Việt Nam imported 43,805 cars valued at US$929.4 million in the first four months of 2024. — photo courtesy of qdnd.vn

In April alone, the number of completely built-up cars (CBUs) imported into Việt Nam reached 11,565, equivalent to $255.6 million.

Indonesia, Thailand and China are the largest car suppliers to Việt Nam, with the three supplying 42,154 cars in total, accounting for 96.2 per cent of imports in the four months of 2024.

Domestic auto sales in the first quarter this year plummeted by 17 per cent year-on-year, according to data released by the Vietnam Automobile Manufacturers’ Association (VAMA).

VAMA’s data showed total auto sales in the year to the end of March reached 58,165 units.

Of total sales in March, 19,014 passenger cars, 8,047 commercial vehicles and 228 special-use vehicles found buyers, up by 135 per cent, 131 per cent and 307 per cent, respectively.