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Sep 23, 2014 / 16:31

Car imports soar in 8 months

Vietnam imported 37,300 vehicles valued at US$806 million in the first eight months of this year, Vietnam Customs reports.

The figure surges 71.5% in volume and 91.9% in value compared to the same period last year.
 

 
Of the figure, the Republic of Korea (RoK) remained the top supplier of automobiles to Vietnam with a 4.3% on-year jump to 10,300 units, followed by Thailand (over 7,400 units, up 64.3%).
Meanwhile, in August 2014 alone, Vietnam Customs statistics show that Chinese automobile exports to Vietnam posted an astonishing on-month growth rate of 187% to over 7,000 units valued at US$274 million.
The number of completely built units (CBU) imported from China has been on an upward trend over recent months with 5,600 purchased in June,5,920 in July, and 5,760 in August.