More than 110,000 CBU cars imported in nine months

VCN - In September, the number of imported CBU cars decreased, but in general, the figure for the first nine months was still high compared to the same period in 2020.
HCM City witnesses trade deficit of more than $18 billion of goods HCM City witnesses trade deficit of more than $18 billion of goods
Vietnam imported over 10,000 CBU cars in August Vietnam imported over 10,000 CBU cars in August
Registration fee for battery-powered cars may be 50% of petrol and diesel cars Registration fee for battery-powered cars may be 50% of petrol and diesel cars
Quantity structure of cars imports from three major markets compared to the remaining markets. Chart: T.Binh
Quantity structure of cars imports from three major markets compared to the remaining markets. Chart: T.Binh

According to the General Department of Viet Nam Customs on October 12, the whole country imported 8,669 CBU cars of all kinds, with a turnover of approximately US$197 million, down 14.8% compared to August and down 11.4% in turnover.

Generally, in nine months, the whole country imported 114,377 CBU cars, with a turnover of US$2.55 billion, up 71.5% in volume and 71.3% in turnover over the same period last year.

In which, the two most popular vehicle lines are less than 9-seater cars and trucks.

In nine months, 78,282 under 9-seater cars were imported to Vietnam with a turnover of US$1.42 billion; while trucks reached 25,913 units with a turnover of US$624 million.

By the end of September, Thailand still holds the number one position among Vietnam's import markets with 57,294 units, with a turnover of US$1.066 billion.

Second place is Indonesia with 33,967 vehicles with a turnover of US$425.7 million and third is the Chinese market with 14,597 vehicles with a turnover of US$546 million.

In three main markets, Thailand and Indonesia mainly focus on under 9-seater cars, while China dominates the truck segment.

Therefore, the average value of imported cars from China is higher than that of the two Southeast Asian markets.

Incentives for development of auto industry Incentives for development of auto industry

VCN - To encourage domestic car production, the State has offered many preferential policies, notably policies on ...

Specifically, the average car imported from China is about US$37,400/car (excluding tax). While Thailand reached about US$18,600/car; Indonesia reached more than US$12,500/car.

By Thai Binh/Dieu Huong

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