Vietnam’s car market is booming, with sales up 23% in early 2025 compared to 2024. Electric vehicles (EVs) are leading the charge, driven by VinFast‘s dominance and government incentives. Here’s a snapshot of the best-sellers:
- VinFast VF 3: Affordable urban EV with 210 km range, priced at 322 million VND.
- VinFast VF 5: Compact EV crossover with 326 km range, popular with families and businesses.
- VinFast VF 6: B-segment SUV blending space and efficiency; expanding globally.
- Mitsubishi Xpander: Vietnam’s favorite gasoline MPV, priced from 560 million VND.
- Ford Ranger: The go-to pickup for durability, starting at 669 million VND.
- Mazda CX-5: Stylish C-segment SUV, now more affordable at 714 million VND.
- Hyundai Accent: Budget-friendly sedan with prices from 439 million VND.
- Toyota Vios: Reliable sedan, priced between 458–545 million VND.
- Kia Seltos: Compact SUV offering style and utility, starting at 599 million VND.
- Honda City: Practical sedan with strong sales, priced from 499 million VND.
Key Trends:
- EVs now make up 20% of new car sales, with VinFast capturing 30% of the market.
- Government policies, like registration fee exemptions, are accelerating EV adoption.
- SUVs, compact cars, and fuel-efficient vehicles dominate consumer preferences.
Vietnam’s car market is shifting rapidly, with EVs and smart mobility leading the way.
✅ VinFast VF 3, VF5 Vua doanh số ô tô tại Việt Nam | Xe điện giá rẻ VF3 | Vinfast Vĩnh Phúc
1. VinFast VF 3
The VinFast VF 3 has taken the lead in Vietnam’s automotive market, proving that compact electric vehicles can thrive in this space. In June 2025 alone, the VF 3 sold an impressive 3,667 units, securing a 7.7% market share. Its year-to-date sales reached 23,083 units, accounting for 9.1% of the market.
As the smallest battery electric vehicle in VinFast’s lineup, the VF 3 is tailored for urban environments. Its compact size makes it an excellent choice for navigating the bustling streets of Ho Chi Minh City or Hanoi. Measuring 3,190 mm in length, 1,679 mm in width, and 1,622 mm in height, it strikes a great balance between agility and interior comfort.
Performance and Specifications
The VF 3 is designed for efficient city driving, powered by a 32 kW electric motor that delivers 110 Nm of torque. With rear-wheel drive, it accelerates from 0 to 50 km/h in just 5.3 seconds, offering quick responsiveness for urban commutes. Its 18.64 kWh lithium-ion battery provides a 210 km range per charge (based on NEDC standards), which is more than enough for most daily trips in Vietnam’s cities.
Charging is quick and convenient, with the VF 3 able to go from 10% to 70% charge in just 36 minutes, addressing concerns about range and downtime. With a ground clearance of 191 mm, it handles everything from smooth city roads to the uneven surfaces often found in rural areas.
Interior and Technology
Despite its compact footprint, the VF 3 comfortably seats four passengers, thanks to a 2,075 mm wheelbase that maximises interior space. Need extra storage? The rear seats fold down to provide 285 litres of cargo space, ideal for errands or short trips. Inside, a 10-inch touchscreen adds a modern touch, keeping up with the tech needs of urban drivers.
The VF 3 also caters to younger buyers with 8 vibrant exterior colour options, allowing them to choose a car that matches their personality.
Pricing and Value
One of the VF 3’s biggest draws is its affordability. Priced at 322 million VND (around $12,670) with the battery included, it undercuts many gasoline-powered competitors. VinFast CEO Pham Nhat Vuong has highlighted its lower total cost of ownership, thanks to cheaper energy costs per kilometre and reduced maintenance compared to traditional gasoline vehicles.
For those on a budget, financing options make the VF 3 even more accessible. Buyers can start with down payments of 50–70 million VND and pay monthly instalments of just over 2 million VND for up to 8 years. This pricing strategy, combined with its urban-friendly design, has helped the VF 3 resonate with Vietnamese buyers looking for smart mobility solutions.
