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Economics

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Dramatic rise in CBU vehicle imports to Vietnam

Vietnam imported 3,400 complete built unit (CBU) cars in September, up 61.9% from a month earlier. Imported CBU cars totalled25,000 worth US$494 million after nine months, up 27.1% in quantity and 10.1% in value compared to last year’s same period. Imported cars saw a sharp increase in trucks (1,950 units, up 59.7%), nine-seat cars (1,200 units, up 78.4%) and other types (217 units, up 52.8%). Meanwhile, imports of over nine-seat vehicles were only 29 units, down 47.3% from the previous month. The General Department of Custom said over the past nine months, the Republic of Korea has been the leading supplier for CBU with 10,880 units, up 39.3% and accounting for 43,2% of total imported CBU cars, followed by Thailand (5,700 units, up 51.2%), China (2,770 units, down 13.4%) and Japan (1,540 units, up 67.5%). VOV
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