Vehicle import triples in early June Business

Vehicle import triples in early June

The import of vehicle surged in the first week of June and most of the imported cars were from Thailand, according to the General Department of Vietnam Customs.
Automobile sales drop 7 percent in September Business

Automobile sales drop 7 percent in September

The Vietnam Automobile Manufacturers’ Association on October 10 reported that automobile sales in September drop 20 percent compared to the same period last year and 4 percent over the previous month.
Bumpy ride for auto industry Business

Bumpy ride for auto industry

Listed automobile companies will face a challenging and volatile year in 2017 on policy changes and rising competition from imported products.
2016 car import turnover hits 2.3 billion USD Business

2016 car import turnover hits 2.3 billion USD

Vietnam’s car import turnover in December 2016 increased in both quantity and value, making the year’s total annual car imports finish at 2.3 billion USD, according to the General Statistics Office.
Imported cars to cost more after tax changes Business

Imported cars to cost more after tax changes

Imported cars are expected to become more expensive by around 5 percent if the finance ministry's draft plan to adjust the calculation of special consumption tax on imported automobiles is approved.
Car imports rise 86 percent over last year Business

Car imports rise 86 percent over last year

Vietnam spent 133 million USD on importing 5,493 completely built-up (CBU) cars last month, an increase of 86 percent in quantity and 160 percent in value compared in the same month last year, according to the General Statistics Office.
Business

CBU car imports rise

Imports of completely built-up (CBU) cars in the January-July period have picked up 78.4 percent year-on-year to 667 million USD, a local newspaper reported.
Business

Economic downturn slows auto sales

Vietnam imported 3,000 complete built unit (CBU) automobiles worth 45 million USD last month, a 49.8 percent drop in volume and a 55.1 percent fall in value from January 2011, according to the General Statistics Office (GSO).
Society

Repatriates allowed to bring cars home

Overseas Vietnamese returning to settle in Vietnam are allowed to bring with them one car as personal effects, according to the Finance Ministry’s recent circular, which will take effect as of July 24.