Market Reception
The VF 3’s reception has been overwhelmingly positive. Within just 66 hours of opening for pre-orders, it received 27,649 deposits, showcasing its strong appeal. Commenting on this achievement, VinFast Vietnam CEO Duong Thi Thu Trang said:
"The 27,649 pre-orders received within 66 hours is a testament to the strong support and trust of the Vietnamese people for VinFast. We are extremely grateful for our customers’ endorsement for the VF 3 and our brand, and we will strive to continue to earn their support as we grow into a world-class Vietnamese automaker".
Backing this confidence is a solid warranty: 7 years or 160,000 km for the vehicle and 8 years with unlimited kilometres for the battery, ensuring peace of mind for buyers.
2. VinFast VF 5
Building on the VF 3’s popularity in urban transportation, the VinFast VF 5 expands the brand’s reach with its adaptable crossover design, appealing to both individual users and commercial services.
The VF 5 has become a standout in Vietnam’s electric vehicle market, securing its position as the second best-selling model. It recorded 4,232 units sold in May, 3,060 in June, and an impressive 21,812 units in the first half of 2025 . This A-segment electric crossover has gained traction among young families, first-time car buyers, and businesses like ride-hailing and delivery services. Its affordability, reliable performance, and low running costs make it a practical choice.
Design and Build Quality
The VF 5 boasts a modern exterior with sharp lines and aerodynamic curves, giving it a stylish yet functional appearance. As a 5-door hatchback in the crossover category, it ensures ease of access without compromising on its sleek profile.
Inside, the cabin is thoughtfully designed, offering a spacious layout that combines matte and glossy finishes with soft-touch materials for a high-end feel. The interior maximizes space efficiency, making it a comfortable option for daily commutes and family outings.
Performance and Technical Specifications
Under the hood, the VF 5 is powered by a 100 kW front-wheel-drive motor, delivering 134 horsepower and 135 Nm of torque. It accelerates from 0 to 100 km/h in 10.9 seconds and reaches a top speed of 130 km/h.
The vehicle is equipped with a 37.23 kWh battery, offering a driving range of 326 km on a single charge. This range is particularly suited for urban drivers in cities like Ho Chi Minh City and Hanoi, as well as short intercity trips.
Technology and Safety Features
The VF 5 is packed with features designed to enhance convenience and safety. These include:
- 8-inch touchscreen with Android Auto
- Hill-start assist
- Tyre pressure monitoring system
- Stability and blind-spot alerts
- Cruise control
- ABS with electronic brake force distribution
- Keyless entry with push-start
- Manual air conditioning
- Driver and passenger front airbags
Market Performance and Growth
The VF 5’s success mirrors Vietnam’s growing embrace of electric vehicles. In Q1 2025, VF 5 deliveries surged by 153% year-over-year, contributing significantly to VinFast’s 296% global delivery growth. Alongside the VF 3, the VF 5 accounted for 67% of Q1 volumes, highlighting its pivotal role in the market.
Madam Thuy Le, VinFast’s Chairwoman, emphasized the importance of the VF 5 in the company’s strategy:
"The VF 3 and VF 5 continued their strong performance as key growth drivers in 1Q25, alongside the promising emergence of models like the VF 6. For 2025, VinFast is steadfast in our mission to spearhead the global adoption of green transportation through innovative, smart vehicles".
Value Proposition
VinFast has positioned the VF 5 as a cost-effective option for urban drivers. Its compact size, competitive range, advanced features, and expanding charging infrastructure make it a compelling alternative to traditional petrol-powered vehicles. The model’s popularity among ride-hailing services further underlines its practicality and low total cost of ownership, even in high-mileage scenarios.
The VF 5’s strong market performance sets a solid foundation for VinFast’s next-generation models, showcasing the company’s vision for sustainable mobility.
3. VinFast VF 6
The VinFast VF 6, a compact B-segment SUV, strikes a balance between urban convenience and family-friendly utility. In the first half of 2025, VinFast delivered 8,552 units of the VF 6, with 1,763 sold in April, 1,393 in May, and 1,245 in June. This performance earned the VF 6 a 3.4% market share, making it the third-best-selling model in VinFast’s lineup.
