Car Imports

Ninety percent of imported cars in Vietnam in February came from Thailand, Indonesia and China.

The majority of imported cars in Vietnam in the final month of the year came from Thailand (7,696 cars), and Indonesia (2,353) and China (1,158).

90% of imported cars in Vietnam in November came from Thailand, Indonesia and China.

This marked the rise in number of imported cars to Vietnam in two consecutive months, following a 34% increase in July.

Car sales number in Vietnam in the first seven months of this year dropped 28% year-on-year to 131,248 units across all segments.

The majority of imported cars in Vietnam in April came from Thailand and Indonesia.

The majority of imported cars in Vietnam in March came from Thailand and Indonesia.

Vietnam's localization rate for passenger cars of under nine seats is 7 - 10%, much lower than the target of 35 - 45% set for the car industry 20 years ago.

As Vietnam is deepening global economic integration, competition is inevitable, which leads to the government's decision to ease restrictions on car import.

Vietnam’s active participation in multilateral and bilateral trade agreements created a pathway for improvements in the country’s business environment and support local enterprises to grow.