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Vietnam gathers exhibitors from 21 countries at first automotive fair

Vietnma-feria-automotriz

Vietnam gathers exhibitors from 21 countries at first automotive fair

Hanoi, Jun 29 (Prensa Latina) Exhibitors from 21 countries and regions converge today in the first international fair of the automotive industry in Vietnam, Automechanika, based in Ho Chi Minh City, about 1,600 kilometers south of the capital.
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The exhibition covers an area of 10,000 square meters and includes four foreign pavilions from Malaysia, South Korea, Thailand and Taiwan (China), where a variety of products, services and the latest technologies in the industry are on display.

Vietnam, meanwhile, is represented by the Association of Mechanics (VAMI), the Association of Automobile Transport (VATA) and the Association of Support Industries (VASI).

On the sidelines of the exhibition, VNA news agency said, the program includes activities such as the EMMA Vietnam car tuning contest, car maintenance fairs and seminars, and talks on the latest information around this sector.

According to experts, the Vietnamese auto market aims to recover this year to resume its growth path, following the low sales reported in 2021 as a result of the Covid-19 pandemic.

Last August experienced the lowest level of transactions in the industry’s history, with only 8,884 units sold, almost 3,000 less than in February 2016 when 11,718 cars were traded.

The sales volume of Vietnamese automakers and assemblers in the fourth quarter of 2021, however, maintained steady growth, which specialists attributed to the preferential policies implemented by the government.

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