Auto imports hit three-year highs
(VOV) -Vietnam imported 6,000 automobiles worth US$117 million in June 2014, reaching record highs for the past three years, according to the General Office of Statistics (GSO).
The number of imported completely built units (CBU) increased month on month in the first half of the year and even rose 1.5 times over the first six-month period last year.
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Automobile imports had declined sharply in both volume and value since June 2011 and the downward trend had lasted till the beginning of 2014.
In July 2014, an estimated 6,000 cars were shipped to Vietnam at a total value of US$122 million.
Overall, Vietnam has imported more than 31,000 units in the past seven months valued at US$667 million, up nearly 60% in volume and over 78% in value compared to a year ago.