Viet Nam imported more than 38,000 cars of various types, worth a total US$846 million, in the first six months of this year, decreasing by nearly 32,000 units in volume and VND700 million in value year-on-year.
Viet Nam imported nearly 11,700 cars worth more than US$273 million in the first month of this year, marking the fifth consecutive month with a volume of at least 10,000 units, according to statistics from the General Department of Customs.
The entry of importing used cars with nine seats and less will become tighter if the proposal of to lift tariffs by the Ministry of Finance recently is approved.
According to the General Statistics Office (GSO), import turnover for cars in December 2016 increased in both quantity and value, making the year’s total annual car imports finish at $2.3 billion.
