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VietNamNews

Saigon Autotech 2018 set for HCM City

Update: December, 20/2017 - 10:30
Saigon Autotech 2018 attracts the participation of 500 booths from 300 domestic and foreign enterprises. — Photo saigonautotech.vn
Viet Nam News

HÀ NỘI — The 14th Saigon Autotech & Accessories Show 2018 will take place at the Saigon Exhibition and Convention Centre in HCM City from May 24 to 27.

The event will have 500 booths from 300 domestic and foreign enterprises and is set to attract more than 15,000 visitors.

The exhibitors will display automobiles, motorcycles, electric and sport bikes, accessories and spare parts, car maintenance services, new-tech engines and smart parking solutions.

According to the organising committee, the ASEAN Free Trade Agreement coming into effect in 2018 will be a big challenge for the automobile and motorbike industry of Việt Nam when import tax for cars and motorcycle spare parts among ASEAN countries is cut to zero.

This will put supporting industries in Việt Nam under pressure from countries with developed supporting industries such as Thailand and Indonesia.

With the message ‘Accessories for the future’, Saigon Autotech 2018 aims to promote technology and trade exchange to develop a market of spare parts and accessories in the region.

To share the difficulties that small and medium-sized enterprises are facing in investing in production and market development, Saigon Autotech will apply support policies in prices, positions and other incentives to encourage Vietnamese enterprises to participate in the event.

In addition, Saigon Autotech will expand its dealer network in Germany, India, Thailand, Taiwan and China to bring the best products to the show.

The event also includes trade connectivity events to increase efficiency among domestic and foreign partners.

The organising committee has also associated with forums and clubs to hold events related to the supporting industry.

Held since 2006, Saigon Autotech has increased its scale from 5-10 per cent per year in terms of both exhibition area and the number of participating businesses.

The exhibition is organised by Asia Trade Fair and Business Promotion JSC under the sponsorship of Việt Nam Chamber of Commerce and Industry and other ministries and departments. — VNS

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