Vietnam Motor Vehicles Sales Growth

2007 - 2024 | Monthly | % | CEIC Data

Key information about Vietnam Motor Vehicles Sales Growth

  • Vietnam Motor Vehicles Sales grew 33.5 % in Sep 2024, compared with a growth of 3.7 % in the previous month.
  • Vietnam Motor Vehicles Sales Growth rate is updated monthly, available from Jul 2007 to Sep 2024, with an average growth rate of 9.7 %.
  • The data reached an all-time high of 240.5 % in Aug 2022 and a record low of -68.1 % in Jan 2009.
  • Car Sales of Vietnam recorded 32,023.0 units in Sep 2024.

CEIC calculates Motor Vehicles Sales Growth from monthly Motor Vehicles Sales. Vietnam Automobile Manufacturer Association provides Motor Vehicles Sales. Motor Vehicles Sales Growth prior to January 2012 excludes MBV and Lexus.

View Vietnam's Motor Vehicles Sales Growth from Jul 2007 to Sep 2024 in the chart:

Vietnam Motor Vehicles Sales Growth

What was Vietnam's Motor Vehicles Sales Growth in Sep 2024?

Vietnam Motor Vehicles Sales grew 33.5 % in Sep 2024, compared with a growth of 3.7 % in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
33.5 Sep 2024 3.7 Aug 2024 -68.1 Jan 2009 240.5 Aug 2022 % monthly Jul 2007 - Sep 2024

