Vietnam Sees Six-Fold Surge In Cars Imported From China

Vietnam Sees Six-Fold Surge In Cars Imported From China

HANOI, May 18 (NNN-VNA) – Around 6,630 completely built-up (CBU) cars were imported by Vietnam from China, in the first four months of this year, six times higher than the volume from the same period last year, according to the General Department of Vietnam Customs.

Industry insiders attributed the increasing popularity of cars imported from China to good designs and modern features, local media, VnExpress reported today.

With that volume, China remained the third-largest CBU car supplier for Vietnam in the period, behind Thailand and Indonesia.

The two Southeast Asian countries accounted for 79 percent of Vietnam’s CBU imports over the four-month period.

Between Jan and Apr, Vietnam’s total car imports marked a 56.5 percent year-on-year growth, at nearly 50,200 vehicles, according to the customs department.

The country’s automobile sales, during the four months, surged 58 percent, year on year, to 101,309 units, signaling a recovery from the impacts of the COVID-19 pandemic, said Vietnam Automobile Manufacturers Association.– NNN-VNA

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