Vietnam spends $2.1bn importing 94,000 cars in 2017

• By : PHILLIP NGUYEN
• Jan. 9, 2018, 2:13 p.m.
• import cars

Car imports declined in both volume and value compared to 2016 Vietnam’s completely built-up (CBU) car imports dropped in both volume and value in 2017 compared to a year earlier, as local importers had anticipated a major tax cut that kicked in at the start of 2018. The Southeast Asian country spent US$2.154 billion importing 94,000 CBU units – vehicles manufactured and assembled in ...