The 3rd Automechanika Ho Chi Minh City will be returning this year with the addition of “Truck Competence”.
Automechanika Ho Chi Minh to Return!
Automechanika Ho Chi Minh City is adding ‘Truck Competence’ to its growing list of exhibitor portfolios at the upcoming 2019 show, allowing visitors to quickly identify exhibitors who specialise in this market. Heavily endorsed by participants, the move represents the need and expansion of the ever-growing commercial vehicle sector in Vietnam. The category would sit alongside the already established Tyre and Motorcycle Competences.
Automechanika Ho Chi Minh City 2019, which is returning for its third consecutive year, runs from 28th February to 2nd March. It expects to host 380 international exhibitors across the automotive service industry in the Saigon Exhibition and Convention Centre. The fair would cover above 10,200sq-m of exhibition space.
Vietnam is one of the most dynamic countries in Southeast Asia, both for its automotive industry and the domestic economy in general. Its economy is experiencing continued growth and GDP is forecast to rise by 6.6 per cent in 2019, according to ‘Vietnam Economic Outlook’, Focus Economics. Another contributing element is the favourable policies recently implemented by the government, which created more opportunities for international companies to enter the Vietnamese automotive market. Companies are capitalising on local industry incentives to manufacture and supply vehicles in Vietnam.
For these reasons, several opportunities have risen for the wider automotive sphere to tap into the region’s prosperity. For instance, reports from Vietnam’s commercial vehicle sector suggest this area of the industry is developing at a steady rate. The country has also attracted foreign investment from several overseas companies, one of which is the Russian commercial vehicle manufacturer Gaz, based on ‘Vietnam a key market for Gaz autos’, Vietnam Economic Times. The company has targeted Vietnam due to its developing manufacturing and suppliers market, and aims to start localising production in a new joint venture with a Vietnamese firm.
In light of this, organisers of Automechanika Ho Chi Minh City anticipate that above 60 per cent of the coming show exhibitors would showcase their commercial vehicle related products under the new Truck Competence.
One such exhibitor is AFI Brake, a Malaysian company that specialises in brake pads for passenger and commercial vehicles. Managing Director Chong Tze Liang says: “The demand for commercial vehicles and advanced logistic operations is increasing in Vietnam, as is the demand for cross-country travel. Automechanika Ho Chi Minh City allows manufacturers to invest in appropriate products for commercial vehicles, such as ours, which meet international standards of safety and reliability.”
Meanwhile, Lars Verswyvel, Managing Director of the show’s local strategic partner, IST Vietnam, Karuna Canopies’s supplier, says: “We are looking to increase our local sales and develop products specifically targeting the local commercial vehicle market. The fair provides the best opportunity for us to be in the same room as people who understand current market needs. Highlighting this sector with Truck Competence would not only help local buyers quickly identify our products, but would encourage more meaningful business exchanges.”
The show’s fringe programme events are also tailored to complement Truck Competence and shed light on the commercial vehicle market in Vietnam. This includes the Fleet Management Conference, which is geared towards fleet managers, operators, logistics owners, public transportation, vehicle manufacturers and leasing and rental companies. The event would cover the use of big data for this industry to save the costs as well as increase workflow efficiencies by monitoring vehicles and tyres in real time.
For more information about Automechanika Ho Chi Minh City 2019 and the exhibitor product categories.
Automechanika Ho Chi Minh City is co-organised by Messe Frankfurt New Era Business Media Ltd, Chan Chao International Co Ltd and Yorkers Exhibition Service Vietnam. It is one of the 17 Automechanika fairs held in Africa, Asia, Europe and North, Central and South America.