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This October in HCMC Three Mega Exhibitions keep continue to support Supporting Industry

By Unknown , 2013-06-05 12:00:00

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Reed Tradex together with JETRO Ho Chi Minh Office and The Investment & Trade Promotion Centre of Ho Chi Minh City (ITPC) announce the co-location of “Business Alliance for Supporting Industry in Ho Chi Minh” together with “METALEX Vietnam” and “NEPCON Vietnam” to continue the support for Vietnam’s supporting industry during October 10-12. More than 12,000 visitors are expected during the three days of the show.

Mr. Duangdej Yuaikwamdee, Deputy Managing Director of Reed Tradex said that last year, the Mega exhibitions in 2012 by Reed Tradex – JETRO – ITPC were very successful with total quality visitors turned up 13,789, an increase of 30% from 2011. This year, the Three Mega Exhibitions will continue to support the supporting industries in Vietnam again during October 10-12 in Ho Chi Minh City. These shows are “Business Alliance for Supporting Industry in Ho Chi Minh”, “METALEX Vietnam” and “NEPCON Vietnam.”

Currently, Vietnam is a highly attractive investment destination for international manufacturers in automotive, electronics, and other supporting industries. Japan is the top FDI player in Vietnam and the new Japanese companies to Vietnam are continuing to increase their manufacturing capacity here. To keep up the competitiveness as well as acquiring new clients, Vietnamese manufacturers need to expand their production line as well as continuing to improve their productivity both in terms of quality and quantity. Finding the right partners to conduct business with for reciprocal interest would also help Vietnam’s industries to become strong and profitable in a long run.

The technologies involved in the automotive and industrial parts keep evolving and changing, due to demands from the market place for new items with improved quality and functions.  Thus, the Vietnamese manufacturers need to keep themselves updated on these developments at all times, while also look out for new technologies and skills that they need to adopt to remain competitive. “METALEX Vietnam 2013” will bring many international pavilions and suppliers from many countries including Thailand that would stimulate the production line upgrade as well as encouraging business dialogues between new and existing partners.

For Vietnam electronics industry, now it has grown steadily under the government’s supports and the local manufacturers’ efforts. Accordingly, “NEPCON Vietnam 2013”, Vietnam’s Only Exhibition on SMT & Testing Technologies and Supporting Industries for Electronics Manufacturing, will offer an effective stage for electronics manufacturers to acquire innovative technologies to enhance their production. Moreover, it will be an effective business-generating tool for industrialists and manufacturers in this industry. A quality technology showcase from international brands will be presenting their cutting-edge innovations for industrialists to heighten production efficiency and competitiveness.  

The participants will meet business delegates from many countries, and get great chances to expand their businesses to overseas markets. We believe that these Mega Exhibitions will not only provide answer to their requirements but will also introduce new concepts, new trends, and new ideas, which will be complemented by new technologies and experts who can help them move forward and strengthen Vietnamese  supporting industry in the process.  The 3 exhibitions this October are the effective trading promotion, and they have so far contributed significantly to Vietnam’s industrial sector by enabling them to produce consistent output, find new export locations, liaison with foreign companies in Vietnam, offer matchmaking service for product suppliers and buyers, and many more.

Mr. Hirotaka Yasuzumi, Managing Director of Japan External Trade Organization, Ho Chi Minh Office (JETRO) said that Vietnam is one of the promising countries for Japanese companies. By 2020, Vietnam will become an industrialized country with sufficient supplies of raw materials and basic fuels. Currently, Japanese are the biggest foreign investors in the country in terms of investment size, due to the advantages in low labor cost and a larger market. Japanese companies focus on components (e.g. small motors for the automotive industry’s export) and textiles. Vietnam has lower labor cost, and is suitable for marketing- or sales-based i.e. distribution outlets for Japanese products into Vietnam. Accordingly, JETRO would like to urge Vietnamese SMEs to develop higher competitiveness to prepare for the jobs that will follow Japan’s investment expansion.

Consequently, the Japan External Trade Organization (JETRO) Ho Chi Minh City sees great potential for development of trade, technology transfer and business relationships with Vietnamese manufacturers through “METALEX Vietnam” and the co-located “Business Alliance for Supporting Industry in Ho Chi Minh” which JETRO is a co-organizer along with the Investment & Trade Promotion Centre of Ho Chi Minh City will absolutely benefit Vietnamese manufacturers as they will get to meet the buyers from Japan directly at the shows. 

“Business Alliance for Supporting Industry in Ho Chi Minh” will be co-located with METALEX Vietnam and NEPCON Vietnam. There will be over 100 Japanese companies mainly in automobile, motorcycle and electronics parts manufacturing industries present. This is the chance for local Vietnamese companies to find the right machinery and solutions for their production upgrade from the cool technology from Japan especially mold & die making, electronics part manufacturing. Furthermore, they will be able to source new subcontractors, sell their parts to Japanese buyers and manufacturers as well.

All participants will receive an opportunity to check out the most cost effective technology and machinery that match their requirement, as well as become representative of global brands, and learn new knowledge in seminars & technology presentation. Moreover, the conference and activities available will also help foster closer cooperation among Vietnamese industrialists and foreign investors including investors from Japan.

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