Vietnam spends $11.6bn importing 528,000 cars over seven years
The country averaged 75,000 monthly car imports
The country averaged 75,000 monthly car imports
Even though it is cheaper to sell imported units, carmakers have had to increase their local assembling activities
Supply of imported cars falling short is a great chance for locally made products to reach buyers
Consumers are being hit hard as prices for existing stock soar against short supply
A government requiring stringent checks on imported vehicles is to blame