How big is the Vietnam Car Rental Market?

The Vietnam Car Rental Market size is expected to reach USD 0.68 billion in 2024 and grow at a CAGR of 13.82% to reach USD 1.17 billion by 2029. Read More

What is the current Vietnam Car Rental Market size?

In 2024, the Vietnam Car Rental Market size is expected to reach USD 0.68 billion. Read More

Who are the key players in Vietnam Car Rental Market?

Enterprise Holdings, Avis Budget Group, Mai Linh Group, Vinasun Corp and The Hertz Corporation are the major companies operating in the Vietnam Car Rental Market. Read More

What years does this Vietnam Car Rental Market cover, and what was the market size in 2023?

In 2023, the Vietnam Car Rental Market size was estimated at USD 0.59 billion. The report covers the Vietnam Car Rental Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Vietnam Car Rental Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Vietnam Car Rental Market Share

Statistics for the 2023 & 2024 Vietnam Car Rental market share, created by Mordor Intelligence™ Industry Reports. Vietnam Car Rental share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Vietnam Car Rental Industry

The Vietnamese car rental market is consolidated and led by globally and regionally established players. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions.

For instance, in March 2023, VinFast established a new electric car and scooter rental company in Vietnam. VinFast is part of a large Vietnamese conglomerate named VinGroup, which also uses VinFast EVs to promote green mobility.

Some of the major players in the market include Avis Budget Group, The Hertz Corporation, Hertz, Enterprise Holdings, Vinasun Corp., Mai Linh Group, and VN Rent a Car.