Vietnam imports 24,832 CBU automobiles in 2M

Vietnam imported 24,832 completely built-up (CBU) automobiles in the first two months of 2025, a year-on-year increase of 51.9%, according to the Vietnam Customs.

Of the number, 19,202 were under-nine-seat cars, up 38.6% year-on-year, and 2,908 passenger cars, surging 214%.

Car import value from China was estimated at $125 million, down 15.4%; from the Republic of Korea $86 million, up 7.4%; from Thailand $65 million, surging 37.5%; and from Japan $59 million, soaring 79.1%.

Import of automobile spare parts reached $785 million, a year-on-year rise of 30.3%.

Meanwhile, in the two-month periods, members of the Vietnam Automobile Manufacturers Association (VAMA) sold 40,499 vehicles, jumping 31% compared to the same period last year.