|
About Vietnam Auto Show 2008 Vietnam Automobile market is expected to get further vigorous as Vietnam joins AFTA and CEPT by late 2007, which will allow more and more new car suppliers to enter the country enjoying a tax exemption by 0 - 5% while forcing Vietnam to raise its excise by 90%. The Vietnamese business have also paid due attention to automobile exhibitions and marketing promotion by offering price reductions and financial supports, benefiting customers. As conditions for overseas improve in Vietnam, the market has been elevated to the top of Business Environment Ranking matrix for the automotive industry in Asia Pacific. The rapid CBU growth anticipated over the next five years, largely due to the governments plan for the industry, shows a willingness to develop the local production industry, while the country's economic and political risk ratings have also improved. There has been a similar improvement in the country's economic and political risk ratings have been improved. There has been a similar improvement in the country's rating for nthe competitive environment, after a reduction in tariffs has made the market more accessible to imported brands, while the country's low rate of vehicle ownership continues to provide plenty opportunity for would be investors. Exhibit Profile Vehicles
Transportation
Oil & Gas Products, Lubricants, Technology of LNG, CNG, LPG
Supporting Industry Motor Parts Motorplus
Orange
Fairs & Events |