Hung Le
Imported autos on display at an exhibition in this fi le photo. This month Vietnam has imported 100 autos a day on average - Photo: Hung Le
The import value is down to US$48 million this month from US$65 million recorded in January.
Around 6,000 completely built-up cars have been imported into the country in the first two months with a total value of some US$113 million, up 39.8% in volume and 26.1% in value.
Auto traders expect a possible pickup in business this year as the city government has lowered the automobile registration fee for under-ten-seat vehicles to 10% from the previous 15%.
The auto market has been warming up since the tax on completely built-up cars imported from Southeast Asia markets was reduced to 50% early this year from the former 60%. And demand of Vietnamese consumers remains strong.
The Vietnam Automobile Manufacturers’ Association (VAMA) has forecast around 120,000 units will be sold this year, up 9% from last year.
Auto imports last year reached nearly 34,500 units worth US$709 million, up 25.9% and 15.2% respectively.
Đăng ký: VietNam News