Automobile imports pick up speed

Source: Pano feed

(VOV) -More than 5,200 cars were imported into the domestic market in the first quarter of 2014, representing 1,400 units more than the comparable period last year, according to Vietnam Customs statistics.



Auto imports in this period saw a year-on-year increase of 37% in volume. However, their value went up nearly 80% (around US$26.3 million) due to a large number of imported luxury cars.


Vietnam Customs reported that Vietnam’s total automobile imports rose nearly 50% from the previous year to 10,377 units worth US$188 million, up 54% in value.


The country also spent US$385 million on purchasing auto spare parts from overseas markets in the first quarter, up 30.9% from a year earlier.




Đăng ký: VietNam News

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