Billions of dollars worth of car parts exported but not from Vietnamese manufacturersVietNamNet Bridge - Vietnam spends billions of dollars to import car parts each year for domestic assembling, but it also exports billions of dollars worth of vehicle parts. Vietnam needs to import car parts for domestic assemblingToyota Vietnam reported that it exported $34 million worth of car parts in the first half of the year, an increase of 13 percent compared with the same period last year. In 2017, the manufacturer from Japan earned $64 million from car part exports, an increase of 5 percent over 2016. This was record high export turnover gained since its export center opened in 2004. They set up factories in Vietnam and turned Vietnam into a production base from which car parts are brought to the world.
