Over 114,800 cars imported as of September 15
Total import value estimated at $2.36 billion.
Motor car imports from ASEAN to enjoy 0% import duties
Vietnam outlaid $3.62 billion importing 163,333 CBU motor cars last year as of December.
Car imports up sharply
Despite a decline in domestic consumption amid Covid-19, Vietnam’s motor car imports remained high in July, at 17,000 units worth more than $332 million, bringing total imports in the first seven months of the year to nearly 100,000 units worth $2.17 billion, an increase of 116.9 per cent in volume and 111.4 per cent in value over the same period last year.