Vietnam Micro-Mobility Market

Vietnam Micro-Mobility Market Overview:

The Vietnam micro-mobility market size reached USD 315.50 Million in 2024. The market is projected to reach USD 1,017.27 Million by 2033, exhibiting a growth rate (CAGR) of 12.42% during 2025-2033. The market is driven by heightened government infrastructure development initiatives promoting sustainable transportation, expanding digital platform integration facilitating seamless sharing economy services, and rapid electric vehicle (EV) adoption transforming urban mobility landscapes across major cities. These factors collectively expand the Vietnam micro-mobility market share as environmental consciousness grows among the masses.

Vietnam Micro-Mobility Market Trends:

Government-Directed Infrastructure Development and Green Transportation Drive

Vietnam's government is spearheading comprehensive infrastructure development to support sustainable transportation solutions across urban centers. The ambitious national roadmap targets urban vehicles powered by electricity, creating unprecedented opportunities for micro-mobility adoption. Major infrastructure investments include dedicated cycling lanes, such as the first 4km bike-only lane launched in Hanoi in February 2024 along the To Lich River through Cau Giay and Dong Da districts, featuring six public bicycle stations. Moreover, the systematic policy implementation for boosting supply and production, incentivizing user demand, expanding charging infrastructure, preparing the power grid, and developing skilled workforce capabilities are some of the major focuses of the government. These inclusive policy actions position Vietnam as a regional model for sustainable transportation transition, with direct implications for micro-mobility service operators and infrastructure investors.

Expansion of Digital Platform Integration and Sharing Economy

The accelerated digitization of transport services is transforming Vietnam's micro-mobility infrastructure with advanced app-based platforms and intuitive user interfaces. Tourism destinations like Hue and Hoi An show keen peak season demands, with operators utilizing artificial intelligence (AI)-based rebalancing algorithms and blockchain-enabled ESG monitoring for CO₂ savings reporting. Technology differentiation encompasses real-time unlock through near-field communication (NFC), edge-processed quick response (QR) code recognition, and real-time component diagnosis through hardware powered by internet of things (IoT). These technologies contribute to the growth of the Vietnam micro-mobility market as they minimize operating expenses, enhance customer experience, and facilitate scalable deployment of services in a wide variety of urban and tourist settings.

Electric Vehicle (EV) Adoption and Fleet Electrification Acceleration

Vietnam's electric vehicle (EV) adoption and fleet electrification is gaining pace as the nation is positioning itself to take a leadership position in clean mobility transformation. EVs are becoming the vehicle of choice for more people as charging infrastructure is growing, technologies in batteries are advancing, and prices are coming down compared to traditional vehicles. Vietnamese manufacturers are rolling out new electric vehicles and targeting both the domestic and overseas markets, while international brands are releasing EV models to satisfy increasing demand. Public transport networks are going electric with city governments putting out electric buses and preparing for broader adoption of zero-emission vehicles into city fleets. Delivery companies are testing electric vans and two-wheelers, cutting fuel costs and meeting increasingly stringent sustainability demands from customers and vendors. Policies are in favor of this transformation as tax breaks, import duty exemptions, and charging infrastructure investments are fostering take-up. Meanwhile, private firms are joining forces with energy companies to deploy charging stations across the country, so that range anxiety is on the decline for drivers. Investments in renewable energy are supplementing this shift, as solar and wind farms produce the clean electricity that EVs are using, thereby supporting the Vietnam micro-mobility market growth.

Vietnam Micro-Mobility Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type, propulsion type, sharing type, speed, age group, and ownership.

Type Insights:

• Bicycles
• E-Bike
• E-Kick Scooters
• Others

The report has provided a detailed breakup and analysis of the market by type. This includes bicycles, e-bike, e-kick scooters, and others.

Propulsion Type Insights:

• Manual
• Electrically-Powered
• Hybrid

A detailed breakup and analysis of the market based on propulsion type have also been provided in the report. This includes manual, electrically-powered, and hybrid.

Sharing Type Insights:

• Docked
• Dock-Less

The report has provided a comprehensive analysis of sharing type. This includes docked and dock-less.

Speed Insights:

• Less Than 25 Kmph
• Above 25 Kmph

A detailed breakup and analysis of the market based on speed have been provided in the report. This includes less than 25 kmph and above 25 kmph.

Age Group Insights:

• 15-34
• 35-54
• 55 and Above

The report has provided a detailed breakup and analysis of the market by the age group. This includes 15-34, 35-54, and 55 and above.

Ownership Insights:

• Business-To-Business
• Business-To-Consumer

A detailed breakup and analysis of the market based on ownership have also been provided in the report. This includes business-to-business and business-to-consumer.

Regional Insights:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Micro-Mobility Market News:

• March 2025: Honda Việt Nam has officially introduced its first electric scooter manufactured locally, representing an important move in the company’s strategy for electrification and sustainable mobility in Việt Nam. During the launch event at the company’s facility in Vĩnh Phúc Province, General Director Koji Sugita highlighted that the unveiling of the ICON e: demonstrates Honda's dedication to providing eco-friendly vehicles, aiding in the pursuit of a greener and more sustainable future.
• December 2024: JiBike launched its electric bike rental service in central Vietnam to enhance tourist experiences and attract more visitors. The new service targets the growing tourism sector and aims to provide eco-friendly transportation options for visitors exploring Vietnam's cultural heritage sites and urban areas.

Vietnam Micro-Mobility Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam micro-mobility market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam micro-mobility market on the basis of type?
• What is the breakup of the Vietnam micro-mobility market on the basis of propulsion type?
• What is the breakup of the Vietnam micro-mobility market on the basis of sharing type?
• What is the breakup of the Vietnam micro-mobility market on the basis of speed?
• What is the breakup of the Vietnam micro-mobility market on the basis of age group?
• What is the breakup of the Vietnam micro-mobility market on the basis of ownership?
• What is the breakup of the Vietnam micro-mobility market on the basis of region?
• What are the various stages in the value chain of the Vietnam micro-mobility market?
• What are the key driving factors and challenges in the Vietnam micro-mobility market?
• What is the structure of the Vietnam micro-mobility market and who are the key players?
• What is the degree of competition in the Vietnam micro-mobility market?

Key Benefits for Stakeholders:

• IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam micro-mobility market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam micro-mobility market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam micro-mobility industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.