Vietnam International Sporting Goods & Sports Fashion** Expo 2024 will be held from September 26 to 28, 2024 at SECC - Hall A, Saigon Exhibition and Convention Center, Ho Chi Minh City, Vietnam. The exhibition was hosted by the Ministry of Industry and Trade of the Socialist Republic of Vietnam and supported by the Ministry of Sports and Culture of Vietnam.
The advantages of this exhibition lie in the following aspects:
First of all, the Vietnam Sports Expo is a national professional sports and outdoor products exhibition organized by the Ministry of Industry and Trade of Vietnam, supported by the Ministry of Sports and Culture of Vietnam.
Secondly, Vietnam has a population of nearly 100 million, of which 70% are under the age of 35, and these young people love sports, and sports activities such as football, badminton, and running are very popular.
In addition, Vietnam has a total of 2There are 580,000 ** ordinary schools and 179 colleges and universities, but there are relatively few sports brands entering Vietnam, and the market potential is huge, and there is a high space for development.
Economically, Vietnam is in the early stage of rapid development of industrialization, with a GDP growth rate of more than 6% for many years, and more than 8% in 2022, showing the vitality of economic development.
Since the normalization of Sino-Vietnamese relations, the economic and trade cooperation between China and Vietnam has flourished, and the bilateral amount has been rising, and China is one of Vietnam's largest partners. At the same time, Vietnam is also one of the important countries in the "Belt and Road", and the bilateral amount continues to grow.
In addition, in addition to inviting local Vietnamese buyers to participate in the fair, it also attracted buyers from Southeast Asia, South Korea, India, Japan, the United States and Europe, providing a wealth of buyer resources.
More than 100 factories in Vietnam, including shoes, clothing, bags and sporting goods, will also be invited to showcase their products at the exhibition site to meet the transfer needs of the ** chain.
After the exhibition, it will also arrange a visit to the local industrial park for the enterprise, help connect with the resources of the business association, cross-border e-commerce overseas warehouses and service providers, etc., and provide support for the development of the enterprise.
In general, Vietnam, as a populous and young country, has a rapid economic development and huge market potential. Through this exhibition, we hope to provide a platform for sports-related companies to expand their markets and develop their businesses.
Market Analysis: Vietnam is located in the eastern part of the Indochina Peninsula and borders Guangxi and Yunnan in China. The population is large and young, showing a vigorous vitality. After China's accession to the WTO at the end of 2006, the country's market and investment environment have improved significantly, providing more standardized and convenient operating conditions for foreign enterprises. At present, Vietnam is in the rapid development stage in the early stage of industrialization, and in recent years, it has taken a number of measures to adjust its economic structure and continue to promote GDP growth, showing profound economic development potential. As one of the important members of ASEAN, Vietnam is also a country along the "Belt and Road", with a superior geographical location and low cost, which is suitable for domestic enterprises to invest overseas. China is an important export market and import destination for Vietnam, and it is also one of the goals of many Chinese enterprises to "go global".
There is great potential for investment cooperation between the two countries on the basis of equality and mutual benefit. Young people in Vietnam are keen on sports, so the market potential for sports-related products is huge. Although there is currently a lack of sports brands in the local market, there is a huge room for development and development. According to the survey, Vietnamese consumers pay great attention to product quality and prefer products that are durable. Domestic mature brands have advantages in design, production and quality control, and are suitable for entering the Vietnamese market.
Exhibit categories: clothing, raw materials, fabric accessories and textile machinery and equipment, raw materials, functional surface accessories, textile machinery and equipment, etc., shoes and footwear materials, sports and fitness, outdoor sports, water sports, two-wheeled vehicles, bicycles, bicycle parts, bicycle accessories, children's bicycles, etc.