Vietnam's biggest auto show canceled due to COVID-19
| Vietnam automobile sales surged 62% in May after social distancing | |
| Mitsubishi plans to develop second automobile factory in Binh Dinh province | |
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| 2020 Vietnam Motor Show was initially scheduled for October 29-November 1. Photo: autotrend |
The 2020 Vietnam Motor Show (VMS), the nation's biggest auto show initially scheduled for October 29-November 1, has been cancelled given the complex developments of the COVID-19 pandemic.
At least 15 automakers, including Audi, Ford, Jaguar, Honda, Land Rover, Lexus, Mercedes-Benz, had registered to participate in the show.
The annual event will return in 2021 at the Saigon Exhibition and Convention Center in Ho Chi Minh City, organisers said.
The Vietnam Automobile Manufacturers’ Association and the Vehicles Importers Vietnam Association will continue to choose the Asia Trade Fair and Business Promotion JSC (ATFA) – Vinalink alliance as a co-organiser of the event.
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| 2019 Vietnam Motor Show featured 100 models. Photo: Ngaynay (Today) |
The 2019 Vietnam Motor Show which took place in Ho Chi Minh City last October featured 100 models from Audi, Ford, Honda, Jaguar, Land Rover, Lexus, Mercedez-Benz, Mitsubishi, Nissan, Subaru, Suzuki, Toyota, VinFast, Volkswagen, and Volvo. It also had 200 booths set up by supporting industry brands.
Statistics show Vietnam spent over USD 2.9 billion on importing completely-built automobiles and components for assembly in the first seven months of this year, representing a year-on-year decrease of 32.6 percent.
Automobile import fell over 32%
The country imported nearly 44,300 completely-built automobiles worth over USD 1 billion, down 48.3 percent in volume and 47.6 percent in value, the Ministry of Industry and Trade said on August 5.
Vietnam spent over 2.9 billion U.S. dollars on importing completely-built automobiles and components for assembly in the first seven months of this year, posting a year-on-year decrease of 32.6 percent.
Specifically, the country imported nearly 44,300 completely-built automobiles worth over 1 billion U.S. dollars, down 48.3 percent in volume and 47.6 percent in value, according to the country's Ministry of Industry and Trade on Wednesday.
In 2019, Vietnam spent over 7.4 billion U.S. dollars importing completely-built automobiles and components for assembly. Specifically, the country imported roughly 141,700 completely-built automobiles worth more than 3.2 billion U.S. dollars.
| Vietnam on August 6 morning reported four people infected with the coronavirus, including one in Hanoi and three in the central province of Quang Nam, according to the National Steering Committee on COVID-19 Prevention and Control. With the latest update, Vietnam’s tally now stands at 717, including 309 imported cases that were quarantined upon arrival, and 268 connected to the Da Nang outbreak as from July 25. As many as 381 patients have recovered so far and eight died. Among the remaining active patients, 22 have tested negative for the coronavirus once and 11 others at least twice. A total of 170,457 people who had close contact with COVID-19 patients or came from pandemic-hit areas are being quarantined nationwide, including 6,717 at hospitals, 23,356 at State-designated quarantine facilities and 140,384 at home./. |
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