Market Performance and Growth Trajectory
The VF 6 has demonstrated impressive growth, with Q1 2025 deliveries soaring by 453% compared to the same period in 2024. By April, cumulative deliveries reached 5,914 units, climbing to 7,307 by May. This strong momentum highlights the VF 6’s ability to carve out a space in a market traditionally dominated by petrol-powered SUVs, showcasing its appeal as a forward-thinking electric alternative.
Design and Positioning Strategy
Designed for families and professionals who need more space than the VF 3 and VF 5 offer, the VF 6 combines practicality with a touch of sophistication. It’s crafted to handle both the hustle of daily urban commutes and the demands of family outings, making it a versatile choice for a wide range of buyers. This thoughtful design aligns seamlessly with VinFast’s broader push to expand its market influence.
Expanding Market Presence
Building on its strong domestic performance, the VF 6 is now making strides internationally, with an expansion into Indonesia. Domestically, it captured a 23.9% market share in June and an impressive 26.5% share in the first half of 2025. This success at home serves as a launchpad for VinFast’s ambitions to grow its presence on the global stage.
Value for Vietnamese Buyers
The VF 6 offers a compelling mix of advanced electric technology and the practicality of an SUV, meeting the needs of Vietnamese families who prioritize space and efficiency. This combination not only strengthens VinFast’s leadership in the electric vehicle market but also supports the broader push toward EV adoption in Vietnam.
4. Mitsubishi Xpander
The Mitsubishi Xpander has firmly established itself as the leader in Vietnam’s gasoline MPV market, with 8,187 units sold in the first half of 2025. Marketed as a "crossover MPV", this compact multi-purpose vehicle is a top choice for Vietnamese families. Its consistent performance is reflected in the monthly sales figures, which highlight its strong market presence.
Consistent Monthly Sales Performance
Throughout 2025, the Xpander has maintained steady sales. In February, Mitsubishi sold 1,053 units, and in April, the model added 972 units to the company’s overall sales. The momentum continued to build, peaking in June 2025 with 1,724 units sold, marking the sixth consecutive month the Xpander led the MPV segment.
Competitive Pricing and Variants
Mitsubishi has positioned the Xpander as an affordable yet versatile option, offering three variants with the following price points:
| Variant | Transmission | Price (VNĐ) |
|---|---|---|
| Xpander MT | Manual | 560 million |
| Xpander AT | Automatic | 598 million |
| Xpander Premium AT | Automatic | 658 million |
Practical Design and Performance
The Xpander’s appeal lies in its thoughtful design, tailored to meet family needs. Its spacious three-row seating comfortably accommodates seven passengers. Under the hood, a 1,498cc petrol engine delivers 104 horsepower, striking a balance between performance and fuel efficiency. Compared to rivals like the Hyundai Venue, which has a smaller 998cc engine and seats only five, the Xpander offers more versatility for families.
Customer Praise and Global Recognition
Vietnamese buyers appreciate the Xpander for its roomy interior, fuel efficiency, and safety features. Many owners highlight its comfort, performance, and practicality. Beyond Vietnam, the Xpander’s popularity extends globally. It climbed Mitsubishi’s sales rankings, moving from the fourth-best-selling model in 2018–2019 to third place in 2021. This international success reflects the Xpander’s ability to meet the needs of emerging markets across Southeast Asia while maintaining a strong foothold locally.
5. Ford Ranger
The Ford Ranger has held the title of Vietnam’s best-selling pickup for five years straight. This milestone highlights its appeal to Vietnamese buyers who prioritize durability, versatility, and performance in their vehicles.
Strong Market Presence
In early 2025, the Ranger dominated vehicle sales, with April 2025 alone recording 4,164 units sold. This impressive performance underscores Ford Vietnam’s firm foothold in the market.
"That momentum carried through into the first quarter and helped drive our overall performance." – Pham Van Dung, Managing Director of Ford Vietnam
This solid market position has allowed Ford to implement a pricing strategy that caters to a wide range of customer preferences.
