More than 560 sales contracts were signed during the five-day Vietnam Motor Show 2014 (VMS) in Ho Chi Minh City last week, double the number of the 2013 show, according to the event's organising board.

The figure, a record in comparison with that of the previous years, is seen as a good sign of the recovery being made by the domestic automobile industry.

Most of the contracts fell into the hands of the producers and distributors of luxury and high-value models, such as the Mercedes S500 Coupe, Audi A3 Sportback and Audi A7 Sportback, besides the Lexus GX460, BMW 428i Gran Coupe and MINI Cabriolet Cooper.

Companies that assemble the models locally and the official distributors of 18 brands of vehicles participated in the show, the country's biggest automobile event, which also attracted nearly 162,000 visitors.

The exhibition showcased the latest auto models, spare parts and accessories and interior materials, as well as insurance, finance and banking in hundreds of pavilions, providing a whole range of experiences to car owners in Vietnam.-VNA