Vietnam’s motorcycle market witnessed an impressive growth of 19% in the first half of 2025, with 1.6 million units sold.
This performance propelled Vietnam to become the world’s 4th largest motorcycle market and 3rd largest for electric motorcycles, trailing only China and India.
According to motorcyclesdata, this marked a significant improvement from 2024, when the market grew by 4.9% to reach 2.9 million units. The recovery in purchasing power was evident across all segments: scooters surged by 18.7%, while manual transmission motorcycles, which hold a smaller market share, witnessed a remarkable 61.1% growth. Specifically, in the electric motorcycle segment, the L1 category (equivalent to engines below 50 cc) soared by 112.6%, while the L3 category increased by 52.6%.
The overall economic landscape also provided a positive backdrop for the motorcycle industry. Vietnam’s GDP grew by 7.5% in the first half of 2025, the highest first-half growth rate in 15 years. CPI for the first quarter increased by 3.2%, with core inflation at 3.0%. According to the General Statistics Office, the primary drivers were global commodity price fluctuations and geopolitical tensions affecting supply chains and the global economy. However, Vietnam maintained its robust growth trajectory.
In terms of brands, Honda and Yamaha had contrasting starts to 2025: Honda grew by 6.2%, while Yamaha surged by 20%. VinFast made a surprising leap to the third position in the overall market, witnessing a staggering 501% growth and maintaining its leadership in the electric motorcycle segment. It surpassed Yadea (up by 37.5%) and other brands such as Dibao, Pega, and more.
The balanced growth across both gasoline and electric motorcycles indicates that Vietnam’s motorcycle market is not only recovering from the pandemic but also undergoing a significant transformation. The market is characterized by intense competition and a clear shift towards electrification.
Electric Vehicle Revolution: Vietnamese Consumers Embrace Upgrades with Massive Discounts
With an attractive and competitive pricing strategy, VinFast has successfully enticed Vietnamese customers to make the switch to electric vehicles. The company’s quick valuation process and generous subsidies of up to hundreds of millions of dong have encouraged many to trade in their gasoline-powered cars for the environmentally friendly alternative. This was evident during the weekend of August 9-10, where VinFast witnessed a surge in customers eager to upgrade to their electric vehicles.
Electric Mopeds That Don’t Require a License: Perfect for Students.
With their user-friendly, eco-friendly, and license-free appeal, small-engine electric motorcycles are fast becoming the ride of choice for high school students in Vietnam.
VinFast Limo Green: Electric Luxury for the Eco-Conscious Consumer
VinFast, the Vietnamese automotive manufacturer, has taken a significant step towards expanding its global presence by registering the design copyright for its upcoming all-electric 7-seat MPV, the Limo Green, in India. This strategic move underscores VinFast’s commitment to entering and competing in one of the world’s most populous markets.
VinFast Inaugurates Electric Car Assembly Plant in India
Today, VinFast inaugurates its electric vehicle (EV) assembly plant in the SIPCOT Industrial Park, Thoothukudi, Tamil Nadu, India. This significant milestone underscores VinFast’s commitment to its global expansion strategy and marks a new chapter in its journey towards becoming a leading global EV manufacturer.
VinFast Opens Its First Showroom in India
VinFast is proud to announce the grand opening of its first-ever showroom in the city of Surat, Gujarat.
