Latest News about automobile
Vietnam imported up to 140,000 cars in 2019 worth a total USD3.16 billion, up 84% on-year, with the majority from Indonesia and Thailand.
The move is aimed to help develop the automotive supporting industries, particularly as Vietnam still has to import massive basic materials for domestic car production.
Car dealers at many firms in Vietnam are complaining about slow sales as it approaches the end of 2019.
Vietnam Supporting Industries Forum 2019 held on November 28 in Hanoi.