Automechanika Ho Chi Minh City 2024 Is Expected To Have over 500 Exhibitors Showcasing Their Products And Services Related To The Automotive Industry.

Automechanika Ho Chi Minh City 2024 is expected to have over 500 exhibitors showcasing their products and services related to the automotive industry.

Automotive Maintenance and Beauty/Supplies and Modifications Zone:

The car collision repair training course will be held in this area, focusing on showcasing the latest technologies in high-voltage systems, electric vehicle maintenance, and ADAS fields. This zone also focuses on safety requirements during maintenance, exploring business models to improve garage management efficiency. On site, theories will be explained and relevant tools and machinery will be displayed.

Vietnam has become a center for cultivating scientific and technological talents, attracting a large amount of foreign investment in advanced technology. This focus helps support the government's vision of increasing the contribution of the digital economy to GDP to 30% by 2030, as well as the goal of increasing labor productivity by 7.5% annually. Samsung Vietnam officially launched the 2023-2024 Samsung Innovation Park in October 2023, with the goal of cultivating high-tech skills among young Vietnamese people and promoting the success of Vietnam's 4.0 industrial revolution.

Development prospects of the automotive industry: In recent years, the Vietnamese government has made the automotive manufacturing and industry a top priority in the national development roadmap, helping the local automotive supply chain better integrate into the global supply chain network. It is expected that Vietnam will introduce a large number of high-quality automotive components and technologies to enhance domestic productivity and move towards the goal of becoming an Asian automotive production center in the long run.

Superior market environment: In addition to the ASEAN Free Trade Area (AFTA) and the Regional Comprehensive Economic Partnership (RCEP), the highly anticipated EU Vietnam Free Trade Agreement, EVFTA was also officially signed in 2020. Vietnam has become the first developing country in the Asia Pacific region to sign a free trade agreement with the European Union, paving the way for a highway connecting Vietnam and the EU. Under multiple agreements, Vietnam is expected to smoothly integrate into the global automotive supply chain market.