Diverse Variants and Competitive Pricing
Ford offers six Ranger variants, ensuring there’s an option for every budget and need. Here’s a breakdown of the available models and their prices:
| Variant | Transmission | Price (VNĐ) |
|---|---|---|
| XL MT 4X4 | Manual | 669 million |
| XLS AT 4X2 | Automatic | 707 million |
| XLS AT 4X4 | Automatic | 776 million |
| Sport AT 4X4 | Automatic | 864 million |
| Wildtrak AT 4X4 | Automatic | 979 million |
| Stormtrak AT 4X4 | Automatic | 1.04 billion |
This pricing positions the Ranger as a strong competitor against other pickups like the Toyota Hilux (668–999 million VNĐ), Mitsubishi Triton (655–924 million VNĐ), and Nissan Navara (685–960 million VNĐ).
Performance and Features That Stand Out
What sets the Ranger apart isn’t just its pricing – it’s the truck’s exceptional capabilities. With a towing capacity of 3,402 kg and a payload capacity of 811 kg, it meets the demands of both businesses and families in Vietnam. The Ranger also comes equipped with modern tech like a touchscreen infotainment system featuring Bluetooth connectivity and wireless charging. Safety features include ABS and multiple airbags, ensuring peace of mind for drivers and passengers alike.
Vietnamese buyers also value the Ranger for its smooth, comfortable ride and user-friendly features, such as its intuitive touchscreen interface. It has earned an 8.2 out of 10 rating from Edmunds, reflecting its strong performance in several areas. However, some owners have noted that fuel efficiency could be improved.
These strengths make the Ford Ranger a standout in Vietnam’s pickup truck market, setting a high standard for performance and reliability.
6. Mazda CX-5
The Mazda CX-5 has carved out a strong foothold in Vietnam’s C-segment SUV market by offering an appealing mix of design, performance, and affordability. This 5-seater SUV consistently aligns with local preferences, making it a popular choice among Vietnamese consumers.
Robust Sales Performance
In April 2025, the Mazda CX-5 sold 1,416 units, marking a 28.8% increase compared to the previous month and placing it among Vietnam’s top 10 best-selling cars during that period. By May 2025, it outperformed competitors like the Ford Ranger and Mitsubishi Xpander for the first time that year. From January to April 2025, total sales reached 4,438 units, a 42.3% jump over the same timeframe in 2024. Following its impressive 2024 sales of 14,781 units, the CX-5 continues to show upward momentum.
Pricing Strategy
Mazda introduced the 2025 CX-5 in Vietnam with three main variants: Deluxe (VNĐ 749 million), Luxury (VNĐ 789 million), and Premium (VNĐ 829 million). In May 2025, Mazda reduced the price of the Deluxe variant to VNĐ 714 million, down from VNĐ 749 million. Additionally, in April 2025, the 2024 Deluxe version was offered at a promotional price of VNĐ 694 million. These adjustments strategically position the CX-5 against smaller B-segment SUVs like the Toyota Yaris Cross, Hyundai Creta, and Kia Seltos, which are priced between VNĐ 599–650 million.
"Việc hãng giảm giá bán của CX-5 là động thái cho thấy hãng xe Nhật muốn ‘các đối thủ chán luôn’, không còn động lực để cạnh tranh" – Đoàn Anh Dũng, Chuyên gia
Engine Options and Performance
The CX-5 comes with two petrol engine options: a 1,998cc engine and a 2,498cc engine, both paired with automatic transmissions. This flexibility allows buyers to select the power level that suits their driving needs and budget, while maintaining the reliability and fuel efficiency that make it a go-to option for families.
Comprehensive Features That Matter
The CX-5 is packed with features designed to meet the needs of Vietnamese drivers. It includes leather seats, a multifunction steering wheel, automatic climate control, Bluetooth, USB ports, and advanced safety systems like i-Activsense, ABS, and airbags. Other practical and premium touches include cruise control, an engine start/stop button, rain-sensing wipers, alloy wheels, fog lights, a sunroof, and electric folding mirrors [53, 60]. These features strike a balance between comfort, convenience, and safety.