Motor Vehicles Sales Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 38.9 2019 yearly 2006 - 2019
Algeria (%) -1.8 2019 yearly 2006 - 2019
Argentina (%) 2.8 Sep 2024 monthly Jan 1997 - Sep 2024
Armenia (%) -32.8 2019 yearly 2006 - 2019
Australia (%) -12.4 Sep 2024 monthly Jan 1995 - Sep 2024
Austria (%) 14.0 2023 yearly 2006 - 2023
Azerbaijan (%) 67.5 2019 yearly 2006 - 2019
Bahrain (%) -16.0 2019 yearly 2006 - 2019
Bangladesh (%) 5.4 2019 yearly 2006 - 2019
Belarus (%) 20.9 2019 yearly 2006 - 2019
Belgium (%) -6.9 2022 yearly 2006 - 2022
Bolivia (%) -12.1 2019 yearly 2006 - 2019
Bosnia and Herzegovina (%) -52.5 2019 yearly 2006 - 2019
Botswana (%) -87.1 2019 yearly 2006 - 2019
Brazil (%) 19.6 Sep 2024 monthly Jan 2003 - Sep 2024
Brunei (%) 20.1 Nov 2020 monthly Jan 2011 - Nov 2020
Bulgaria (%) 8.8 2022 yearly 2006 - 2022
Cambodia (%) 12.6 2019 yearly 2006 - 2019
Canada (%) 5.6 Aug 2024 monthly Jan 1947 - Aug 2024
Chile (%) 1.4 Sep 2024 monthly Jan 2010 - Sep 2024
China (%) -1.7 Sep 2024 monthly Jan 2001 - Sep 2024
Colombia (%) 24.5 Aug 2024 monthly Jan 2004 - Aug 2024
Croatia (%) 31.2 2023 yearly 2006 - 2023
Cyprus (%) -3.9 2019 yearly 2006 - 2019
Czech Republic (%) 10.2 Dec 2020 monthly Jan 2012 - Dec 2020
Denmark (%) 12.7 2023 yearly 2006 - 2023
Ecuador (%) -1.6 2023 yearly 2006 - 2023
Egypt (%) -50.9 2023 yearly 2006 - 2023
Estonia (%) 18.6 2019 yearly 2006 - 2019
Finland (%) 6.3 2023 yearly 2006 - 2023
France (%) -9.9 2022 yearly 2006 - 2022
Georgia (%) -3.4 2019 yearly 2006 - 2019
Germany (%) -0.3 2022 yearly 2006 - 2022
Ghana (%) -19.4 2019 yearly 2006 - 2019
Greece (%) 25.7 2023 yearly 2006 - 2023
Hong Kong SAR, China (%) -12.8 2019 yearly 2006 - 2019
Hungary (%) 0.1 2023 yearly 2006 - 2023
Iceland (%) -34.2 2019 yearly 2006 - 2019
India (%) 2.8 Mar 2022 monthly May 2002 - Mar 2022
Indonesia (%) -9.1 Sep 2024 monthly Jan 1990 - Sep 2024
Iran (%) -31.7 2019 yearly 2006 - 2019
Ireland (%) 17.4 2023 yearly 2006 - 2023
Israel (%) 24.7 2023 yearly 2006 - 2023
Italy (%) 19.2 2023 yearly 2006 - 2023
Ivory Coast (%) 15.8 2019 yearly 2006 - 2019
Japan (%) 0.3 Sep 2024 monthly Jan 1992 - Sep 2024
Jordan (%) 3.6 2019 yearly 2006 - 2019
Kazakhstan (%) 70.9 2023 yearly 2006 - 2023
Kenya (%) -23.9 2019 yearly 2006 - 2019
South Korea (%) 0.8 Sep 2024 monthly Jan 1995 - Sep 2024
Kuwait (%) 17.6 2023 yearly 2006 - 2023
Kyrgyzstan (%) -35.8 2019 yearly 2006 - 2019
Laos (%) 16.8 2019 yearly 2006 - 2019
Latvia (%) 0.8 2019 yearly 2006 - 2019
Lebanon (%) -33.8 2019 yearly 2006 - 2019
Lithuania (%) 30.7 2019 yearly 2006 - 2019
Luxembourg (%) 4.4 2019 yearly 2006 - 2019
North Macedonia (%) 5.9 2019 yearly 2006 - 2019
Malawi (%) 1.6 2019 yearly 2006 - 2019
Malaysia (%) -14.9 Sep 2024 monthly Jul 1995 - Sep 2024
Malta (%) -6.1 2019 yearly 2006 - 2019
Mauritius (%) 3.0 2019 yearly 2006 - 2019
Mexico (%) 12.0 Aug 2024 monthly Jan 1996 - Aug 2024
Moldova (%) 7.7 2019 yearly 2006 - 2019
Mongolia (%) -41.0 2019 yearly 2006 - 2019
Morocco (%) 0.1 2023 yearly 2006 - 2023
Myanmar (%) 43.8 2019 yearly 2006 - 2019
Nepal (%) 3.5 2019 yearly 2006 - 2019
Netherlands (%) 18.9 2023 yearly 2006 - 2023
New Zealand (%) -9.5 2023 yearly 1976 - 2023
Nigeria (%) -42.4 2019 yearly 2006 - 2019
Norway (%) -21.9 2023 yearly 2006 - 2023
Oman (%) -0.2 2019 yearly 2006 - 2019
Pakistan (%) 14.2 Sep 2024 monthly Jul 2006 - Sep 2024
Palestinian Territory (%) -25.3 2019 yearly 2006 - 2019
Panama (%) -3.1 Sep 2024 monthly Jan 2006 - Sep 2024
Paraguay (%) -15.0 2019 yearly 2006 - 2019
Peru (%) 1.9 2023 yearly 2006 - 2023
Philippines (%) 2.4 Sep 2024 monthly Jan 1997 - Sep 2024
Poland (%) 11.4 2023 yearly 2006 - 2023
Portugal (%) 6.1 Sep 2024 monthly Jan 2001 - Sep 2024
Qatar (%) 0.1 2019 yearly 2006 - 2019
Romania (%) 13.3 2023 yearly 2006 - 2023
Russia (%) -38.4 Sep 2024 monthly Jan 2009 - Sep 2024
Saudi Arabia (%) 23.1 2023 yearly 2006 - 2023
Serbia (%) 4.5 2019 yearly 2006 - 2019
Singapore (%) 67.3 Sep 2024 monthly Jan 2011 - Sep 2024
Slovakia (%) 13.1 2023 yearly 2006 - 2023
Slovenia (%) -14.9 2022 yearly 2006 - 2022
South Africa (%) -4.1 Sep 2024 monthly Jan 2004 - Sep 2024
Spain (%) 17.6 2023 yearly 2006 - 2023
Sri Lanka (%) -27.0 2019 yearly 2006 - 2019
Sudan (%) -13.8 2019 yearly 2006 - 2019
Sweden (%) 3.6 2023 yearly 2006 - 2023
Switzerland (%) 12.9 2023 yearly 2006 - 2023
Syria (%) 62.8 2019 yearly 2006 - 2019
Taiwan (%) -20.4 Sep 2024 monthly Jan 1998 - Sep 2024
Tajikistan (%) 0.8 2019 yearly 2006 - 2019
Thailand (%) -37.1 Sep 2024 monthly Dec 1992 - Sep 2024
Tunisia (%) -5.3 2019 yearly 2006 - 2019

