Vietnam posted an all-time high import of automobiles with 173,467 units valued at US$3.84 billion last year, surpassing the previous record of about 160,000 units in 2021, reported the General Department of Vietnam Customs.

VOV.VN - Vietnam has imported 163,333 completely built unit (CBU) cars valued at US$3.62 billion as of December 15, according to data compiled by the General Department of Vietnam Customs.

While normally a positive time for car sales, this year the domestic automobile market is seeing gloomy days as Tet approaches, according to local car experts.

VOV.VN - VinFast has announced that it has opened an additional four stores in California, with new locations now open in Los Angeles and Orange county.

VOV.VN - The nation raked in more than US$10.79 billion from exporting auto accessories and vehicles during the past 11 months of the year, up 13.1% against the same period from last year, according to information given by the General Statistics Office (GSO).

Vietnam Motor Show 2022 held at the Saigon Exhibition and Convention Center (SECC) saw record-high vehicle sales and orders during the five days of the event, from October 26 to 30.

Most Vietnamese firms operating in supporting industries are technologically and managerially underdeveloped, according to insiders.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 33,463 vehicles of all kinds in September, representing a month-on-month rise of 8.5%.

VOV.VN - The Vietnam Germany Innovation Network (VGI Network) hosted a conference in Wolfsburg, Germany, as part of efforts to foster greater connectivity among Vietnamese experts and businesses, as well as those of Vietnamese origin in the automobile industry and relevant technical sectors.

VOV.VN - The nation spent approximately US$153.6 million on importing 7,914 completely built units (CBU) cars in the first half of September.