A booth of Mitsubishi Motors Vietnam at the event. — VNA/VNS Photo Minh Son

The 16th International Exhibition on Automobile, Transportation and Supporting Industries (Vietnam AutoExpo 2019) is taking place in Ha Noi with the participation of nearly 200 exhibitors.

Aside from Vietnamese producers and distributors, the event has attracted businesses from mainland China, Russia, the US, the Netherlands, Japan, Singapore, the Republic of Korea, Thailand, Malaysia, India, Indonesia, and Taiwan.

During the event, visitors to the event can test drive a wide range of vehicles, from passenger cars, trucks, buses and special use vehicles to motorcycles and electric bikes. Automobile and motorcycle components and spare parts are also on display.

In his speech at the expo’s opening ceremony on Wednesday, Deputy Minister of Industry and Trade Do Thang Hai said Viet Nam’s economy has maintained positive growth, with gross domestic product (GDP) up 6.79 per cent year-on-year in the first quarter of this year.

The Government has facilitated supporting industries while co-operation among local and foreign firms has been strengthened. At the same time, enterprises such as Thaco and Hyundai Thanh Cong and VinFast have invested in automobile manufacturing and assembling.

These are positive signals showing there remains room for enterprises to participate in the automobile, motorcycle and supporting industries in the country, Hai said, adding that over the past 15 years, the exhibition has helped speed up the development of these sectors.

The Vietnam AutoExpo 2019 began on Wednesday and will last until Saturday. It expects to attract 35,000 visitors, according its organisers.

As part of the exhibition, which runs until Saturday at the Viet Nam National Convention Centre, business matching events with the participation of more than 100 firms will also take place to promote partnerships. — VNS