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Imported cars to Vietnam surged

by VTV431 March 2017 Last updated at 15:31 PM

VTV.vn - According to the latest statistics of the General Statistics Office, the number of completely built cars imported to Vietnam during the first three months of 2017 is over 28,000 units, an increase of 43% compared to the same period last year

In particular, the volume of cars under nine seats imported into Vietnam was nearly three times higher than the same period in 2016. On average, each car imported in March is 10 thousand USD cheaper than imported cars in February.

According to the General Department of Customs, the reason why the number of imported vehicles are increasing rapidly is mainly due to the entry of cheap Indian cars. in addition, car import tax from Indonesia and Thailand decreased from 40% to 30%.

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