Vietnam Li-ion Battery Import Guide 2023-2025

Introduction

To help global li-ion battery manufacturers, exporters, and related suppliers efficiently expand into the Vietnamese market, CRI releases the "Vietnam Li-ion Battery Import Guide 2023-2025." The guide provides an overview of the Vietnamese li-ion battery industry, import market, and import company information for the period.

The types of importing companies are diverse, including OEM/ODM manufacturers, consumer electronics manufacturers, electric vehicle and battery assemblers, electronics and home appliance manufacturers etc. This guide features the top 10 importing companies, including company profiles, contact information, and important information such as import volume, value, price, import resources, and major suppliers for 2023-2025 (including Excel data source).

The publication of the "Vietnam Li-ion Battery Import Guide 2023-2025" aims to provide li-ion battery exporters with precise customer acquisition channels, helping them expand into the Vietnamese market more efficiently. It also provides valuable decision-making insights for international trading companies and investment institutions, helping them optimize their regional supply chain strategies. This guide will help suppliers stay abreast of Vietnamese market trends, mitigate potential risks, and enhance their international competitiveness.

Industry Overview

Vietnam's lithium-ion battery industry has developed rapidly in recent years, benefiting from the rapid expansion of electric transportation, consumer electronics, and energy storage systems, and is gradually becoming an important part of Vietnam's new energy industry.

The main applications of lithium-ion batteries in Vietnam are concentrated in three areas: consumer electronics, electric vehicles, and energy storage systems. Consumer electronics (such as smartphones, laptops, and wearable devices) have long been the main source of demand for lithium batteries.

With the government's strong promotion of electric vehicle adoption, local brands VinFast and Dat Bike, as well as international brands such as YADEA and NIU, are expanding production in Vietnam, leading to a rapid increase in demand for power lithium batteries.

Vietnam's lithium battery industry foundation is still relatively weak, mainly relying on imported cells and core materials. Currently, lithium battery production in Vietnam is mainly focused on assembly and packaging, with representative local companies including VinES Energy Solutions.

The Vietnamese government is actively promoting the development of the new energy and battery industry. According to the "National Energy Development Strategy to 2030 and Vision 2050," Vietnam plans to significantly increase the number of electric vehicles nationwide by 2030 and encourages the localization of lithium battery production. Meanwhile, the Vietnamese government is attracting foreign investment in the sector through tax breaks, land incentives, and high-tech industrial park policies.

In the coming years, Vietnam's lithium battery industry is expected to develop in a pattern of "foreign investment-led, local collaboration, and energy storage expansion," with the industry size expected to maintain an average annual double-digit growth rate, making it one of the most promising battery manufacturing and consumption markets in Southeast Asia.

Import Market Overview

The demand for li-ion battery in Vietnam is growing, but local production capacity is limited, and the country is highly dependent on imports.

According to CRI analysis, Vietnam's lithium-ion battery import market has maintained rapid growth in recent years, mainly driven by expanding demand from consumer electronics, electric vehicles (EVs), renewable energy storage systems, and industrial equipment. As Vietnam becomes a major electronics and electric transportation manufacturing base in Southeast Asia, its reliance on imports of high-performance lithium batteries and core components continues to rise.

Vietnam's imports of li-ion battery continue to increase. China is the largest source of these imports.

According to CRI statistics, approximately 1500 importers in Vietnam imported li-ion battery in 2024, totaling US$3,042 million, a 5.7% year-on-year increase. According to CRI analysis, Vietnam's total imports of li-ion battery reached US$3,695 million from January to September 2025, an increase of approximately 49.0% compared to the same period in 2024. China was Vietnam’s the largest source of imported li-ion battery, accounting for approximately 69.0% of total imports respectively from January to September 2025.

Overview of Foreign Investment in Vietnam's Li-ion Battery Industry

Investment Background

In recent years, with the surge in global demand for electrification and energy storage, battery companies in countries such as South Korea, Japan, and China have been shifting their production to Southeast Asia to diversify risks and reduce costs. With its stable political environment, mature electronics industry base, and advantageous geographical location, Vietnam has gradually become an important destination for foreign investment in lithium battery manufacturing. At the same time, the rapid rise of Vietnam's domestic electric vehicle and renewable energy industries provides strong market support for foreign investment.

Investment Advantages

1. Political stability and rapid economic development. The Vietnamese government has strong governing capabilities, consistent policies, and a focus on economic development and improving people's livelihoods.

2. Relatively low labor costs.

3. Strategically located in the eastern part of the Indochina Peninsula, with a 3,260-kilometer coastline and numerous ports, transportation is convenient.

4. Relatively relaxed policies and regulations provide foreign investors with comprehensive legal protections and generous preferential policies.

5. Vietnam has a high level of openness to the outside world, with 19 free trade agreements signed or in progress. Investors can use platforms such as RCEP and the China-ASEAN Free Trade Area to explore a broader international market.

Investment Regulations

The Vietnamese government maintains an open attitude towards the lithium battery manufacturing industry and has listed it as a priority industry in the Investment Law (2020). Foreign investors can operate wholly-owned lithium battery projects in Vietnam and enjoy various tax and land incentives. If the project is located in a high-tech park or special economic zone (such as Bac Ninh, Hai Phong, Ha Tinh, or Binh Duong provinces), the company can receive corporate income tax exemptions for up to 15 years, import equipment tax exemptions, and preferential land rents.

Guide Highlights:

Comprehensive Coverage:

This directory includes major importers in Vietnam, including OEM/ODM manufacturers, consumer electronics manufacturers, electric vehicle and battery assemblers, electronics and home appliance manufacturers etc.

Detailed Information:

Including basic information of the TOP10 importers, contact information, import quantity, import value, price, import source and main suppliers.

Product Focus:

With data-driven and market-oriented approach, we focus on key industries and conduct in-depth analysis of Vietnam's import policies, market demand and major sources of supply. Whether you are a foreign trade company, an investment institution, or a practitioner upstream or downstream of the industrial chain, you can quickly find reliable information and practical strategies here.

Efficient Connectivity:

The guide has a clear format and includes Excel data, which facilitates quick screening, group management and batch contact, helping global suppliers to efficiently connect with the Vietnamese market.

Market Value:

The guide includes an overview of Vietnam's li-ion battery industry, an overview of the import market, and a brief analysis of market demand trends, helping global suppliers seize the Vietnamese market and opportunities.