Held once every two years, the Vietnam Motor Show is the most prestigious specialized exhibition of automobiles in Vietnam; it is organized by the Vietnam Automobile Manufactures’ Association (VAMA) and Asia Trade Fair and Business Promotion (ATFA). The 5th Vietnam Motor Show, taking place from 19 to 23 November 2009, will also be accompanied by many exclusive related events and activities during the five days of the exhibition.
Vietnam Motor Show 2009 is a unique opportunity for trade visitors from all over the world to make good business contacts, exchange information and enjoy the latest advanced technology and products.
 
In 2005 the automobile industry in Vietnam was losing momentum but it recovered in 2006 and posted a good rate of growth compared to that in other South-East Asian countries. Changing lifestyles and rising spending on automobile-related parts in Vietnam has propelled the growth of the automobile industry in the country. Apart from that, Vietnam’s entry to the WTO has made the conditions favourable for foreign manufacturers as the Vietnamese government reduced the import tax on auto component in 2006. Although in past years Vietnam was more of a motorcycle-oriented country, its passenger-car segment witnessed good growth after Vietnam joined the WTO. Rising incomes and a flexible bank loan structure have boosted growth in the passenger-car segment.
Increased disposable income has boosted the purchasing power of the Vietnamese and the availability of flexible car loans is supporting sales of passenger cars, a factor which is also expected to benefit sales through to 2010. Spending on buses, coaches, and taxis increased up since 2006, in line with the high demand for road transportation. In this scenario, cost-effective and low-cost passenger cars may see a healthy future ahead.