According to the Vietnam Automobile Manufacturers’ Association (VAMA), the automobile market in Vietnam might reach a growth rate of 10% this year with sales volume of nearly 200,000 units.
Right in the first four months of the year, a total of 66,885 vehicles were sold, an increase of 62% against the same period last year.
The Expo will contribute to supporting businesses, stimulating market, opening up huge opportunities, strengthening trade links and seeking potential partners and clients.
On display at the event are passenger sedans, trucks, buses, motorcycles, bicycles, specialised vehicles. Exhibits will also include supporting industries like material and equipment used automobile, motorcycle and bicycle production; parts, equipment, toys and decors and other fields like garage, repairing, maintenance, banking and insurance services, consultancies on production, business and consumption.
The event will attract well-known and new brand names such as Subaru, Shacman, Faw, Tata Deawoo, Huyndai, Junjin, VEAM, Dong Phong , Vu Linh, Tan Phat, Caska, Viet Phat, Elig, Truong Sa, Itsuwa, Okatsune, and Nissei Eco.
It will also attract famous bicycle brand names including Beforeall, Format, Bridgestone, Yamaha, Giant, and Honda. Businesses from Japan, Thailand, the Republic of Korea, India, Taiwan (China), Singapore and Malaysia will showcase their products at their pavilions during the Expo.