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Vietnam Automobile Manufacturers' Association

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Vietnam auto market: SUV dominance and EV expansion

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Latest: Vietnam automotive market sees new model launches and used car price volatility

By mid-2026, Vietnam’s automotive market is undergoing a structural realignment, characterized by a deep shift toward SUVs, crossovers, and MPVs, while sedan sales have plummeted to multi-year lows. In June 2026, sedans