Some 8,000 complete built-up units worth 182 million USD were imported to Vietnam in April, declining 20 percent compared with the same period last year.
Hanoi (VNA) - Some 8,000 complete built-up units♔ worth 182 million USD were imported to Vietnam in April, declining 20 percent🥀 compared with the same period last year.
This information was revealed in an estimation report by the General Statistics Office.
A reduction in the import of vehicles from India, mainly the Hyundai Grand i10, may be the reason for the decrease, notwithstanding the strong growth in imports from Thailand, with pick-up models, such as Ford Ranger, Mazda BT-50 and Toyota Hilux, zooming into Vietnam.
Vietnam's special consumption tax on vehicles with high-engine displacement will officially increase from July 1 and could be the reason for the robust imports from Thailand.
The import of vehicles from China has come to a standstill following Vietnam tightening control on overloaded trucks, which were blamed for damaging roads and threatening the safety of other travellers.
In the first four months of this year, some 28,000 complete built-up units were imported to Vietnam, worth a total of 669 million USD, reducing by 20.4 percent and 23.5 percent, respectively, compared with the same period last year.-VNA
Vietnam spent nearly 500 USD million in the first half of 2014 to import 25,000 completely built units (CBU) cars, an increase of 44.4 percent in volume and 53.9 percent in value year-on-year, according to the General Statistics Office (GSO).
The Finance Ministry on December 3 issued an order amending the vehicle import tariff, in keeping with Vietnam's commitment to the World Trade Organisation (WTO) on tax reduction.
Vietnam spent 133 million USD on importing 5,493 completely built-up (CBU) cars last month, an increase of 86 percent in quantity and 160 percent in value compared in the same month last year, according to the General Statistics Office.
Vietnamese auto businesses imported about 5,000 completely built-up unit (CBU) cars, worth 131 million USD, in February, 1,000 cars less than the previous month, the General Statistic Office (GSO) sai
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Source: vietstock.com.vn
