Vietnam spends US$202 million importing automobiles in August
Vietnam imported 8,800 cars of various types worth US$202 million in August, a surge of 85.6% compared with the previous month, according to a report from the General Department of Customs.
Thailand had the highest volume with more than 4,700 units. It was followed by Indonesia with 2,500 cars and China with 570 cars. The automobiles from the three countries accounted for nearly 90% of the country’s total imports.
Of the imports, the number of cars with nine seats or less were 6,136 units worth US$127 million, accounting for 69.4% of the total, an increase of 91.6% month-on-month.
The import of trucks gained 2,200 units worth US$55.7 million, up 167% in volume, and 176% in value. Meanwhile, special-purposed vehicles reached 483 cars worth US$19.6 million.
Although August imports sharply increased, it could not raise the total volume of automobiles in January-August, which decreased by 44.3% year-on-year to 53,800 units, due to the impact of the COVID-19 pandemic. Of which, cars with nine seats or less were 39,600 units, down 46.9%, and trucks were 10,759 units, down 47.8%.