CBU car imports surge 30%

(VOV) - Vietnam imported 9,860 CBU (Completely Built Unit) automobiles worth more than US$200 million in November, rising by 30.2% compared to the previous month, according to the General Department of Vietnam Customs.

In October, 7,580 CBU automobiles valued at US$172 million were imported into Vietnam.

In the first eleven months of this year, the country imported 61,600 CBU automobiles which cost total US$1.34 billion, showing a year-on-year increase of 95.5% in volume and 108.6% in value.

The Republic of Korea was Vietnam’s largest car supplier in the reviewed period (14,770 CBU automobiles). It was followed by Thailand (13,000), China (11,630) and India (10,900).

Total auto sales hit 16,000 units in November. The figure is forecast to reach 150,000 units by the end of this year, up 36% over 2013.

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