Vietnam’s own auto manufacturer, VinFast has nearly doubled its sales after producing 200,000 vehicles in 2025.
VINFAST’S PERFORMANCE
VinFast closed off the year with domestic sales of 170,000 electric vehicles (EVs), nearly double its sales from 2024. The brand also acquired majority of the market share, beating out Toyota as Vietnam’s no. 1 automaker.
Simultaneously, its factory in Hai Phong produced its 200,000th vehicle on the last day of 2025. The factory houses 18,000 employees and 1,200 ABB robots working in three-shift rotations. According to VinFast, “the Hai Phong plant operated at maximum capacity, producing nearly 26,000 vehicles in the month. A daily production record was achieved on December 14, 2025, with 1,062 vehicles rolling off the production line-equivalent to an average output of nearly 43 vehicles per hour.”
“The 200,000th vehicle produced at the Hai Phong plant in 2025 is the Limo Green, a 7-seater electric MPV that has rapidly gained strong traction in the Vietnamese market,” VinFast wrote in a statement.
This Limo Green is one of its best-selling models, with 9,642 units sold in November. This performance earned VinFast “a new all-time monthly sales record for a single vehicle model and contributing to VinFast’s highest-ever sales performance.”
The brand’s strong year-end performance is a result of growing sales and its top position in Vietnam’s car market. VinFast projected this strong performance before the end of the year, achieving a record in Vietnam’s automotive history.
Prior to this record, VinFast previously set a record in September 2025 for the highest year-to-date sales in Vietnam.
VINFAST’S EXPANSION
In 2025, VinFast attempted to expand abroad. While the brand did not meet expectations in the United States, its performance in India got off to a strong start.. Its cumulative sales for four months so far in India are now more than 1,000 units. So far in 2026, VinFast has sold more than 200 EVs in India.
Analysts predict that overseas sales will grow in 2026, specifically from Indonesia, India, and the Philippines. Its partnership with taxi operators V-Green and GSM (still under parent company, VinGroup) helped sales grow in Southeast Asia.
“We expect fleet demand to be a meaningful source of demand for the company next year. We expect this will drive a greater contribution of sales from Indonesia, India, and the Philippines in 2026,” wrote analyst James McIlree.
Did you find this article interesting? Click the ‘heart’ button above to give it a ‘like’!
