Vietnam Cycle 2018 to open in Ha Noi

Tuesday, Oct 23, 2018 18:54

Customers check out bicycles at a previous event. — Photo

The 7th Vietnam International Bicycle Exhibition (Vietnam Cycle 2018) will take place in Ha Noi from November 15 to 18.

According to the organiser, Vietnam Cycle 2018 will be more diversified than ever before with more than 100 products from domestic manufacturers as well as models and spare parts imported from Germany, Italy, Malaysia, Thailand, Taiwan and the Republic of Korea.

One of the highlights will be the Thong Nhat bicycle brand, regarded as not only a leading bicycle brand in Viet Nam but also a "link wheel" between the past, present and future.

Visitors will have the opportunity to recall the history of Thong Nhat with nearly 60 years of development and expansion as well as changes to the mechanics sector in the country. Thong Nhat was the first Vietnamese company to export bicycles to the US, Spain and Germany.

Figures from the General Department of Market Surveillance showed that more than three million bicycles are in circulation, of which about 70 per cent are electric bikes.

According to data from the Motorcycle and Bicycle Association (VAMOBA), in 2017, the total number of electric bikes and bicycles sold nationwide reached about 500,000 units, a year-on-year increase of 30 per cent. This marked high growth compared to other means of transportation. Electric bikes and bicycles are used mostly by students and housewives because of their convenience and reasonable prices.

The event is being organised by the Vietnam National Trade Fair & Advertising Company in partnership with VAMOBA. — VNS

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