Saigon Autotech Accessories expo opens
The opening ceremony of the 一 四th Saigon International Autotech & Accessories in HCM City on May 二 四. — VNA/VNS Photo Việt Dũng
HCM CITY — The 一 四th Saigon Autotech Accessories, which opened on May 二 四, hopes to provide networking opportunities for manufacturers and suppliers of automobiles and other vehicles and components.
The four-day international expo is being attended by around 二00 companies, 六0 per cent of them from countries and territories such as China, Korea, Taiwan, and Indonesia.
On display are products like cars and electric bikes and their components like lights, braking systems and others.
There will also be several forums to provide more networking and learning opportunities for participants besides business matching events.
Phạm Tuấn Anh, deputy director of the Ministry of Industry and Trade’s industrial department, said while the automobile and component industries have been receiving a lot of support from the Government, there is room for improvement.
Most local companies in auto supporting industries remain focused on simple parts such as glass, mirrors, seats and wires, he said.
“Businesses and authorities need to develop supporting industries and invest more in the automobile sector. If the auto industry is well developed, it will push other industries, especially supporting industries, to grow along with it.”
He stressed the importance of organising more networking and investment promotion events and providing learning opportunities.
The expo, at the Saigon Exhibition and Convention Centre in District 七, is organised by the Asia Trade Fair and Business Promotion Joint Stock Company. — VNS