Vinfast EVs Selling Well in Its Home Country Vietnam, But What About the United States?

VinFast delivered 21,781 electric vehicles in Vietnam in July 2026, a 21% increase from June, as the automaker continued to strengthen its position in the domestic market. The company has delivered a preliminary 137,697 EVs in Vietnam during the first seven months of 2026.

The VF 3 was VinFast’s best-selling model in July, with 5,564 deliveries. The VF 5 and Herio Green, which is based on the VF 5, ranked second collectively with 4,407 vehicles. The Limo Green followed closely with 4,404 deliveries, while the Minio Green recorded 2,429. VinFast also delivered 1,993 VF 6 vehicles and 1,674 VF MPV 7 vehicles.

For the first seven months of 2026, the Limo Green was VinFast’s top-selling model in Vietnam with 32,331 deliveries, followed by the VF 3 with 29,345. The company also delivered 24,574 VF 5 and Herio Green vehicles, 16,038 VF 6 vehicles and 10,851 VF MPV 7 vehicles during the period.

VinFast also generated strong interest in its upcoming models. The company opened pre-orders for the VF 2 in July and received approximately 28,700 reservations within its first three days. VinFast plans to begin deliveries of the new-platform VF 8 in August, followed by the VF 2 in September.

The results highlight the growing demand for VinFast’s expanding EV lineup in Vietnam and provide the company with a strong domestic foundation as it continues expanding its electric vehicle business.

Global vs. International Performance in 2026

VinFast does not break out specific, standalone sales or delivery figures for the United States market in its quarterly reports. Instead, the company reports global figures, noting that international markets collectively (outside of Vietnam) accounted for roughly 8% of its total global deliveries in early 2026.

Q1 2026 Deliveries: VinFast reported 58,577 electric vehicles delivered globally, with international markets making up about 8% (approx. 4,686 units total across all global export destinations).

Q2 2026 Deliveries: Global deliveries reached 70,085 electric vehicles, reflecting a 96% year-over-year increase, though a specific US sub-total was not separately itemized.

Core Market Focus: The vast majority of VinFast’s rapid 2026 volume growth continues to be anchored by its dominant domestic performance in Vietnam, alongside ongoing expansion efforts in neighboring Asian markets and India rather than the US mass market.

Struggles in the United States

As of this writing, two models show on the Vinfast US website, the VF8 and VF9.

In December 2025, Yahoo Finance reported that VinFast entered the U.S. market in late 2022 with the VF 9, its flagship electric SUV. The model attracted plenty of attention, although early reviews were often harsh. The smaller VF 8 also received criticism, despite VinFast saying it had made improvements to both vehicles.

Despite the rocky launch, VinFast pursued an aggressive North American expansion strategy, establishing a presence in 13 U.S. states and signing several dealers in Canada. However, the company has struggled to maintain momentum.

A Difficult North American Market

VinFast’s U.S. sales have declined sharply. As of October 2025, sales were down 57% year over year, with fewer than 1,500 vehicles sold during the year. The company had also been closing direct-sales locations.

VinFast closed all of its direct-sales stores in California and shifted toward a franchise model. Two California dealers closed within six months, another closed in North Carolina, and a third California dealer planned to leave by the end of 2025. In Canada, five of the company’s 10 stores had reportedly closed.

The company’s North American dealer ambitions have also fallen far short of expectations. VinFast originally planned to have 125 dealers by the end of 2024, but the network had only 22 dealers entering 2026, with that number expected to fall to 21.

VinFast Chairwoman Lê Thị Thu Thủy told Automotive News that tariffs and instability in the U.S. EV market were making the company cautious about further expansion. Rather than opening more dealerships, VinFast planned to focus on helping existing dealers become profitable.

Inventory has also become a problem. Some remaining dealers reportedly have very few vehicles available, with only 17 dealers having cars in stock and most carrying fewer than 15 vehicles. One Florida dealer reportedly had just one vehicle.

The challenges extend beyond sales. The expiration of federal EV tax credits and changing tariff policies have complicated VinFast’s U.S. strategy. Plans to manufacture vehicles in the United States have also been postponed, potentially indefinitely.

Pivoting Back to Asia

VinFast’s performance in Vietnam is a very different story. VinFast’s parent company, Vingroup, also operates transportation businesses that can provide a significant source of EV demand.

E2W sales volumes grew from 162,000 vehicles in 2019 to 288,000 in 2021 but have since plateaued at approximately 9% market share, highlighting the need for supporting policies to drive wider adoption.

The contrast highlights VinFast’s challenge in North America. While the company continues to struggle with sales, dealerships, inventory and policy uncertainty in the U.S. and Canada, its home market is providing a much stronger foundation for growth.