Core Insights - The Vietnamese electric motorcycle market is experiencing significant growth, with new vehicle sales reaching approximately 209,000 units in the first half of 2025, representing a year-on-year increase of 99.2%, making it the third-largest electric motorcycle market globally after China and India [1] Market Performance - The L1 electric motorcycle segment (under 50cc engine) has seen a remarkable increase in sales, soaring by 112.6% in the first half of 2025. This model targets middle and high school students, offering convenience and low operating costs [1] - Traditional fuel motorcycle sales have also risen, with Vietnamese consumers purchasing 1,284,291 motorcycles in the first half of 2025, a 6.4% increase compared to 1,206,872 units in the same period of 2024 [1] Market Composition - The Vietnamese electric motorcycle market is primarily dominated by local and Chinese brands, with VinFast accounting for over 55% of total electric motorcycle sales in the first half of 2025 [1]