16,000 CBU cars imported in six months
(VOV) -An estimated 16,000 completely built unit (CBU) automobiles worth a total of US$308 million were imported into Vietnam in the first half of this year.
The General Statistics Office (GSO) reported that car imports saw an increase of 17.8 percent in volume and 7.5 percent invalue during the reviewed period.
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The strong rebound shows that the import value of CBU cars has been on the rise since earlier this year.
After Rolls-Royce announced their presence in Vietnam, some other foreign manufactures are also preparing to penetrate the market, including Mini and Lexus.
Imported CBU automobiles rose by 3,000 units in the first four months of this year, while their value increased sharply with steady growth from US$48 million in March to US$50 million in April and US$66 million in May.
However, the import value is predicted to drop to US$55 million in June.