A control device controls a hydrostatic transmission vehicle having a hydrostatic transmission including a variable displacement pump and a variable displacement hydraulic motor. The control device is configured to set a set vehicle speed based on a forward/rearward travel command and a gear stage command instructed by an operator, to set a torque limit usable for the hydrostatic transmission based on an engine speed, to set a vehicle speed limit based on a pressure in the hydraulic circuit and the torque limit, to select a lower one of the set vehicle speed and the vehicle speed limit, and to control respective displacements of the variable displacement pump and the variable displacement hydraulic motor based on the selected vehicle speed.