The 16th International Exhibition on Automobile, Transportation and Supporting Industries (Vietnam AutoExpo 2019) will be held at the Vietnam National Convention Centre in Hà Nội from June 12 to 15.
The prices of imported automobiles in the Vietnamese market may not reduce as much as expected after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect on Monday, according to the Ministry of Industry and Trade.
Việt Nam’s motorcycle market has been rapidly growing in recent years, bucking expectations that it would enter a saturation stage, as consumption shifts from semi-automatic motorbikes to scooters and from widely popular scooters to luxury vehicles.
A total of 23,065 automobiles were sold in the domestic market in May, up 9 per cent against the previous month, the Vietnam Automobile Manufacturers’ Association (VAMA) said.
Russian automotive manufacturer Gorkovsky Avtomobilny Zavod (GAZ) will establish a joint venture to distribute its products in the Vietnamese market after it received good feedback at the Vietnam AutoExpo 2018 held in Hà Nội from June 6-9.
The Vietnamese economy is witnessing a good growth momentum, marking a positive signal for the development of the automobile market, said deputy minister of Industry and Trade Đỗ Thắng Hải.
The 15th International Exhibition on Automobile, Transportation and Supporting Industries (Vietnam AutoExpo 2018) will be held at the Vietnam National Convention Centre in Hà Nội from June 6-9.