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Wed, 07/17/2024 - 10:15
Submitted by maithuy on Tue, 10/18/2011 - 09:58
The number of domestic used-car increased significantly during September after suffering a period of decline.  

A General Customs Department of Vietnam report revealed that around 405 second hand cars were imported into the country last month, doubled the August figure.

Imports included 327 units valued at more than US$668,000 coming mostly from the Republic of Korea.

An additional 78 units were made up of Toyota, Audi, Lexus and Mini Coopers.

Used cars traders explained that volumes were pushed up by the Government’s tightening policies on car imports.

Increasing difficulty in importing new cars has resulted in the shift of focus to low-end used automobiles, which are less affected by new tax rates, the traders added.

VNA/VOV

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