Car imports hit eight-month record high
VOV.VN - The number of cars imported into Vietnam rose sharply in August and has reached a record high over the past eight months, according the General Statistics Office (GSO).
Vietnam spent some US$375 million on importing nearly 18,000 completely built-up (CBU) cars of all kinds in August, up 25.3% in volume and 25.2% in value compared to the same period last year, reported the GSO.
The initial eight months of the year saw the country purchase 96,026 CBU cars worth US$2.245 billion, equivalent to 91% in volume and 95.8% in value compared to figures recorded in 2021.
Meanwhile, roughly 34,100 domestically manufactured and assembled cars were added to the market throughout August, down 1,000 units compared to July 2022 but up 65.9% over last year’s corresponding period.
The August figure brought the total number of domestically manufactured and assembled cars during the first eight months of the year to 293,800 units, up 13.9%.
