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Vietnam spends $107m on car imports in Jan
2011-0215
The country's car import in January reached 6,000 units worth $107 million, growing 76.5 percent in output and 95.3 percent in value against the same period of 2009, the state-run newspaper Tuoi Tre reported, citing data of Vietnam's general Statistical Office (GSO).
Some big importers in HCM City said higher car imports increased while the domestic demand remained low were for storage before general Department of Customs promulgates a new tax frame for automobiles in which new and used car imports subject to the customs declaration from January 29 will be levied with new price calculation frame higher few hundreds or thousands of US dollar against the previous one applied from 2010.
Importer euro Auto said the sales of BMW X1 and series 3 cars (priced at 1.2-1.7 billion dong per vehicle) in the last 3 months of 2010 reached more than 150 units.
Some big importers in HCM City said higher car imports increased while the domestic demand remained low were for storage before general Department of Customs promulgates a new tax frame for automobiles in which new and used car imports subject to the customs declaration from January 29 will be levied with new price calculation frame higher few hundreds or thousands of US dollar against the previous one applied from 2010.
Importer euro Auto said the sales of BMW X1 and series 3 cars (priced at 1.2-1.7 billion dong per vehicle) in the last 3 months of 2010 reached more than 150 units.
Source: Vietbiz24
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