Over 460 exhibitors participate in Automechanika Ho Chi Minh City
Automechanika Ho Chi Minh City – a leading regional trade fair for automotive services - kicked off on June 23 in Ho Chi Minh City with the participation of over 460 exhibitors from 20 countries and territories.
Representatives from agencies at the opening ceremony of the Automechanika Ho Chi Minh City. (Photo: VNA)
HCM City (VNA)🐼 – Automechanika Ho Chi Minh City – a leadingregional trade fair for automotive services - kicked off on June 23 in Ho Chi Minh City with the participation of over 460exhibitors from 20 countries and territories.
This year, the annual fifth edition sees a record number of exhibitors whichis 28% higher than that of the previous one. Fiona Chiew, General Manager of Messe Frankfurt (HK) Ltd, said that sinceAutomechanika Ho Chi Minh City was launched, Vietnam has been consideredone of the fastest growing markets in Southeast Asia. Through the process ofurbanisation development, the domestic auto industry is preparing to enter anew era, getting opportunities from the integration of development in electricvehicles, digital technology, manufacturing and automation industries into thesupply chain. Automechanika Ho Chi Minh City has also become a trade promotionplatform, a place to exchange and develop technology and business in Vietnam. Exhibitorscan launch a wide range of the latest products, services, technologies andsolutions, including components, accessories, diagnostic and repair equipment, electricvehicles and automobile manufacturing and automation.
Cars are showed at the trade fair. (Photo: VNA)
Within the framework of the trade fair that runsuntil June 25, there will be a conference on automobile production, digitaltransformation and automation, focusing on the Government's goals to improvedomestic production and raise Vietnam's position in the international arena. It also includes event to connect businesses with digitisationand electrification. Representatives from Vinso Global Limited, IBM,TecAlliance Asia Pacific and VINAI will introduce the blueprint for electricand mobile vehicles of Vietnam, digitalisation of manufacturing, connectivity andself-driving in Asia./.
The Vietnamese Embassy in Italy is showcasing Vietnam’s fruits, vegetables and spices at the 40th Macfrut international trade fair in Rimini city in the Emilia Romagna region from May 3-5, within the framework of the Vietnam-Italy Year 2023 to celebrate the 50th anniversary of bilateral diplomatic ties and the 10th anniversary of strategic partnership.
The Ho Chi Minh City Export Forum and Trade Fair 2023 will take place at the Saigon Exhibition and Convention Centre (SECC) from May 25-28, the municipal Department of Industry and Trade announced at a press conference on May 17.
The ASEAN-Korea Centre (AKC) on May 30 opened an ASEAN Trade Fair in the framework of the Seoul Food 2023 (SF2003) to showcase food and beverage products from ASEAN countries and create opportunities for ASEAN companies to connect and establish business partnerships with partners from the Republic of Korea (RoK).
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.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
Representatives from agencies at the opening ceremony of the Automechanika Ho Chi Minh City. (Photo: VNA) 
Cars are showed at the trade fair. (Photo: VNA) 
