Visitors at the 2019 Rubber and Tyre. (Photo: tapchicongthuong.vn) Returning after a gap of three years due to the COVID-19 pandemic, the exposhave attracted 150 companies from 17 countries and territories, includingBelgium, Germany, the US, Japan, China, India, the Republic of Korea, Malaysia,Singapore, Taiwan, and Vietnam, Nguyen Ba Vinh, director of the Minh ViExhibition and Advertisement Services Co Ltd (VEAS), the expos’ organiser,said.
India is the country of honour this year, with nearly 50 of its companiestaking part.
In addition to showcasing a wide range of machinery and equipment and products,the expos will also feature several seminars, B2B matching and VIP buyerprogrammes to help exhibitors and visitors learn about the latest trends andmarket demands, and identify customers, and make appointments and meet withpotential partners, he said.
There would also be a ‘visit tour’ to enable foreign businesses to visitfactories and hi-tech parks, he added.
Speaking at a press briefing on July 16 to introduce the four expos, Nguyen ThiLac Huyen, chairwoman of the Vietnam Paint and Printing Ink Association, saidthe coating and printing ink industry had been growing at 10% annually beforethe pandemic, with output topping 2 billion USD.
“But for the first time the industry recorded negative growth last year, withoutput plunging sharply, due to the pandemic. The whole industry is trying torecover this year but faces difficulties like supply chain disruption, higherprices of raw materials and a decline in demand.”
The Coatings Expo Vietnam would help firms to find partners to avoid the supplydisruptions of last year, she said.
Vo Hoang An, deputy chairman of the Vietnam Rubber Association, said Vietnam’s exportsof processed rubber products had increased significantly to reach 3.7 billion USDlast year.
This year the figure topped 2.2 billion USD in the first half, up 12.9% fromthe same period in 2021, with tyre exports exceeding 1.1 billion USD, up 28.9%year-on-year, he said.
The association and businesses had stepped up trade promotion to furtherdiversify their export markets and increase value of the rubber industry, hesaid.
"Trade fairs and exhibitions are an effective way for firms to introducetheir new products and brands and technologies to local and internationalcustomers," he added.
The exhibitions will be held at the Saigon Exhibition and Convention Centre andare expected to welcome 8,000 trade visitors./.
VNA
