Vietnam News Network

The latest models from leading car makers are on display at the fifth International Auto-mobile& Supporting Industries Exhibition and Conference (Viet Nam AutoExpo 2009) in Ha Noi.

Auto makers from 40 countries have their new middle and high-end cars on display alongside current models. (Photo: Tran Thuy)

At the expo, more than 100 domestic and foreign carmakers are showcasing products in 500 booths.

During the opening ceremony yesterday, Deputy Minister of Industry and Trade Nguyen Thanh Bien said the exhibition aimed to support businesses, stimulate demand during the economic downturn and facilitate trade exchanges and business co-operation.

The presence of the leading car makers showed the demand, appeal and potential of the Vietnamese market, Bien said.

Viet Nam was a potential market for the industry, said Laurent Genet, a representative of Germany's Audi and also general director of the Asian Auto Co Ltd.

The company planned to sell suitable high-end cars in Viet Nam. It had a showroom in HCM City and planned to open a second in Ha Noi in September, he said.

To remove difficulties and ensure sustainable development for the Vietnamese auto industry, an international conference will be held today as part of the expo.