On display at 500 booths will be alternative drive units, charging accessories, automobiles, motorcycles, electric and sport bikes, accessories and spare parts, and smart parking solutions, among others.
The event is expected to attract over 15,000 visitors.
According to the organiser Asia Trade Fair & Business Promotion, Vietnam’s spare part industry will face fierce competition from Thailand and Indonesia when the ASEAN Free Trade Agreement takes effect in 2018, bringing import-export tax on automobile accessories and parts among ASEAN countries down to 0%
The exhibition is organised to promote the exchange of technology and trade among leading spare part and accessories suppliers in the region.
Preferential treatment will be given to Vietnamese businesses to encourage their engagement in the event.
The organising board has also planned a business matching conference, providing a platform for domestic and overseas producers to seek partners.