Illustrative image (Source: VNA) 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
