Vietnam imports 16,000 CBU cars in first half

Vietnam imported 16,000 completely built unit (CBU) automobiles worth a total of 308 million USD in the first half of this year.
Vietnam imported 16,000 completely built unit (CBU) automobiles worth a total of 308 million USD in the first half of this year.

The strong rebound shows that the import value of CBU cars has been on the rise since earlier this year.

After Rolls-Royce announced their presence in Vietnam, some other foreign manufactures are also preparing to penetrate the market, including Mini and Lexus.

Imported CBU automobiles rose by 3,000 units in the first four months of this year, while their value increased sharply with steady growth from 48 million USD in March to 50 million USD in April and 66 million USD in May.

However, the import value is predicted to drop to 55 million USD in June.-VNA

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