CBU car imports rise sharply in eight months
VOV.VN - Vietnam spent about US$3.021 billion importing 136,490 completely built unit (CBU) cars in the opening eight months of this year, marking strong growth with a 38.3% increase in value and a 28.1% rise in volume, according to the Ministry of Finance.
In August alone, the country imported 14,913 cars, down by 19% from July and declining slightly by 0.6% year on year.
The total value of imported cars in August reached US$363 million, down about 16% from July but up 22.6%.
Also, an estimated 55,013 new cars, including both domestically produced and imported vehicles, entered the Vietnamese market in August, representing a 1.7% decrease from July. With 40,100 domestically produced cars, August recorded the second-highest monthly output of 2025, following June.
Over the past eight months, cars with nine seats or fewer have continued to dominate Vietnam’s car import market. Specifically, the country imported 97,018 such vehicles, valued at a total of US$1.73 billion, representing 75.58% of the total import volume and 61.32% of the market’s total turnover.