s top manufacturing export category with $...bn in exports, underscoring the sector’s dominant scale and reinforcing its strong market size position.
Reference
Cite This Report
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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 · attribution is report-level
+13 additional datasets cited (not shown individually)