Vietnam imports large quantities of cars from Thailand
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As such, the number of imported cars from these major markets accounted for 87% of the total number of automobiles being imported into the nation during June.
The department added that CBU car imports in June reached only 3,552 with a total value of US$97.9 million. In total, the country imported 44,000 CBU cars worth US$1.013 billion during the first seven months of the year, indicating an year-on-year decline of 48.3% in volume and 47.6% in value.
Elsewhere, the import turnover of machinery, equipment, tools, and spare parts in July stood at an estimated US$3.1 billion, a rise of 4.6% from the previous month.
Moreover, the seven-month period witnessed the import value of these commodities suffer a slight drop of 4.2% on-year to US$19.92 billion.
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