The organisers of Automechanika Ho Chi Minh City have announced that the show will take place from 20 to 22 August at the Saigon Exhibition and Convention Center (SECC). The fair expects 360 local and overseas exhibitors showcasing the latest products, services and technologies.
Organisers hope the show will amplify the Vietnamese government’s call to localise and expand the country’s automotive manufacturing capabilities, from OE right through to the aftermarket, by nurturing more foreign investment and international cooperation.
International exhibitors at the show are expected to present the latest products, services and technologies to the local market. Organisers hope activities will improve Vietnamese talent in the automotive industry; facilitate business exchange between domestic and overseas players, as well as explore foreign investment opportunities that will inevitably lead to more localisation in the automotive manufacturing development.
Organisers say a recent forecast has predicted Vietnam’s GDP growth can still reach 6.3 per cent in 2020 as trade activities expect to pick up in the second half of the year. In efforts to achieve the 2020 growth target, the Vietnamese government plans incentives to maintain market performance like providing tax breaks and delaying tax payments that reduce pressure on businesses.
“Despite current global challenges, it is encouraging to see an upswing of vehicle sales in Vietnam, with a year-on-year increase of 41 per cent, during the first quarter of 2020,” said Fiona Chiew, Deputy General Manager of Messe Frankfurt (HK). “It reaffirms the market’s strong growth prospects. Over the past three editions, the show has continued to highlight Vietnam’s development opportunities in the auto industry. The upcoming fair will be no exception. I am optimistic the show in August will be as successful as previous years, with the wide backing from many exhibitors, supporters, partners and visitors.
“The safety of our participants is a top priority for us. To ensure good hygiene standards are maintained during the preparation and across the three-day show, our team is working diligently to follow regulations recommended by the local authorities. For example, we will closely monitor fairground sanitation, proactively offer temperature checks, provide hand sanitiser for attendees and more. These measures will ensure Automechanika Ho Chi Minh City remains a safe business platform for all participants.”