Vietnam imports over 14,000 cars in February
Vietnam imports over 14,000 cars in February
In comparison with the year-on-year import figures, when auto importers faced barriers from the Government’s Decree 116 on the conditions for production, assembly, import and business of automobile warranty and maintenance services last year, the February figure increased by 5,667 percent in volume and 1,696 percent in value.
February saw strong performance because importers have met the requirements of Decree 116, especially the Vehicle Type Approval Certificate, and stabilised their imports.
Cars imported from Thailand gained the highest volume of nearly 9,400 units, accounting for 66.4 percent of the total imports in the month. It was followed by Indonesia with over 3,820 units.
The average prices of Thai and Indonesian cars were at 19,700 USD and 16,600 USD each, respectively. These prices were low because they both enjoy zero percent import duty when exporting products to Southeast Asia members, including Vietnam.
The figures imported from countries including Japan, Russia, the US and the UK were not high, according to the general department.
Related News
Japanense Chamber of Commerce and Industry recognizes benefits of developing Customs-Business partnership
11:03 | 14/09/2024 Customs
VCCI Deputy Secretary General Dau Anh Tuan: Customs-Business Partnership has dramatic changes
14:23 | 13/09/2024 Customs
New Director General of Vietnam Customs: Concentrating all resources to prioritise comprehensive digital transformation of customs work
07:52 | 09/09/2024 Customs
Vietnam and Japan promote cooperation
19:30 | 30/08/2024 Finance
Latest News
Mekong Delta promotes clean agricultural production to achieve Net Zero
19:13 | 14/09/2024 Import-Export
Wood export target of 15.2 billion USD feasible, challenges remain
19:10 | 14/09/2024 Import-Export
Serious shortage and many impacts on seaport human resources
11:06 | 14/09/2024 Import-Export
Exports gain momentum
14:24 | 13/09/2024 Import-Export
More News
The driving force for businesses to "sprint" at the end of the year
09:48 | 13/09/2024 Import-Export
Binh Duong: Export enterprises regain growth momentum
09:47 | 13/09/2024 Import-Export
Vietnam's furniture products introduced at UK fair
15:30 | 12/09/2024 Import-Export
Foreign trade expected to set new record this year
15:28 | 12/09/2024 Import-Export
Bewaring of international trade fraud
07:34 | 12/09/2024 Import-Export
Việt Nam promotes green logistics
14:36 | 11/09/2024 Import-Export
US association appreciates Việt Nam's semiconductor industry
14:34 | 11/09/2024 Import-Export
Nearly 110,800 new firms established in eight months
14:28 | 11/09/2024 Import-Export
Mobilizing finance for low-emission rice value chains
09:33 | 11/09/2024 Import-Export
Your care
Mekong Delta promotes clean agricultural production to achieve Net Zero
19:13 | 14/09/2024 Import-Export
Wood export target of 15.2 billion USD feasible, challenges remain
19:10 | 14/09/2024 Import-Export
Serious shortage and many impacts on seaport human resources
11:06 | 14/09/2024 Import-Export
Exports gain momentum
14:24 | 13/09/2024 Import-Export
The driving force for businesses to "sprint" at the end of the year
09:48 | 13/09/2024 Import-Export