Vietnam Battery Companies: Leaders, Top & Emerging Players and Strategic Moves

Vietnam battery players like PINACO, Vision Group, and GS Battery Vietnam Co. Ltd compete through technological upgrades, extensive distribution, and investment in lithium-ion technology. Our analyst view spotlights companies positioning themselves via local partnerships and manufacturing scale. For a full breakdown and detailed competitor analysis, see our Vietnam Battery Report.

KEY PLAYERS
Vision Group PINACO GS Battery Vietnam Co. Ltd Leoch Battery Corporation Heng Li (Vietnam) Battery Technology Co. Ltd
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Top 5 Vietnam Battery Companies

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    Vision Group

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    PINACO

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    GS Battery Vietnam Co. Ltd

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    Leoch Battery Corporation

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    Heng Li (Vietnam) Battery Technology Co. Ltd

Top Vietnam Battery Major Players

Source: Mordor Intelligence

Vietnam Battery Companies Matrix by Mordor Intelligence

Our comprehensive proprietary performance metrics of key Vietnam Battery players beyond traditional revenue and ranking measures

This MI Matrix can diverge from revenue based rankings because it weighs in country delivery strength, proof of execution, and near term readiness for policy friction. Signals that tend to matter in Vietnam include factory footprint, uptime focused service coverage, and evidence of recent product activity in energy storage or advanced chemistries. EPR enforcement, updated in 2025, also changes real operating burden, so firms with clear documentation and recycling partners can score higher even without the largest sales lines. For automotive starting batteries, buyers usually ask about warranty turnaround time, authorized outlets, and fitment coverage. For telecom and data center backup, buyers focus on heat tolerance, predictable cycle life, and replacement lead time under outages. The MI Matrix by Mordor Intelligence is better for supplier and competitor evaluation than revenue tables alone because it links observable Vietnam execution signals to decision risk.

MI Competitive Matrix for Vietnam Battery

The MI Matrix benchmarks top Vietnam Battery Companies on dual axes of Impact and Execution Scale.

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Analysis of Vietnam Battery Companies and Quadrants in the MI Competitive Matrix

Comprehensive positioning breakdown

Vision Group

June 2024 visibility matters because the firm showcased sodium battery work and distributed storage solutions in Hanoi, signaling forward intent in Vietnam. That major player could convert the attention into pilot wins, yet it still must prove repeatable deployments and dependable after-sales support. Vietnam's EPR rules for batteries, effective January 1, 2024, raise the bar on traceability and end of life planning, which can favor structured operators if enforced consistently. If grid storage tenders accelerate, the upside is strong, but a quality event in hot climates would quickly damage trust.

Leaders

PINACO

2024 revenue growth and higher pre-tax profit show operating resilience during a cautious vehicle and replacement cycle in Vietnam. This leading producer also highlighted stronger OEM channel traction and export growth in the first half of 2025, which broadens volume stability beyond retail replacement. EPR implementation from 2024, plus Decree 05 updates in 2025, will keep raising compliance costs, but structured firms can turn this into a barrier for informal rivals. If EV adoption stays supported through fee incentives, 12V and auxiliary demand should hold up, while lead price swings remain the key risk.

Leaders

GS Battery Vietnam Co. Ltd

National visibility improved in 2025 when HTV7 featured GS in a consumer advisory segment focused on automotive battery selection and care. Hosting a September 2025 visit by GS Yuasa leadership signals ongoing parent attention to Vietnam operations and channels. EPR compliance is becoming non negotiable for large fleet buyers, and environmental performance disclosure at the group level increases expectations for site discipline. If EV incentives remain supportive through 2027, replacement demand should stay healthy, but any recall would be reputationally costly.

Leaders

Frequently Asked Questions

What should buyers in Vietnam require for EPR readiness on batteries?

Request a clear recycling pathway, partner details, and annual volume documentation. Confirm who pays fees, who collects used units, and how proof is issued.

When does EPR apply to batteries and accumulators in Vietnam?

Recycling obligations for batteries and accumulators apply from January 1, 2024. The rules were updated again in early 2025, so buyers should check current documentation templates.

How should a data center choose between VRLA and lithium systems in Vietnam?

Start with space, temperature profile, and maintenance capability on site. Then compare total cost over the expected refresh cycle, including monitoring and replacement logistics.

What is the most practical way to evaluate battery quality without lab testing?

Ask for recent certification records, traceability by batch, and a warranty claim process with clear timelines. Also check how failures are analyzed and closed out.

What matters most for telecom backup batteries in Vietnam's heat and humidity?

Heat tolerance and float life consistency usually matter more than headline capacity. Verify enclosure design, ventilation assumptions, and on site inspection routines.

What are the biggest near term risks for battery suppliers operating in Vietnam?

Policy compliance costs and end of life obligations are rising, especially under EPR. Input price volatility and warranty spikes during extreme weather events can strain service networks.


Methodology

Research approach and analytical framework

Data Sourcing & Research Approach

Sources prioritize company sites, filings, and credible press rooms. Private firm signals rely on facilities, certifications, and dated customer or event evidence. Vietnam only indicators are used when available, avoiding global substitution. When data is sparse, multiple observable proxies are triangulated.

Impact Parameters
1
Presence & Reach

Vietnam factories, offices, and service reach decide lead time, warranty handling, and fleet uptime for telecom, data centers, and vehicles.

2
Brand Authority

OEM and broadcaster visibility, plus regulator trust, influence shortlist inclusion for automotive replacement, UPS strings, and utility pilots.

3
Share

Vietnam revenue and unit proxies reflect who wins repeat purchase cycles across starter batteries, VRLA backup, and early storage projects.

Execution Scale Parameters
1
Operational Scale

Vietnam production assets, automation, and compliance readiness determine consistent quality and the ability to meet EPR documentation needs.

2
Innovation & Product Range

Post 2023 launches in lithium, sodium, or storage systems in Vietnam indicate readiness for new applications beyond lead acid.

3
Financial Health / Momentum

Vietnam disclosures, sustained investment, and resilience through input cost swings predict continuity of supply and warranty support capacity.