The Vietnam Motor Show (VMS) 2016 opened on October 5 in Hanoi, showcasing more than 100 car models by 13 domestic automobile makers, including Chevrolet, Ford, Honda and Toyota.

Lexus brings RC Turbo model to VMS 2016

Along with models present in Vietnam for the first time, more than 80 booths at the event also introduced accessories and spare parts from support industry firms, as well as products of insurance enterprises and banks.

Opening the event, Deputy Minister of Industry and Trade Do Thang Hai stated that the Government has designed a number of policies to support Vietnamese automobile manufacturers’ development.

The Government has also set a goal of making automobile manufacturing an important industry that serves the domestic demand and then exports, motivates the growth of other industries and becomes the supplier of accessories and spare parts in the world car-making chain, he said.

Pointing out challenges facing the domestic automobile industry, he said the VMS shows the efforts of firms to boost the development of the auto sector as well as support industries.

The VMS 2016 will run until October 9.

Source: VNA