VinFast’s EV sales in Vietnam surge 25%

Vietnam’s largest electric vehicle (EV) manufacturer VinFast reported over 12,500 EVs delivered domestically in February, up 25% from the previous month, despite the traditional Lunar New Year holiday (Tet).

The VF 3 model led sales with 5,200 units delivered, thanks to its competitive pricing, compact size, and dynamic design. The VF 5 followed with over 3,000 units sold, recognized for its affordability and efficiency.

The VF 6 maintained strong performance with nearly 2,000 units delivered. The remaining 2,200 units were shared among the VF e34, VF 7, VF 8, and VF 9 models, with the VF 7 alone accounting for over 570 units.

VinFast’s February results continued its impressive domestic market performance. After becoming Vietnam’s top-selling automaker in 2024, the company delivered nearly 23,000 EVs in the first two months of 2025.

Duong Thu Trang, VinFast’s Global Deputy CEO of Sales, said the company is well-prepared for 2025’s targets, with adjusted sales policies, new product launches, and enhanced service quality.

Meanwhile, Thanh Cong (TC) Group, a distributor of Hyundai automobiles in Vietnam, sold 3,022 vehicles in February, posting stable sales compared to the previous month despite the Lunar New Year (Tet) holiday that fell on late January and early February, the group said on Wednesday.

In February, Hyundai Accent remained the best-selling model, with 455 units delivered to customers. It was followed by Hyundai Tucson with 403 units, Hyundai Stargazer with 304 cars, and Hyundai Creta with 303 vehicles.

Other models also recorded stable sales such as Hyundai Santa Fe with 226 units, Hyundai Grand i10 with 216 cars, Hyundai Venue with 143 vehicles, Hyundai Custin with 107 units, Hyundai Palisade with 72 units, and Hyundai Elantra with 57 units.

Alongside passenger vehicles, Hyundai's commercial models achieved total sales of 729 units in February. Notably, 30 Solati vehicles were exported to international markets, helping to expand Hyundai's brand influence in many countries.

According to the Thanh Cong Group, March is expected to see the market gradually stabilize after the Tet holiday, so auto sales can continue to grow in the coming time.