National Focus

Tax-free automobiles imported from Thailand surges

By Quynh Chi November 12, 2018 | 09:18 AM GMT+7

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 2,678 units of automobile imported to Vietnam last week

Statistics from the General Department of Vietnam Customs shows that last week (from November 2nd to 8th), the total number of automobiles imported to Vietnam decreased slightly by up to 16 per cent compared to the previous week.

Last week, Vietnamese automobile enterprises imported to Vietnam 2,678 units of automobiles with the total value of about $51.2 million. Whereas, the previous week experienced the import of 3,188 units worth $65.4 million.

Automobiles entering Vietnam last week were mostly manufactured in Thailand with 2,316 units and Indonesia with 230 units. Vietnam also imported vehicles originating from other markets such as China, Mexico, and Germany.

Automobiles imported to Vietnam last week were mostly cars with nine or fewer seats with 1,857 units worth more than $34 million, 138 units lower than the figure for the previous week. These vehicles accounted for 69.3 per cent of the total number of imported automobiles.

These cars were mostly manufactured in Thailand with 1,678 units, increasing by 1,000 units from the previous week. While the volume of Indonesian tax-free automobiles imported to Vietnam was almost double the figure for Thailand, last week, it plummeted from 1,287 to only 110 units. There were also 44 units of this type imported from Mexico and 25 units from Germany.

There were also 25 units of over nine-seater automobiles imported to Vietnam last week from China while the previous time did not witness any car of this kind registered in the General Department of Vietnam Customs.

Last week also experienced 786 units of imported trucks with a total value of more than $14 million, including up to 642 units from Thailand and 120 units from Indonesia.

In terms of special-purpose vehicles, Vietnamese enterprises imported 10 units with a total value of $2.9 million, including eight units rooted in China.

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