Vietnam automotive industry has two strategic parts – automobile and motorcycles. Introduction of tax and regulatory policies that encouraged the rapid growth of a domestic market for passenger cars helps grow automotive manufacturing, as seen elsewhere, most notably in China. In last 5 years automobile market recorded 30% YOY growth in sales. Motorcycles are as strong as ever with 4 million units produced and million units exported just last year (32% increase). Combined with extremely favourable conditions for setting FDIs, Vietnam sees a surge of investors in the automotive market. To keep up with increasing demand, Tier 1/2/3 suppliers will need the newest technologies, machinery, components and innovative materials, to provide the car and motorcycle manufacturers with world-class competitive products. ASEAN Automotive & Motorcycle Parts Manufacturing Summit 2018, taking place on April 17-18 in Ho Chi Minh City, will bring together international machine manufacturers and Vietnamese parts makers in purpose of creating a synergy within local supply chain, which will help Vietnam become next automotive international power! Become a part of the progress, join the summit today!