Competitive Positioning
The Mazda CX-5 stands out by blending refined design with driving pleasure. While competitors like the Honda CR-V are known for reliability and spaciousness, and the Hyundai Tucson emphasizes bold styling and advanced tech, the CX-5 wins over Vietnamese buyers with its premium interiors and well-rounded appeal. With global sales exceeding 4.5 million units, the CX-5 brings a proven track record to Vietnam. This combination of international success and local relevance cements its position as a standout choice in the market.
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7. Hyundai Accent
The Hyundai Accent continues to be a strong contender in Vietnam’s sedan market, offering a mix of affordability, modern features, and fuel efficiency. This 5-seater sedan remains a popular choice for buyers looking for great value. Its appeal is clearly reflected in its performance in the market.
In March 2025 alone, Hyundai sold an impressive 967 units of the Accent, showcasing its strong demand. The car is available in four variants, with prices ranging from VNĐ 439 million for the 1.5 MT to VNĐ 569 million for the 1.5 AT High Class. Compared to competitors like the Honda City (VNĐ 499–569 million), Toyota Vios (VNĐ 458–545 million), Mitsubishi Attrage (VNĐ 380–490 million), and MG 5 (around VNĐ 399 million), the Accent remains competitively priced.
Under the hood, the Accent is powered by a 1.5-litre gasoline engine that delivers 113 horsepower. It strikes a balance between performance and fuel efficiency, perfectly suited for Vietnam’s driving conditions. Buyers can also choose between manual, CVT, and automatic transmission options, catering to different driving preferences.
Designed for Urban Living
The Accent is thoughtfully designed to handle Vietnam’s urban roads. Its dimensions – 4,370 mm in length, 1,700 mm in width, and 1,457 mm in height – make it compact enough for city driving and parking. A ground clearance of 147 mm ensures it can navigate typical urban obstacles with ease.
Packed with Features
Hyundai has equipped the Accent with a variety of features to enhance comfort and safety. Standard features include central locking, a multi-function steering wheel, rear air conditioning vents, and an engine start/stop button. On the safety side, it offers front impact beams, a driver airbag, seat belt warnings, child safety locks, and an Anti-Lock Braking System (ABS).
Personalisation Options
To cater to individual tastes, the Accent is available in six colours: Red, Veloster Red, White Crystal, Blue Ocean, Sleek Silver, and Phantom Black. These options let buyers personalise their car while keeping its sleek and modern style intact.
Why the Accent Stands Out
The Hyundai Accent has built a reputation for reliability and practicality, qualities that resonate with Vietnamese consumers. With its well-rounded features, competitive pricing, and performance tailored for local roads, it continues to hold its place as a top choice in the sedan segment.
8. Toyota Vios
The Toyota Vios has solidified its reputation as Vietnam’s favorite sedan, with an impressive sales record of 67,787 units between 2014 and 2018. This momentum hasn’t slowed down – 1,041 units were sold in March 2025, followed by 3,058 units in April 2025, keeping it among the top performers in the market.
When it comes to pricing, the Vios offers attractive options. The base 1.5E MT model starts at VNĐ 458 million, while the top-tier 1.5G CVT variant is priced at VNĐ 545 million. The 1.5E CVT model fits snugly in between at VNĐ 488 million. Compared to rivals like the Honda City (VNĐ 499–569 million), MG 5 (around VNĐ 399 million), and Mitsubishi Attrage (VNĐ 380–490 million), the Vios strikes a balance between cost and features. This pricing, paired with its strong performance, makes it a compelling choice.
Proven Performance and Efficiency
Under the hood, the Vios is powered by a dependable 1.5-litre 2NR-FE engine that delivers 106 horsepower and 140 Nm of torque. Its standout feature is fuel efficiency – consuming just 5.8 litres per 100 kilometres. Buyers have the option of a 5-speed manual transmission or a smooth CVT automatic, catering to different driving preferences. Beyond efficiency, the Vios ensures a solid driving experience backed by Toyota’s engineering.