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Vietnam Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.1 2022 yearly 2010 - 2022
Tax Revenue (USD mn) 12,092.166 Sep 2024 quarterly Mar 2005 - Sep 2024
Tax Revenue: % of GDP (%) 11.6 2023 yearly 2010 - 2023
National Government Debt (USD mn) 142,876.9 2023 yearly 2010 - 2023
Government Debt: % of GDP (%) 33.5 2023 yearly 2010 - 2023
Forecast: Government Expenditure (VND bn) 3,619,434.484 2029 yearly 1998 - 2029
Forecast: Government Net Debt (VND bn) 5,339,190.350 2029 yearly 2000 - 2029
Forecast: Government Revenue (VND bn) 3,307,362.390 2029 yearly 1998 - 2029
State Govt Budget: ytd: Expenditure: Current (VND bn) 858,415.000 Sep 2024 quarterly Dec 2004 - Sep 2024
State Govt Budget: ytd: Revenue: Tax: Value Added Tax (VND bn) 343,626.100 Sep 2024 quarterly Dec 2004 - Sep 2024
State Govt Budget: ytd: Revenue: Tax: Special Consumption Tax (VND bn) 75,611.000 Sep 2024 quarterly Dec 2004 - Sep 2024
State Govt Budget: ytd: Revenue (VND bn) 1,448,240.400 Sep 2024 quarterly Dec 2004 - Sep 2024
State Govt Budget: ytd: Expenditure excl Principal Payment (VND bn) 1,256,264.000 Sep 2024 quarterly Dec 2004 - Sep 2024
GD: Outstanding: Domestic: VND (VND bn) 2,467,627.300 2023 yearly 2010 - 2023
GD: Outstanding: External: VND (VND bn) 960,418.980 2023 yearly 2002 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 9.484 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,319.2 Sep 2024 monthly Jan 1996 - Sep 2024
Total Exports (USD mn) 34,077.6 Sep 2024 monthly Jan 1997 - Sep 2024
Total Exports Growth (%) 10.8 Sep 2024 monthly Jan 1998 - Sep 2024
Aluminum: Exports (USD th) 1,160,500.129 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 181,327.032 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 57,511.959 2022 yearly 1995 - 2022
Total Imports (USD mn) 31,758.5 Sep 2024 monthly Jan 1997 - Sep 2024
Total Imports Growth (%) 11.1 Sep 2024 monthly Jan 1998 - Sep 2024
Imports: Medicament (USD th) 2,471,771.739 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,625,053.469 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 10,554.851 Oct 2024 monthly Jan 1990 - Oct 2024
Total Imports from USA (USD mn) 1,250.741 Oct 2024 monthly Jan 1990 - Oct 2024
Total Exports to China (USD mn) 6,096.729 Sep 2024 monthly Jan 2013 - Sep 2024
Total Imports from China (USD mn) 12,728.192 Oct 2024 monthly Jan 1991 - Oct 2024
Exports: Australia (USD) 293,830,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Japan (USD) 1,467,599,017.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: United States (USD) 4,562,588,364.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: Canada (USD) 314,331,082.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: China (USD) 2,888,701,593.000 Apr 2019 monthly Jan 2013 - Apr 2019
Exports: ytd: Aqua Products (USD mn) 7,228.923 Sep 2024 monthly Apr 1998 - Sep 2024
Exports: ytd: Footwear (USD mn) 16,537.915 Sep 2024 monthly Apr 1998 - Sep 2024
Exports: ytd: Crude Oil (USD mn) 1,471.725 Sep 2024 monthly Dec 1999 - Sep 2024
Exports: ytd: Rice (USD mn) 4,353.319 Sep 2024 monthly Dec 1999 - Sep 2024
Exports: ytd: Textiles and Garments (USD mn) 27,344.646 Sep 2024 monthly Apr 1998 - Sep 2024
