Car imports surge sharply in first half of 2025
VOV.VN - Vietnamese firms spent US$2.23 billion on importing 102,817 completely-built-up (CBU) cars in the first six months of the year, showing strong growth in both value (up 44%) and volume (37.9%) compared to the same period last year.
According to the Industry and Trade Information Centre under Ministry of Industry and Trade, the country imported 18,811 cars worth US$406.93 million in June alone, declining slightly in both volume and value month on month but rising 18.4% in volume and 31% in value year on year.
Throughout the January to June period, Indonesia was the biggest supplier of cars to Vietnam with 39,111 units, accounting for 38% of the country’s total volume and 24.8% in value.
Elsewhere, Thailand ranked second with 35,329 cars with a value of US$676.27 million, making up 34.4% in volume and 30.3% in value of the overall car imports.
Next was China, from which Vietnam imported 22,944 CBU cars. This market recorded the strongest growth in both volume and value of imported cars over the past six months.
Vietnam also imported cars from Japan, the UK, Austria, and India, albeit in smaller quantities.
Automobile sales in Vietnam up 9% in July
Auto sales in Vietnam in July increased 9% from the previous month to 28,920 units, the Vietnam Automobile Manufacturers’ Association (VAMA) announced on August 13.
