Regulations on the automobile localisation ratio will be abolished on October 10, 2022 after having been in force for almost 20 years.

VOV.VN - Vietnam spent approximately US$206.25 million on importing 9,906 completely built units (CBU) in the first half of August, according to the latest statistics released by the General Department of Vietnam Customs.

The Vietnam Automobile Manufacturers’ Association (VAMA) reported that its members suffered a decline in sales for the second consecutive month in February, with 22,802 cars sold units, or a 26% decrease.

VOV.VN - Statistics compiled by the General Department of Vietnam Customs reveal that Thailand continued to dominate Vietnamese car imports last year.

Automobile sales in Vietnam posted a month-on-month increase of 30% and a year-on-year increase of 6% in November, announced the Vietnam Automobile Manufacturers’ Association (VAMA).

VOV.VN - Vietnam imported 15,363 Completely Built Unit (CBU) vehicles in October, marking an increase of 77.2% in volume compared to the previous month, according to data compiled by the General Department of Customs.

VOV.VN - Vietnam spent US$2.35 billion on importing a total of 105,702 completely-built-up (CBU) cars in the first eight months of the year, marking annual increases of 91.3% in value and 95.6% in volume.

VOV.VN - Vietnam imported 95,525 completely built-up (CBU) vehicles valued at US$2.13 billion during the opening seven months of the year, according to the General Department of Vietnam Customs.

Limited market capacity and price differences between domestically produced cars and imported cars are the two biggest bottlenecks for the local auto industry, according to the latest report from the Ministry of Industry and Trade (MoIT).

VOV.VN - Vietnam imported a total of 15,600 completely built unit (CBU) cars in May from three major regional markets of Thailand, Indonesia and China, making up 94% of the total number of vehicles imported into the country.