The demand for compact Multi-Purpose Vehicles (MPVs) in Vietnam continues to rise. By May, the market saw nearly 17,400 units sold, marking a 17% increase compared to the same period in 2025. Popular models in this segment include the Mitsubishi Xpander, Toyota Veloz, Suzuki XL7, and Hyundai Stargazer. This growth indicates a strong preference for versatile family vehicles. The trend reflects a broader shift in consumer behavior within the automotive industry. Overall, the compact MPV segment remains a highly competitive and attractive market for manufacturers.TITLE: Vietnam's Compact MPV Market Surges with 17% Growth
SUMMARY: Demand for compact Multi-Purpose Vehicles (MPVs) continues to rise across Vietnam. By May, nearly 17,400 units were sold in this segment, representing a 17% increase compared to the same period in 2025. Key players driving this growth include popular models such as the Xpander, Veloz, XL7, and Stargazer. This upward trend highlights a growing consumer preference for versatile, small-scale family vehicles. The data reflects a robust expansion within this specific automotive category. Consequently, the compact MPV market remains a highly competitive space for manufacturers. This growth underscores the evolving needs of Vietnamese drivers.