Vietnam’s spending on importing cars rises dramatically

July 31, 2015 | 14:51

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Vietnam spent a total of US$3.4 billion importing cars and spare parts within the first seven months of the year, marking a considerable increase against the same period last year.

According to the latest report from the General Statistics Office of Vietnam, the increase reaches over 154 percent for importing cars.

The number of Chinese-made trucks imported into Vietnam via the border gate in the northern province of Lang Son rose four times in the first quarter this year against the same period last year.

Vietnam also spent $13.1 billion importing computers, parts and electronics appliances; and $4.7 billion buying iron and steel from other countries.

In the meantime, Vietnam has faced difficulties in exporting goods.

The total turnover of Vietnamese aquatic product shipments fell to only $3.6 billion, or a 15 percent drop.

The export of Vietnamese rice fell nearly nine percent in value.

The report also noted that Vietnam had 4,500 families with 19,800 people suffering from malnutrition in July.

In the first seven months of this year, the Southeast Asian country had 776,000 people facing malnutrition, down 35 percent against the same period last year.

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