Automobile imports decrease sharply in July

The import of complete built unit (CBU) automobiles into Vietnam decreased sharply to 4,000 CBU automobiles in July (worth US$75 million) from last month 7,000 units (worth US$122 million).

The General Statistics Office put the sharp decline down to strict implementation of Circular 20/2011 issued by the Ministry of Industry and Trade in June.

However, in the past seven months of the year, the import of CBU automobiles showed a slight increase of 38,000 CBU (worth US$707 million).  -VOV

Tags: Vietnam automobile imports

Posted by VBN on Jul 27 2011. Filed under Automotive. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry