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Car imports

Car imports increase 37.5 per cent in 10 months

Car imports increase 37.5 per cent in 10 months

Việt Nam imported 142,794 completely built units (CBUs) in the first 10 months of this year, an increase of 37.5 per cent over the same period last year, according to data from the General Department of Customs.
Car imports continue increasing in the first half 2024

Car imports continue increasing in the first half 2024

In the first half of September, the influx of imported cars into Viet Nam remained robust, despite a recent government policy to reduce registration taxes for domestically assembled vehicles.
Việt Nam spends nearly 1b importing cars in the first four months of 2024

Việt Nam spends nearly $1b importing cars in the first four months of 2024

Việt Nam imported 43,805 cars worth US$929.4 million in the first quarter, down 19.4 percent in volume and 23.5 per cent in value year on year
Car imports see strong recovery in March

Car imports see strong recovery in March

The strong recovery in CBU car import in March was due to the car import in February falling sharply when businesses stopped all import-export activities during the seven-day Tết holiday.
Car imports decrease sharply in first 2 months

Car imports decrease sharply in first 2 months

Car imports last month fell by 51.3 per cent in volume and 54.9 per cent in value compared to the same period last year.
More than 1.1 billion spent on car imports in four months

More than $1.1 billion spent on car imports in four months

In April alone, 14,000 automobiles worth $292 million were imported.
Car imports accelerate in March

Car imports accelerate in March

The import of automobiles increased dramatically in March, according to figures released by the General Department of Customs (GDC).
Auto imports see record drop in Q1

Auto imports see record drop in Q1

Viet Nam imported 8,000 cars worth US$163 million in March, according to the General Department of Customs.
Tax incentives given to automobile manufacturers, electric car imports

Tax incentives given to automobile manufacturers, electric car imports

Prime Minister Nguyen Xuan Phuc has instructed the Ministry of Finance to look at taxes and fees related to automobile manufacturing and assembly.
Banks scramble to sell assets to recover bad debts

Banks scramble to sell assets to recover bad debts

Since Vietnam Asset Management Company (VAMC) seized Sai Gon One Tower using the authority conferred on it by Resolution 42 on settling bad debts, several banks have followed suit and offered mortgaged assets for sale to help pay their bad...
Car imports speeding to historic high of 1.5b

Car imports speeding to historic high of $1.5b

Viet Nam is likely to spend US$1.5 billion on auto imports for the entire 2014, the highest level so far in Viet Nam''s history.
Automobile imports surge to five-year high

Automobile imports surge to five-year high

Viet Nam spent US$1.1 billion on auto imports during the first 10 months of the year, nearly doubling 2013''s figure and registering the highest level over the last five years.
Car imports rise in September

Car imports rise in September

About 7,000 completely-built units (CBU) were imported in September this year, bringing US$132 million in revenue, reported the General Statistics Office (GSO).
Automobile imports surge despite slow growth

Automobile imports surge despite slow growth

Viet Nam has bucked economic difficulties in August 2014 to achieve its highest level of car importation since 2011.
Automobile imports on the rise

Automobile imports on the rise

The General Statistics Office (GSO) reported an increase of 59.8 per cent to 31,000 units in imports of Completely Built-Up (CBU) automobiles to the local market.