Vietnam International Lift Expo 2025Vietnam International Lift Expo 2025 Exhibition Name: Vietnam International Lift Expo 2025 Date: September 24-26, 2025 City and Venue: Ho chi minh, Vietnam Market Introduction: Vietnam covers an area of approximately 330,000 square kilometers, bordered by China to the north, Cambodia and Laos to the west, with a population exceeding 100 million. The country offers low labor costs, political stability, and rapid urbanization. Currently, Vietnam's urbanization rate is 35.21%, with the government aiming to increase the number of urban areas to 940 and the urbanization rate to 45% by 2025. Since joining the World Trade Organization, Vietnam has gradually opened its market, improved its investment environment, and experienced rapid growth in import/export and processing trade industries.
Following the amendment of the "Rental Law," which relaxed restrictions on foreign property purchases, Vietnam’s real estate market has experienced a new surge. The rise in real estate provides numerous business opportunities for related industries. According to relevant departments, Vietnam has around 350 elevator-related companies and over 1,700 individuals and organizations involved in the elevator sector. In 2023, the number of new elevators installed in Vietnam exceeded 35,000, including more than 6,000 complete elevator imports and 1.7 million parts imports. With increasing domestic and foreign investment, Vietnam's real estate market is rapidly recovering, making it a significant market among ASEAN countries.
Organized by SPEX INTERNATIONAL CO., LTD, the VIETNAM INTERNATIONAL LIFT EXPO is a professional elevator exhibition in Vietnam, offering excellent business opportunities for elevator and accessory enterprises. The 2023 expo held in Ho Chi Minh City attracted over a hundred elevator companies from countries such as China, Taiwan, South Korea, and Japan. The event was covered by Vietnam Television and more than twenty local media outlets, achieving great success. The third edition of this expo, set to take place in Hanoi, the capital of Vietnam, in 2024, will provide a favorable platform for global elevator and accessory enterprises to better understand and integrate into the Vietnamese and broader Southeast Asian markets. |
