Vietnam Motor Show to Ignite Auto Sales

12:07:00 AM | 8/20/2008

Twelve leading auto makers in Vietnam will display their flagship vehicles at the Vietnam Motor Show 2008, the country’s largest car show, which will open in Hanoi from August 21 to 25, organizers said recently.
 
The five day event, with the theme Realizing Your Dreams, is expected to attract 120,000 visitors, the Vietnam Automobile Manufacturers’ Association (VAMA) and AFTA Co, organizers of the event said.
 
“The theme of the event means that nowadays, it is easier for the Vietnamese to buy their own cars,” said VAMA’s chairman Udo Franz Loersch.
 
“Meanwhile, with the dynamic growth of the Vietnamese market, we want to entice foreign parts makers to invest more into Vietnam’s supporting industries,” he added.
 
Loersch said he hoped the Government would generate more stable and long-term policies for VAMA to expand its production.
 
The event, which will display the vehicles over 12,000sq.m, will not only create more business opportunities for auto makers and spare parts suppliers, but also celebrates the latest and most advanced auto products in Vietnam.
 
According to VAMA, visitors will enjoy hundreds of car models, many of which are concept cars such as the Ford B, Toyota FTHS, Isuzu multi-utility MU7 and GM Daewoo L4X.
 
Leading auto makers will also display their flagship cars such as Mercedes Benz with its renowned two-door sports car SLK350, and Suzuki with its Swift 1600 race car.
 
A seminar entitled Preparation for Car Motorization in Vietnam will also take place with the participation of representatives from Government organizations and relevant associations and enterprises.
 
According to VAMA, which represents the country’s 17 leading auto makers including the 12 firms participating in the show, 17 car makers in Vietnam last month sold a total of 8,458 units, a 31 per cent rise over the same period last year. (Local sources)