Comprehensive Safety Features
Safety is a priority for the Vios, which comes equipped with ABS, EBD, and Brake Assist as standard. Additional features like Vehicle Stability Control, Traction Control, and Hill-start Assist boost driver confidence. Higher variants also offer up to 7 airbags, a rear camera, and parking sensors, giving drivers and passengers peace of mind.
Comfort and Modern Conveniences
Inside the cabin, the Vios focuses on comfort and functionality. Standard features include air conditioning, power steering, and keyless entry. The higher-end models further elevate the experience with a touchscreen infotainment system, Bluetooth connectivity, LED headlamps, and alloy wheels. Some variants even include leather-trimmed seats and steering wheels, adjustable seating, and clever storage solutions.
Why Vietnamese Buyers Choose the Vios
The Toyota Vios remains a top pick for many Vietnamese families, thanks to Toyota’s strong reputation for reliability and a design tailored to local conditions. Drivers appreciate its smooth ride and fuel-efficient engine, though some have noted minor drawbacks like the absence of a telescopic steering wheel and unconventional storage placements. Its popularity is reflected in a 21% year-on-year sales increase in April 2025.
With its blend of reliability, efficiency, and thoughtful features, the Toyota Vios continues to deliver great value, meeting the daily needs of countless Vietnamese households.
9. Kia Seltos
The Kia Seltos has carved out a solid spot in Vietnam’s bustling SUV market, offering an appealing mix of style, functionality, and affordability. Sitting between the Stonic/Sonet and the Sportage in Kia’s lineup, it’s a smart pick for families looking for the versatility of an SUV without breaking the bank.
With prices ranging from VNĐ 599 million to VNĐ 799 million across seven different variants, the Seltos caters to a wide range of budgets and feature preferences. This competitive pricing adds to its global reputation.
Global Success Story
The Seltos isn’t just popular in Vietnam – it’s a hit worldwide. In fact, it was Kia’s second best-selling model globally in both 2020 and 2021, right after the Sportage. India is its largest single market, further highlighting its international success. This global popularity reflects its well-thought-out design and practicality, making it a trusted option for buyers.
Engine Performance and Specifications
The Seltos is powered by a 1,498cc petrol engine, delivering between 113 and 158 horsepower, depending on the variant. Designed to comfortably seat five passengers, it offers both CVT and dual-clutch transmission options, catering to different driving preferences. These specs make it a practical choice for both city driving and longer journeys.
Design and Practicality
The Seltos combines a sleek, modern exterior with a spacious interior, making it suitable for everything from daily commutes to weekend getaways. Customers on Oto Singapore give it a solid 4.2/5 rating, reflecting its well-rounded appeal.
Competitive Positioning
In Vietnam, the Seltos competes head-to-head with rivals like the Honda HR-V and Hyundai Kona. Its strong fundamentals, eye-catching design, and reasonable pricing make it an attractive option for families – whether they’re purchasing their first SUV or upgrading from a sedan. The growing demand for crossover SUVs in Vietnam only strengthens its position in the market.
10. Honda City
The Honda City rounds out our top 10 list with its well-earned reputation for dependability, comfort, and solid performance. This compact sedan continues to be a go-to choice for families in Vietnam, offering a practical vehicle that combines affordability with Honda’s trusted build quality.
Strong Market Performance
In November, the Honda City sold an impressive 2,327 units, securing third place among the top 10 best-selling cars in Vietnam. This strong performance played a key role in Honda’s overall success, with cumulative automobile sales for fiscal year 2025 reaching 19,774 units – a 31% increase compared to the previous year.
Competitive Pricing Structure
The Honda City lineup includes three variants to suit different budgets. The City G is priced at VNĐ 499 million, the City L at VNĐ 539 million, and the sporty City RS at VNĐ 569 million. This pricing positions the City as a competitor to models like the Toyota Vios and Hyundai Accent, though it sits slightly above some budget-friendly alternatives. These price points reflect the value offered by the City’s strong performance and quality.
Technical Specifications and Performance
Under the hood, the Honda City features a 1,498cc petrol engine delivering 119 hp, paired with a CVT transmission for smooth handling in city driving. Its dimensions – 4,580 mm (L) x 1,748 mm (W) x 1,467 mm (H) – provide ample space for five passengers, while the 40-litre fuel tank and 134 mm ground clearance enhance its practicality.
