Automobile imports pick up

Vietnam imported 26,900 cars in the first five months of 2011, up 45.7 percent in quantity and 65.4 percent in value against the same period last year, said the General Statistics Office.

Automobile imports, including spare parts, reached US$1,339 billion, an increase of 23.7 percent.

Meanwhile, only 30,600 motorbikes, worth US$ 405 million, were imported, down 21.1 percent in quantity and 4.8 percent in value.

In May alone, Vietnam imported 5,500 cars and 3,200 motorbikes worth US$137 million in total. – VOV

Tags: Vietnam automotive, Vietnam automotive industry, Vietnam autos market, Vietnam car imports

Posted by VBN on May 31 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