The nation imported a total of 4,000 completely built unit (CBU) automobiles with a value of US$104 million during July, with the majority coming from Thailand, representing an increase of 6.3% from June, according to statistics compiled by the General Department of Vietnam Customs.
As such, the number of imported cars from these major markets accounted for 87% of the total number of automobiles being imported into the nation during June.
The department added that CBU car imports in June reached only 3,552 with a total value of US$97.9 million. In total, the country imported 44,000 CBU cars worth US$1.013 billion during the first seven months of the year, indicating an year-on-year decline of 48.3% in volume and 47.6% in value.
Elsewhere, the import turnover of machinery, equipment, tools, and spare parts in July stood at an estimated US$3.1 billion, a rise of 4.6% from the previous month.
Moreover, the seven-month period witnessed the import value of these commodities suffer a slight drop of 4.2% on-year to US$19.92 billion.