At the halfway mark, Vietnam’s automotive industry is on track to achieve 25% compound annual growth (between 2020 and 2025). The rise is owed to the domestic economy bolstering demand and supportive tax incentives on production, import tariffs for vehicles, and investment on infrastructure. To support this upward trajectory, Automechanika Ho Chi Minh City is set to return with over 450 exhibitors, surpassing previous figures at what will be the celebratory fifth edition. From 23 to 25 June 2023 at the Saigon Exhibition and Convention Center (SECC), the show will house the latest products, services and technologies, as well as feature an impressive line-up of events for a one-of-a-kind industry gathering.
On 13 June 2023, the organisers of Automechanika Ho Chi Minh City held a preliminary event to kick start the fifth edition. To highlight the trade fair’s unique position, Fiona Chiew, General Manager of Messe Frankfurt (HK) Ltd, explained: “Our three-prong approach for integrating business, workshops and entertainment is very specific to the needs of the Vietnamese market. For example, umbrella themes across the exhibition will spotlight areas of the industry with high growth potential. In addition, we believe that adding a number of highly interactive events, for service providers, car owners and enthusiasts, can also draw greater attention to opportunities in customisation and talent in the aftermarket.”
The special edition is set to break records with more than 450 exhibitors from 21 countries and regions descending on the city. As one of the most resourceful and international automotive events in Vietnam, players are expected to travel in from around the country in hopes of communicating with domestic conglomerates, as well as companies from countries and regions like Australia, China, Egypt, France, Germany, India, Indonesia, Japan, Korea, Lithuania, Malaysia, Singapore, Taiwan, Thailand, Türkiye, the UK, the USA and more.
Exhibitors will continue to offer the latest products, solutions and know-how for the passenger, commercial vehicle and motorcycle sectors, as well as automotive manufacturing and automation. Accordingly, they will cover auto parts, accessories and customising, alternative drive systems and fuels, electronics and connectivity, tyres and wheels, diagnostics and repair, car wash and care, IoT and logistics.
Therefore, from its scope and worldwide presence, the exhibition supports the Government’s targets for proliferating Vietnam’s influence in the global supply chain. Plans include increasing the procurement of domestically-made parts to 40 % amongst local carmakers (driving down the cost of Vietnamese vehicles to make ownership more accessible), export activities, and investment from overseas manufacturers. From these efforts, the broader aim is to become a leading regional automotive manufacturing base boasting more than 1,000 parts suppliers, drumming up production to one million units and raising sales to 900,000 vehicles per year.