Imported luxury Cars-huge increase

VCN - Different from every other year, in early 2019, top price luxury cars imported via Saigon port increased, reaching a huge rate in imported car turnover.
imported luxury cars huge increase

Luxury cars imported through VICT port. Photo: TH

Regarding to information from the Customs Branch of Saigon port area 3, from early 2019 to present, the volume of luxury cars imported to Ho Chi Minh City via VICT port increased sharply.

The total of 700 imported cars have an import turnover reaching over 28 million USD. Enterprises have completed custom clearance for imported luxury cars from Europe to Vietnam such as: Audi, Porsche, BMW …, which are worth over ten billion VND per car.

Hiep Phuoc port did custom clearance 2 months ago for over 7000 imported cars in the first 2 months of 2019, and nearly 8,000 imported cars were cleared at Ho Chi Minh border gates.

By Le Thu/ Phuong Thao

Related News

Preliminary assessment of Vietnam international merchandise trade performance in the first half of August, 2024

Preliminary assessment of Vietnam international merchandise trade performance in the first half of August, 2024

The Vietnam Customs Statistics announced that in the first half (01-15/8/2024) of August-2024, Vietnam’s total exports of US dollars 16.93 billion and imports of US dollars 16 billion resulted in a trade surplus of nearly US dollars 933 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of August was US dollars 32.93 billion, down by 11.4% as compared to the second half of July-2024.
The driving force for businesses to "sprint" at the end of the year

The driving force for businesses to "sprint" at the end of the year

VCN - Although the economy has shown many signs of recovery and business results are positive, the difficult period has not yet passed, forcing businesses to continue to make efforts to "sprint" in the last months of 2024.
Ho Chi Minh City supports businesses in building brands

Ho Chi Minh City supports businesses in building brands

VCN - According to experts, as the Vietnam economic "locomotive", Ho Chi Minh City is exposed to every opportunity to build and promote national brands, reaching international level.

Latest News

Mekong Delta promotes clean agricultural production to achieve Net Zero

Mekong Delta promotes clean agricultural production to achieve Net Zero

Localities in the Mekong Delta region have been progressively developing roadmaps for clean agricultural production as an effort to gradually guide Vietnam's agricultural sector towards the goal of "Net Zero" by 2050.
Wood export target of 15.2 billion USD feasible, challenges remain

Wood export target of 15.2 billion USD feasible, challenges remain

Despite market recovery, the wood industry needs to overcome formidable challenges to realise the export revenue target of 15.2 billion USD for the whole year, according to insiders.
Serious shortage and many impacts on seaport human resources

Serious shortage and many impacts on seaport human resources

VCN - According to the assessment of seaport enterprises in Vietnam, from 2024-2028, human resources at seaports will have strong changes in demand, due to the impact of technological trends to meet the task of developing the seaport economy in Vietnam.
Exports gain momentum

Exports gain momentum

VCN - With a highly open economy like Vietnam, exports are an important driving force for economic growth. In many major markets, the recovery in year-end consumption of goods creates more room for industries to contribute to export turnover.

More News

Binh Duong: Export enterprises regain growth momentum

Binh Duong: Export enterprises regain growth momentum

VCN - Import-export activities in Binh Duong are on the path of recovery and growth. Notably, key export products have recorded positive signals with abundant orders.
Vietnam

Vietnam's furniture products introduced at UK fair

Furniture products of 15 Vietnamese businesses are introduced at the Source Garden Fair in Birmingham, UK, from September 10-12.
Foreign trade expected to set new record this year

Foreign trade expected to set new record this year

A sharp rise has been recorded in foreign trade over the past few months, and if this upward trend is sustained, this year’s foreign trade turnover is likely to break the record of 732 billion USD set in 2022.
Bewaring of international trade fraud

Bewaring of international trade fraud

VCN - If export enterprises are careless, they will be at risk of being negligent when approaching and drafting contracts and falling into the trap of trade fraud.
Việt Nam promotes green logistics

Việt Nam promotes green logistics

The country's logistics industry has recorded a growth rate of 13-15 per cent each year, making it an important service industry and boosting the nation's socio-economic development.
US association appreciates Việt Nam

US association appreciates Việt Nam's semiconductor industry

Việt Nam has emerged as a new export market, especially in the field of information technology products while many countries are currently applying trade barriers to these products.
Nearly 110,800 new firms established in eight months

Nearly 110,800 new firms established in eight months

Nearly 110,800 new enterprises with total registered capital of nearly 994.7 trillion VND (40.3 billion USD) were established in the first eight months of 2024, a year-on-year increases of 4.4% in the number of businesses and 0.7% in the capital, according to the General Statistics Office (GSO).
Mobilizing finance for low-emission rice value chains

Mobilizing finance for low-emission rice value chains

VCN - Capital is still the biggest difficulty for cooperatives and rice production enterprises, especially those participating in the high-quality, low-emission rice project in the Mekong Delta. This requires strong participation from banks, investment funds and international financial institutions.
Insurance companies adapt to e-commerce trends

Insurance companies adapt to e-commerce trends

VCN - Travel insurance, cargo insurance, shipping insurance… have become popular services in online shopping transactions. Therefore, insurance companies are adapting this trend and expanding their customer data.
Read More

Your care

Latest Most read
Mekong Delta promotes clean agricultural production to achieve Net Zero

Mekong Delta promotes clean agricultural production to achieve Net Zero

Localities in the Mekong Delta region have been progressively developing roadmaps for clean agricultural production as an effort to gradually guide Vietnam's agricultural sector towards the goal of "Net Zero" by 2050.
Wood export target of 15.2 billion USD feasible, challenges remain

Wood export target of 15.2 billion USD feasible, challenges remain

Despite market recovery, the wood industry needs to overcome formidable challenges to realise the export revenue target of 15.2 billion USD for the whole year, according to insiders.
Serious shortage and many impacts on seaport human resources

Serious shortage and many impacts on seaport human resources

According to the assessment of seaport enterprises in Vietnam, from 2024-2028, human resources at seaports will have strong changes in demand
Exports gain momentum

Exports gain momentum

VCN - Although the global economy in 2024 is assessed to still face many risks and unpredictability, Vietnam's key export industries such as textiles, footwear, wood and products, electronics, etc.
The driving force for businesses to "sprint" at the end of the year

The driving force for businesses to "sprint" at the end of the year

VCN - According to the Ministry of Planning and Investment, in the first 7 months of the year, the industrial production index of the whole industry is estimated to increase by 8.5% over the same period last year, only lower than the 8.6% of 2022 in the 2
Mobile Version