11:21:08 AM | 17/6/2008
The International Automobile and Supporting Industries Exhibition and Conference or the Vietnam AutoExpo 2008 opened at the Vietnam Exhibition & Fair Center in Hanoi on June 11.
Local and international car manufacturers, including FAW, Mercedes-Benz, Nissan and Volvo, have gathered up at the four-day event organized by CIS Vietnam Advertising and Exhibition Fair Ltd, the Institute of Industry Policy and Strategy (IPSI) and the Vietnam Society of Automotive Engineers (VSAE).
The Vietnam Auto Expo 2008 is an excellent platform at which to experience this challenging market and an efficient tool for manufacturers wishing to enter the market, reaching potential customers and building up business strategies.
The show featured vehicles for all kinds of car-lovers, from small cars to luxury rides, buses, trucks and special-purpose vehicles, in addition to motorbikes, bicycles and electric bikes.
Rail, water and air transport means were also showcased alongside supporting industries equipment including auto parts for production and assembly, and machinery and equipment at over 200 kiosks.
Also on display were garage, research and insurance services.
In 2007 over 130 exhibitors from Russia, Japan, the Republic of Korea, Germany, France, Iran, Taiwan, Malaysia, Singapore and Thailand participated in the 10,000 sq.m show. Nearly 45,000 people visited the show.
Last year was a successful year for the automobile manufacturers in Vietnam with 80,392 sold on the market, up 97 per cent on-year. Cars and commercial vehicles recorded the biggest growth rates at 128 per cent and 129 per cent respectively.
Vietnam’s economy grew 8.5 per cent in 2007, which partially led to the high growth rate of car sales. (Vietnam & World Economy)
Vietnamese
