Exhibitions help connect Vietnamese, Japanese enterprises
The 10th Vietnam-Japan Supporting Industries Exhibition (SIE) and the 14th Vietnam Manufacturing Expo (VME 2023) kicked off on August 9 in Hanoi, aiming to tighten the trade relationship of the two countries' enterprises in the supporting industry as well as promote the development of the industrial manufacturing sector in Vietnam.
The exhibitions are expected to see the participation of over 200 manufacturers and distributors from 20 countries and territories (Photo: VNA)
Hanoi (VNA) – The 10th Vietnam-Japan SupportingIndustries Exhibition (SIE) and the 14th Vietnam Manufacturing Expo(VME 2023) kicked off on August 9 in Hanoi, aiming to tighten the trade relationship of the two countries' enterprises in the supporting industry as well as promote the development of the industrial manufacturing sector in Vietnam.
The three-day events, which are jointly heldby RX Tradex Vietnam, the Japan External Trade Organisation (JETRO) and the VietnamTrade Promotion Agency (Vietrade) under the Ministry of Industry and Trade, areexpected to see the participation of over 200 manufacturers and distributorsfrom 20 countries and territories.
Manyactivities will be arranged to support businesses and visitors in connectingwith agents, distributors, and business partners within the framework of the events.
Chief representative of JETRO Office in Hanoi TakeoNakajima said that 22 Japanese firms have expressed their desire to buy goods fromlocal manufacturers while 28 Vietnamese manufacturers have displayed theirproducts and introduced their supply capabilities to Japanese businesses.
Deputy Minister of Ministry of Industry and Trade Do Thang Hai and other delegates visit a pavilion at 10th Vietnam-Japan Supporting Industries Exhibition. (Photo:VietnamPlus)
Through these exhibitions, JETRO wishes to contribute to thedevelopment of the supporting industry in Vietnam, and assist Japanesebusinesses in seeking suitable suppliers, he said.
According to Watanabe Shige, Japanese Deputy Ambassador to Vietnam,if the supply of raw materials and accessories is stable, it will increaseflexibility in supply, reduce costs, and improve capacity for supportingindustry in Vietnam, thus, contributing to the development of the domesticmanufacturing industry.
According to him, the Japanese government and♛ businesses have been giving the bestsupport to Vietnam's supporting industry, adding that Japaneseenterprises who are▨ investing in the Southeast Asian nation expect to improvetechnology and enhance quality management for Vietnamese counterparts./.
The 19th International Precision Engineering, Machine Tools and Metalworking Exhibition and Conference opened in Ho Chi Minh City on July 4 to showcase a range of the latest manufacturing machinery, technologies and solutions.
Vietnam has about 2,000 businesses specialising in producing spare parts and components, of which 300 join the multinational supply chain, according to a senior official of the Vietnam Trade Promotion Agency (Vietrade).
More than 10,000 brands will be introduced at the 27th VietFood, Beverage and Professional Packing Machines (VietFood & Beverage – ProPack Vietnam 2023), which will take place in Ho Chi Minh City from August 10-12.
Plastics & Rubber Vietnam 2023, an international plastics & rubber technologies and materials exhibition, kicked off at the International Centre for Exhibition in Hanoi on July 25.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.