Vietnam imported over 5,200 completely built-up cars (CBU) with fewer than nine seats in the first quarter of this year, a year-on-year increase of 37 percent, according to the General Department of Customs.
The imported cars were worth 26.3 million USD, up nearly 80 percent due to a rise in the imports of luxury vehicles.
The report also shows that the country imported a total 10,377 units worth 188 million USD in the reviewed period, up 49.8 percent in volume and 54 percent in value.
The high import contributed 1.46 trillion VND (68.62 million USD) to the State budget.
In addition, components and spare parts of imported cars also soared 30.9 percent and were valued at 385 million USD.-VNA
The imported cars were worth 26.3 million USD, up nearly 80 percent due to a rise in the imports of luxury vehicles.
The report also shows that the country imported a total 10,377 units worth 188 million USD in the reviewed period, up 49.8 percent in volume and 54 percent in value.
The high import contributed 1.46 trillion VND (68.62 million USD) to the State budget.
In addition, components and spare parts of imported cars also soared 30.9 percent and were valued at 385 million USD.-VNA