Imports: Singapore (USD) 370,217,737.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Thailand (USD) 1,010,176,779.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: United States of America (USD) 1,363,320,562.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: China (USD) 6,536,188,277.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: Australia (USD) 388,919,219.000 Apr 2019 monthly Jan 2013 - Apr 2019
Imports: ytd: Computers, Electronic Product (USD mn) 79,115.831 Sep 2024 monthly Dec 1999 - Sep 2024
Imports: ytd: Garments (USD mn) 10,949.021 Sep 2024 monthly Dec 1999 - Sep 2024
Imports: ytd: Machinery and Spare Parts (USD mn) 35,418.976 Sep 2024 monthly Jan 1998 - Sep 2024
Imports: ytd: Steel Products (USD mn) 8,972.198 Sep 2024 monthly Mar 2000 - Sep 2024
Imports: ytd: Petroleum (USD mn) 5,933.421 Sep 2024 monthly Mar 2000 - Sep 2024
Import Value Index (2015=100) 200.219 2021 yearly 1980 - 2021
Export Value Index (2015=100) 207.281 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 120.0 Jun 2024 quarterly Dec 2005 - Jun 2024
Current Account Balance (USD mn) 4,510.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Current Account Balance: % of GDP (%) 6.6 2023 yearly 2010 - 2023
Foreign Direct Investment (USD mn) 4,970.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Foreign Direct Investment: % of GDP (%) 4.3 2023 yearly 1985 - 2023
Foreign Portfolio Investment (USD mn) -1,614.000 Jun 2024 quarterly Dec 2005 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) -0.3 Mar 2022 quarterly Mar 2021 - Mar 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -98.0 Dec 2014 quarterly Mar 2005 - Dec 2014
Foreign Portfolio Investment: Debt Securities (USD mn) -83.000 Dec 2014 quarterly Mar 2005 - Dec 2014
External Debt (USD mn) 139,089.8 2023 yearly 2010 - 2023
External Debt: % of GDP (%) 32.7 2023 yearly 2010 - 2023
External Debt: Short Term (USD mn) 38,154.0 2022 yearly 1981 - 2022
External Debt: Short Term: % of GDP (%) 9.3 2022 yearly 1985 - 2022
Forecast: Current Account Balance (USD bn) 8.843 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 33.500 2023 yearly 2010 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 Dec 2023 quarterly Dec 2011 - Dec 2023
Money Supply M1 (USD mn) 140,458.600 Nov 2023 monthly Dec 2000 - Nov 2023
Money Supply M2 (USD mn) 591,051.206 Nov 2023 monthly Dec 2000 - Nov 2023
M2 Growth (%) 10.2 Nov 2023 monthly Dec 2001 - Nov 2023
Reserve Requirement Ratio (%) 3.0 Oct 2024 monthly Feb 2010 - Oct 2024
Foreign Exchange Reserves (USD mn) 85,801.6 Feb 2023 monthly Jan 1995 - Feb 2023
Foreign Exchange Reserves: % of GDP (%) 3.000 Oct 2024 monthly Feb 2010 - Oct 2024
Foreign Exchange Reserves: Months of Import (NA) 2.4 Jul 2024 monthly Mar 1997 - Jul 2024
Gold Reserves (USD mn) 766.890 Jul 2024 monthly Jan 1995 - Jul 2024
Domestic Credit (USD mn) 548,147.2 Nov 2023 monthly Dec 1992 - Nov 2023
Domestic Credit Growth (%) 11.5 Nov 2023 monthly Dec 1993 - Nov 2023
Total Loans (USD mn) 601,117.974 Aug 2024 monthly Apr 2012 - Aug 2024
Total Loans Growth (%) 15.67 Aug 2024 monthly Apr 2013 - Aug 2024
Private Debt: % of Nominal GDP (%) 128.68 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Reserves: Foreign Exchange (USD mn) 82,877.750 Jun 2024 quarterly Mar 1995 - Jun 2024
Foreign Reserves: Total Include Gold (USD mn) 85,455.912 Jun 2024 quarterly Mar 1995 - Jun 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.543 2019 yearly 2017 - 2019

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