Vietnam Cycle Expo 2024 to take place in HCM City in September
The Vietnam Cycle Expo – a major international event in Vietnam for bicycles, electric bikes, electric motorcycles, motorcycles and accessories will return in September in Ho Chi Minh City.
Hanoi (VNA) ♛– The Vietnam Cycle Expo – a major international event in Vietnam for bicycles, electric bikes, electric motorcycles, motorcycles and accessories will return in September in Ho Chi Minh City.
The event, co-organised by the VINEXAD company under the Ministry of Industry and Trade (MoIT) and the Vietnam Automobile, Motorcycle and Bicycle Association (VAMOBA), is expected to attract 180 exhibitors from 12 countries and territories across the worlds.
With up to 300 display booths in an area of 2,500 sq.m, the exhibitors will introduce latest products and services relating to bikes, electric bikes, electric vehicles, components and accessories. Besides world famous brandings, the expo also welcomes newly established start-ups.
Visitors to the expo can take part in interactive activities, an adventure cycle show and a bike fashion show.
The expo will take place at the same time and venue with other major exhibitions including the Vietnam Sport Show 2024 and Zhejiang Expo Fair. The series of events featuring more than 500 display booths are expected to attract over 20,000 visitors.
A report by Mordor Intelligence shows that the world bicycle market is estimated to reach 56.16 billion USD in 2024 and 69 billion USD in 2029.
In Vietnam, the trend of using bicycles for exercise and transportation has been increasing sharply in recently.
Data from Statista - a German market research company, shows that revenue from the bicycle segment in Vietnam was estimated at 295.8 million USD in 2023, and is expected to reach 371.8 million USD with 2.49 million bicycles sold in 2027.
Meanwhile, according to the MoIT, electric motorbike sales in Vietnam have increased by about 30-35%, making Vietnam the largest electric motorbike market in Southeast Asia and the second largest in the world, just behind China.
Environmental issues and fluctuations in petrol prices are also factors that affect consumer demand for electric vehicles, which are expected to increase sharply in the near future./.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.