Vietnam's Q1 auto sales rise 24%, outperforming ASEAN peers

EV demand accelerates in Malaysia and Thailand, driven by Chinese brands

20250507 Traffic jam in Hanoi

Auto sales in Vietnam remain strong, due to brighter consumer sentiment and carmaker incentives in the first quarter of this year. Cars make up a growing share of Hanoi's heavy traffic. © Reuters

ATSUSHI TOMIYAMA and MAI NGUYEN

TOKYO/HANOI -- Vietnam's auto sales in the first quarter of this year grew a strong 24%, year on year, rising faster than in Southeast Asia's bigger car markets, thanks to favorable economic trends in the country.

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