Vietnam imported 37,565 cars in first half

Members of Vietnam Automobile Manufacturers’ Association (VAMA) said they sold 24,356 vehicles in June, up 5 percent compared to the previous month.

Among these, 14,179 tourist cars were sold, an increase of 10 percent; 9,137 commercial vehicles, up 1.5 percent and 1,049 of dedicated cars, down 20 percent from the last month.

For the first six months of 2017, 134,273 vehicles were sold, down 1 percent compared to the same period of last year.

The consumption of locally assembled cars was 96,703, down 6 percent while the consumption of imported cars reached 37,565, up 15 percent from the same period last year.

Consumers are planning to buy new cars, as the import tax on vehicles will drop  to 0 percent in early next year, said the association.

T.Tuyet-Translated by K.Lien

Other news

Most view


SBV prepares bad debt settlement plan

The central bank on Friday held an online conference to prepare for the implementation of the scheme to settle non-performing loans (NPL) and restructure credit institutions in the 2016-20 period.

Self - introduction

“Taste of world” buffet in Liberty Central Saigon Center

Central restaurant is located on the 3rd floor of Liberty Central Saigon City point hotel where combines the comfort of tradition with modern design for people to experience regionally-sourced cuisine and fresh local seafood, especially lunch and dinner buffet.

Stock market

VN Index drops after two-day rise

Vietnam’s benchmark VN Index retreated from a two-day increase as large-cap stocks were brought down by profit-taking pressure.