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International expo on support industries underway

The 2nd The Vietnam International Expo on Support Industries and Processing -Manufacturing (VIMEXPO 2021) officially kicked off in Hanoi on December 15, 2021.
International expo on support industries underway ảnh 1At the opening ceremony (Photo: )
Hanoi (VNA) - The 2nd The Vietnam International Expo on Support Industries and Processing -Manufacturing (VIMEXPO 2021) officially kicked off in Hanoi onDecember 15, 2021.

The three-day event comprises 200 booths from more than 170enterprises on a display area of 5,000sq.m.

Famous brands representing the automotive industry, equipment, and spare partsare on display at the expo.

Hosted by the Industry Agency under theMinistry of Industry and Trade, VIMEXPO 2021 is the only international expo of this kind held under the Support Industry DevelopmentProgramme approved by the Prime Minister.

It offers a chance for businesses to introduce their products, technologiesand investment opportunities; share experience and set up partnerships.

In his opening speech, Deputy Minister of Industry and TradeNguyen Sinh Nhat Tan highlighted the significance of the event, saying that it servesas a bridge to promote links between Vietnamese and foreign businesses.

The expo shows the Government’s attention and support and the effortof the Ministry of Industry and Trade for the development of supportingindustries and manufacturing and processing industries in Vietnam, he said.

VIMEXPO 2021creates opportunities to form and develop domestic value chains by attractingeffective investment and promoting business connection between Vietnameseenterprises and multinational companies, he said.

The Government issued a resolution onmeasures to promote the development of support industries, which sets a targetof Vietnam producing highly-competitive support products that meet45 percent of domestic production and consumption demand by 2025 and 70 percentby 2030./.
VNA

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