Vietnam’s truck and bus market rebounds by 37% in Q1 2025
By Will Pulson - 10th July 2025
Vietnam - Vietnam’s market for commercial vehicles over 2 tons gvw surged by over 37% to 15,252 units in the first quarter of 2025 from 11,105 units in the same period of last year, based on wholesale data released by the Vietnam Automotive Manufacturers Association (VAMA). The data excludes some imported vehicles from non-affiliated companies, including some Chinese brands.
The commercial vehicle market continued to rebound in the first quarter of 2025 from weak levels a year earlier, driven by continued robust economic growth in the country. First-quarter GDP expanded by 6.9% year-on-year, moderating slightly from 7.5% growth in the previous quarter.