Customer Feedback and Expert Opinions
The Honda City has garnered positive reviews from its users, achieving an average rating of 4.3 out of 5 from 194 customer reviews. Drivers frequently highlight its comfortable interior and fuel-efficient engine, though some note that taller passengers might find the rear seat headroom a bit limited.
"The Honda City remains the most polished sedan in the segment. With the facelift, Honda has further improved upon the winning formula of class, comfort and excitement." – CarDekho Experts
Market Appeal and Additional Incentives
The Honda City’s appeal extends beyond its specifications, thanks to added incentives and support. Government registration fee reductions and Honda’s promotional offers make it even more attractive to Vietnamese families. Its sleek design, advanced safety features, and reliable performance align well with local preferences.
The Honda City’s inclusion in Vietnam’s top 10 best-selling cars underscores its ability to meet the practical demands of families while delivering the quality and reliability that Honda is known for.
Price and Features Comparison Table
Here’s a detailed look at some of the top-selling cars in Vietnam for 2025, highlighting their price ranges, engine types, and key features:
| Model | Price Range (VNĐ) | Engine Type | Power/Torque | Fuel Consumption | Key Safety Features | Notable Performance |
|---|---|---|---|---|---|---|
| VinFast VF 3 | 322 million (all-in) | Electric Motor | 32 kW / 110 Nm | N/A (210 km range) | Data pending | 0–50 km/h: 5.3 s |
| VinFast VF 5 | Data pending | Electric Motor | 100 kW / 135 Nm | N/A (326 km range) | Data pending | 0–100 km/h: 10.9 s |
| VinFast VF 6 | Data pending | Data pending | Data pending | Data pending | Data pending | Data pending |
| Mitsubishi Xpander | 560–658 million | 1,498cc petrol | 104 hp | Data pending | Data pending | Data pending |
| Ford Ranger | 669 million – 1.04 billion | Data pending | Data pending | Data pending | ABS, multiple airbags | Towing: 3,402 kg |
| Mazda CX-5 | 714–829 million | 1,998cc/2,498cc petrol | Data pending | Data pending | i-Activsense, ABS, airbags | Data pending |
| Hyundai Accent | 439–569 million | 1.5L petrol | 113 hp | Data pending | ABS, driver airbag | Data pending |
| Toyota Vios | 458–545 million | 1.5L petrol | 106 hp/140 Nm | 5.8L/100km | ABS, EBD, up to 7 airbags | Data pending |
| Kia Seltos | 599–799 million | 1,498cc petrol | 113–158 hp | Data pending | Data pending | Data pending |
| Honda City | 499–569 million | 1,498cc petrol | 119 hp | Data pending | Data pending | Data pending |
The pricing landscape in Vietnam’s car market for 2025 reflects a growing range of choices. At just VNĐ 322 million, the VinFast VF 3 stands out as the most affordable model, making electric vehicles more accessible to a broader audience. This affordability has contributed to VinFast’s impressive 179.4% sales surge by May 2025.
The VinFast VF 3 also demonstrates strong urban performance with a 210 km range, acceleration from 0 to 50 km/h in 5.3 seconds, and fast-charging capability (10% to 70% in just 36 minutes). Meanwhile, the VinFast VF 5 offers a longer range of 326 km and reaches 0–100 km/h in 10.9 seconds.
In terms of market leadership, Toyota led sales in June 2025 with 6,213 units sold (19.4% market share), followed by Ford with 4,167 units (13.0%) and Mitsubishi with 3,663 units (11.5%). Notably, electric vehicles from VinFast now account for 20% of all new car sales in Vietnam.
Vietnamese buyers now have diverse options across various price segments, with electric vehicles increasingly challenging traditional petrol-powered models. This shift highlights a growing preference for cleaner and more performance-driven vehicles, reflecting broader changes in consumer demand throughout 2025. These trends set the stage for a deeper dive into the features and market impact of these leading models.
