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Vietnam imports 120,000 cars in ten months

Vietnam imported 120,000 assembled cars worth 2.66 billion USD in the first ten months of this year, according to the General Department of Vietnam Customs.

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The numbers represent increases of 125 percent in volume and 122 percent in value year-on-year, the department said.

In October alone, 13,000 cars valued at 273 million USD were imported into Vietnam.

The department also said October saw complex developments in cross-border smuggling.

Between September 16 and October 15, customs officers detected 1,396 smuggling cases worth 169.48 billion VND (7.29 million USD), contributing 13.24 billion VND to the State budget.

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