Auto imports from Indonesia, Thailand soar in Jan-Sept

27-Oct-2021 Intellasia | The Saigon Times | 5:02 AM Print This Post

Vietnam imported more than 91,260 completely-built-up (CBU) cars from Thailand and Indonesia between January and September, surging by 62 percent year-on-year, according to the general Department of Vietnam Customs.

In the year to September, 33,970 cars from Indonesia and 57,290 others from Thailand had been shipped to Vietnam, representing 80 percent of the country’s total auto imports during the nine-month period.

In September alone, Vietnam spent some $197 million importing over 8,660 CBU autos, mainly from Indonesia, Thailand and China. The number of autos imported from the three markets accounted for 91 percent of the country’s total auto imports in the month.

Some 114,400 CBU cars were shipped to Vietnam between January and September, up 71 percent year-on-year. Of the total, there were some 78,280 cars with fewer than nine seats, soaring by 57.8%.

During the nine months, Vietnam spent $3.7 billion importing auto parts, up 39.8 percent year-on-year, the local media reported.

Market watchers said that the country’s car imports would continue to rise in coming months as many provinces and cities nationwide have brought the pandemic under control and life has gradually got back to normal.

https://english.thesaigontimes.vn/auto-imports-from-indonesia-thailand-soar-in-jan-Sep/

 

Category: Economy, Vietnam

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