Conclusion
By 2025, Vietnam’s shift toward electric vehicles (EVs) has been nothing short of transformative, with VinFast taking the lead. In just the first half of the year, VinFast delivered 67,569 electric vehicles, claiming about 30% of the market and outperforming major competitors like Toyota, Hyundai, and Ford. This success reflects the impact of government policies, such as the full registration fee exemption for battery-powered EVs, which has been extended through 2027.
The market’s momentum is undeniable. Total vehicle sales surged by 23% in the first four months of 2025, reaching 101,834 units compared to the same period in 2024. Electric vehicles now make up 20% of new car sales in Vietnam, outpacing regional markets like Thailand.
Policy changes are playing a crucial role in this transformation. Hanoi’s upcoming ban on internal combustion engine (ICE) motorcycles in the city center, set for 1 July 2026, and mandates requiring urban taxis to switch to electricity or clean energy by 2030 are speeding up the adoption of EVs.
Looking ahead, the market offers a mix of opportunities and challenges. VAMA predicts 12% growth in 2025, with total sales potentially reaching 600,000 units. Demand is expected to climb further, with projections suggesting between 800,000 and 900,000 vehicles by year-end and up to 1.8 million by 2030. Hybrid vehicles are also gaining ground, with Q1 2025 sales increasing by 80% year-over-year to 2,562 units. Adding to the competitive landscape, seven new Chinese brands that entered the market in 2024 have committed to local manufacturing.
Industry experts echo this optimism. As Nguyen Tran Quan, manager of a car showroom in Ho Chi Minh City, notes:
"In general, though, EVs are meeting customer preferences very well, particularly in the urban car category, with reasonable sizes and prices catering to most young consumers."
Mordor Intelligence estimates Vietnam’s EV market will reach US$2.93 billion in 2025, with projections of US$6.69 billion by 2030. The remainder of 2025 will likely solidify the dominance of EVs as manufacturers compete with more accessible pricing. This evolution is reshaping Vietnam’s automotive landscape, influencing buyer choices and market trends in the months to come.
FAQs
What role have government policies played in boosting electric vehicle adoption in Vietnam by 2025?
In 2025, Vietnam’s government rolled out new policies aimed at boosting the adoption of electric vehicles (EVs). Among the standout measures is the extension of EV registration fee exemptions through 2027, alongside low-interest loans designed to make EV ownership more affordable. These steps have significantly increased the appeal of EVs for potential buyers.
On top of that, the government has introduced regulations like mandating urban taxis to switch to electric models by 2030. Hanoi has also announced plans to phase out fossil fuel motorbikes by 2026. These efforts underline Vietnam’s dedication to cleaner transportation and tackling urban pollution.
Why are VinFast’s electric vehicles so popular among Vietnamese buyers compared to traditional gasoline cars?
VinFast’s electric vehicles (EVs) have gained strong traction in Vietnam, thanks to their competitive pricing and thoughtful design tailored to local preferences. These vehicles are built with the urban and suburban lifestyles of Vietnamese consumers in mind, offering practical features that meet everyday needs. The brand’s emphasis on eco-friendly transportation aligns well with the increasing interest in sustainable living across the country.
What also sets VinFast apart is its comprehensive EV ecosystem. With a widespread network of charging stations nationwide, owning an EV has become far more convenient. The brand’s lineup includes a variety of models, from compact SUVs to larger vehicles, ensuring options that suit different tastes and budgets. By combining modern technology with a nod to Vietnamese identity, VinFast has established itself as a reliable and forward-looking option for car buyers in Vietnam.
How does the VinFast VF 3 stand out in terms of pricing and features compared to other top-selling cars in Vietnam in 2025?
The VinFast VF 3, starting at around 460,000,000 VND (roughly 20,000 USD), has taken the spotlight as Vietnam’s top-selling car in 2025. This compact electric SUV stands out with its sleek design, impressive battery performance, and competitive pricing, making it a smart pick for city drivers.
As the most affordable option in VinFast’s lineup, the VF 3 has captured attention from those eager to switch to electric vehicles. Its popularity stems from a perfect mix of affordability, environmentally friendly technology, and practicality for Vietnam’s urban streets, firmly establishing it as a favorite among buyers.
