Automobiles imported to Vietnam last week were mostly manufactured in Thailand with 2,307 units and Indonesia with 735 units.
Automobiles registered for customs clearance last week were mainly from Thailand and Indonesia, accounting for 85 per cent of the total imported cars into Vietnam last week.
Last week, the number of Thailand's cars with nine or fewer seats imported to Vietnam increased by 1,000 units to reach 1,674 units.
There were up to 1,995 cars with nine or fewer seats imported to Vietnam last week, mostly from Indonesia and Thailand.
Automobiles entering Vietnam last week were mostly manufactured in Thailand with 2,122 units.
Last week, 1.440 units of duty-free cars were imported to Vietnam from Indonesia, accounting for nearly half of the total of nine seater or fewer cars.
Last week, the number of automobiles imported to Vietnam reached 3,065 units, nearly 60 per cent higher than the previous week.
The number of tax free cars with nine or fewer seats imported last week mostly originated from Thailand and Indonesia with 712 and 397 units, respectively.
The total number of imported automobiles handed over to customers reduced by up to 45 per cent in the first seven months of this year, compared to the same period of last year.
On the list of five best sellers of last month, there was no presence of completely built-up automobiles (CBU).
Prices of Honda Vietnam’s 2,000 automobiles recently imported from Thailand have been announced to be thousand dollars lower than those of the previous shipments as the import tariff on automobiles has been reduced to zero per cent.
Due to insufficient information on the imported cars provided by customs departments, Director General of Vietnam Customs Nguyen Van Can has requested the functional bodies under Vietnam Customs and the local customs departments once a week to publicize the information such as price, quantity, type of automobiles imported into Vietnam since 2018.
The Government’s Decree No. 116/2017/ND-CP which came in full force and effect on January 01, 2018, is viewed as a “new barrier" to protect domestic automobile industry from the automobiles imported from ASEAN entitled to a zero per cent tariff, according to automobile importers and exporters.
While automobile assembly enterprises in Vietnam have stopped manufacturing and imported automobiles instead, Vingroup, the leading real estate developer in Vietnam, and Truong Hai Auto Corporation (THACO), one of the leading car manufacturers in Vietnam, show the opposite trend.
