In the first quarter, completely built-up cars flooded into Vietnam.

More than 10,000 complete cars were imported into Vietnam last March, helping the total number of imported cars in the first quarter of 2015 reach more than 25,000, more than double the same period last year and setting a new record.

According to data from the General Department of Customs on April 15, last March, Vietnam imported 10,081 complete cars of all kinds, with a turnover of 270 million USD, an increase of 130% in quantity and 200% in value compared to the same period in 2014.

Kia Rio, one of the imported car models attracting customers recently

In the first quarter of 2015, a total of 25,169 cars of all kinds were imported, with a total turnover of 590 million USD, an increase of 136% in quantity and 180% in value compared to the first quarter of 2014. Of these, 11,000 were cars with 9 seats or less, with a turnover of 116 million USD; trucks accounted for 8,500, with a turnover of 215 million USD.

In terms of import origin, the number of imported cars to Vietnam last month had a big change when India could no longer maintain the number 1 position but dropped to 4th place with only 590 cars (value of 7 million USD), allowing Thailand to take the lead with 2,691 cars (value of 48 million USD); followed by South Korea with 2,670 cars (value of 61 million USD), China with 2,545 cars (value of 100 million USD).

Imported car volume in March and the first 3 months of 2015. Source: TCHQ

However, in the three months, India still had the third largest quantity with 4,953 units (value of 32 million USD); South Korea was in the leading position with 6,053 units (value of 127 million USD), closely followed by China with 5,463 units but value of 215 million USD. Thailand was in the fourth position with 4,761 units (80 million USD); Japan had 1,556 units (62 million USD); Germany had 423 units (14 million USD).

Import volume and turnover in the first quarter of 2015 of the 5 largest markets

Import data from the Customs Department also shows that the number of imported cars in India last month decreased sharply due to a decrease in the number of imported cars, the Hyundai Grand i10; the number of imported cars in Thailand increased due to a sharp increase in the import of pickup trucks, notably the best-selling car in the market, the Ranger...

According to VnMedia