Vietnam motorbike import hits all-time high in Jan

Vietnam motorbikes import hit all-time high at $27.78 million worth of 16,599 units in the first month of this year, surging 106% for quantity and 139.8% for value from 2010

Vietnam motorbikes import hit all-time high at $27.78 million worth of 16,599 units in the first month of this year, surging 106% for quantity and 139.8% for value from 2010, the online newspaper SGGP reported on February 23, citing the Vietnam Customs.

Vietnam mainly imported from Italia (9,857 units), Thailand (4,950 units) and China (1,660).

Vietnam imported $103 million worth of 6,117 complete built unit (CBU) automobiles in January, sharply rising 88% on-year for value and 80% for quantity, citing the Vietnam Customs source. Meanwhile, the imported automobile kit dropped by 14% on month and 6% on year to $165 million.

The surge was attributed to the fact that car and motorbike importers boosted importing car to avoid the recent dong devaluation of 9.3% despite still stable domestic

Tags: Vietnam motorbike imports

Posted by VBN on Feb 24 2011. Filed under Automotive, Import-Export turnover. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry