More than 150 auto models of 16 brands are on display at the second Vietnam International Motor Show (VIMS 2016) that opened in Ho Chi Minh City on October 26.
Ho Chi Minh City (VNA) –♛ More than 150 auto models of 16 brands are on display at the second Vietnam International Motor Show (VIMS 2016) that opened in Ho Chi Minh City on October 26.
These brands range from luxuries like Bentley, Lamborghini and BMW to affordable ones such as Nissan, Suzuki and Ud Trucks.
The presence of Ulyanovsky Avtomobilny Zavod (UAZ) – a Russia’s familiar brand with outstanding features and new functions – is expected to impress car lovers and mark the return of UAZ to the Vietnamese market.
Lasting through October 30, the event also features hundreds of pavilions showcasing car components, spare parts and accessories as well as relevant financial and banking services.
General Director of the official Audi importer in Vietnam Laurent Genet said the scale of this year exhibition is much more impressive than the previous one, adding that only approximately 50 car models from nine brands were displayed last year.
In 2015, Vietnam’s automobile market set a record with 245,000 units sold, according to the Vietnam Automobile Manufacturer's Association (VAMA).
In the first half of 2016, nearly 126,800 cars were sold on the Vietnamese market, a 31 percent year-on-year increase.
VAMA expects that automobile sales for 2016 will reach 260,000 units, a year-on-year rise of 10 percent.-VNA
The 2015 Vietnam International Motor Show (VIMS), the largest-ever event of its kind, kicked off in Hanoi on October 9, displaying a variety of latest models.
A number of authorised auto importers and distributors in Vietnam have confirmed they’ll attend the 2016 Vietnam International Motor Show (VIMS) scheduled for October 26-30 next year.
The biggest ever motor show in Vietnam is scheduled to take place in Ho Chi Minh City from October 26 – 30 with the presence of 19 renowned car brands.
More than 150 car models of 18 renowned brands will be put on show at the second Vietnam International Motor Show (VIMS 2016) in Ho Chi Minh City from October 26-30.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Illustrative image (Source: VNA)
