VinFast Dominates the Market: When Vietnamese Electric Vehicles "Rule" the Streets

I just checked the automotive market report and have to be frank - VinFast is doing something the Vietnamese automotive industry has never seen before! From a "rookie" new to the game, VinFast has now "swept" the entire electric vehicle segment with 4 models simultaneously dominating the top rankings. This isn't just success in sales figures, but proof that "made in Vietnam" can compete with the world.From my experience following financial markets and large enterprises, I see VinFast applying the right "market penetration" strategy that Al Brooks often mentions in trading - "when you see momentum, ride the trend." Today I'll analyze this "breakthrough" and its impact on the market.

VinFast "Overwhelms" the Market: Undeniable Numbers

Massive Sales Figures Tell the Story

VinFast dominated the electric vehicle market in the first half of 2025, with 4 models VF 3, VF 5, VF 6, and VF 7 together holding the leading positions in Vietnam's mainstream electric vehicle segment.Detailed sales breakdown:

• VinFast VF 3: 23,803 vehicles
• VinFast VF 5: 21,812 vehicles
• VinFast VF 6: 8,552 vehicles

A total of over 54,000 VinFast electric vehicles were sold in just the first 6 months of the year! For comparison, this figure is larger than the total sales of many traditional automotive brands in Vietnam.

VF 3 - The "Star" of the Urban Electric Vehicle Revolution

The VinFast VF 3 is the small-sized electric vehicle leading in sales with over 23,000 units sold in just the first 6 months of the year. From my experience observing consumer behavior, I see VF 3's success comes from 3 factors:

Market-appropriate product: Compact design suitable for Vietnamese streets

Pricing strategy: Reasonable prices for mass consumers

Cost efficiency: Operating costs significantly lower than gasoline vehicles

The Electric Vehicle War: A New Battlefield for the Automotive Industry

The "Invasion" from International Giants

The electric vehicle market (including hybrid, plug-in hybrid, BEV) exploded strongly in the second half of 2025 with massive entry from major automotive brands:Chinese lineup: BYD, DongFeng, Haval... Korean camp: KIA, Hyundai Japanese alliance: Toyota, Honda, MitsubishiThis is multi-segment competition from mainstream to premium - a "perfect storm" that Vietnam's automotive industry has never experienced.

Second Half of 2025: "Product Launch Tsunami"

The second half of 2025 witnessed a wave of electric, hybrid, and PHEV models launching rapidly:

• BYD Sealion 6
• KIA Carnival HEV