Vehicle and auto parts imports up more than US$1 billion in four months
VOV.VN - Vietnam's import value of completely built-up (CBU) vehicles and auto parts reached US$4.22 billion during the four- month period of 2026, up 36% year-on-year, or US$1.12 billion from a year earlier, according to Vietnam Customs.
Preliminary data indicated that CBU vehicle imports in April fell 33.6% from the previous month. Indonesia, Thailand and China were the three largest vehicle suppliers to Vietnam, accounting for about 93% of total imported vehicles during the month.
Imports from Indonesia dropped sharply, while imports from Thailand also declined. Vehicle imports from China edged up slightly from the previous month.
Throughout the reviewed period, imports of passenger cars with fewer than nine seats exceeded 46,000 units, while truck imports hit nearly 13,900 units, up sharply from a year earlier.
Auto parts and component imports in April stood at US$607 million, down 13% from the previous month. China was the largest supplier, followed by the Republic of Korea (RoK), Japan and Thailand.
In the January-April period, the import value of auto parts and components hit US$2.47 billion, up nearly 45% year-on-year.
Vietnam imported more than 205,000 completely built-up vehicles with a total value of US$4.7 billion in 2025, marking the first time annual vehicle imports surpassed 200,000 units.
Vietnam set to become fourth-largest automobile market in ASEAN
VOV.VN - Vietnam is on course to surpass the Philippines and become the fourth-largest automobile market in ASEAN, fueled by rising consumer demand and a strong economic outlook.
