Support industries have played a key role in the industrialisation and modernisation of Vietnam, a developing country.
DoThang Hai, Deputy Minister of Industry and Trade, made this declarationon August 27 at the opening ceremony for three support industryexhibitions in the capital city. The exhibitions will end on August 29.
Haisaid support industries would effectively contribute to the nation'slong-term economic growth by helping improve the competitiveness ofindustrial products, promoting the transfer of technology, attractingmore foreign investment and increasing the country's volume of exports.
Duangdej Yuaikw-armdee,Deputy Managing Director of Thailand's Reed Tradex Company, agreed,saying the importance of support industries have significantlyincreased, thereby making them an indispensable sector of the economy.
Yuaikwarmdeeadded that since Vietnam's support industries were still in their earlystage of development, they would require certain elements needed for apromising future such as the right machinery and technology, updatedknowledge on the latest industry trends and know-how, essentialinfrastructure and human resource development, and extensive networks ofindustrialists.
According to Yuaikw-armdee, the Reed Tradex'sVietnam Manufacturing Expo 2014 aims to help parts manufacturers findthe technology they need by providing more opportunities to meet qualitysuppliers, expand markets, widen networks and enhance knowledge. Morethan 200 brands from 20 countries and territories including Japan,Thailand, Taiwan and Singapore are taking part in the exhibition.
Theother exhibitions are the, Electronics Assembly 2014, which Reed Tradexalso organised, and Industrial Components & Subcontracting Vietnam2014, which the Hanoi Trade Promotion Centre organised and hosted. Theexhibitions have so far attracted 40 Vietnamese parts manufacturers.
NguyenDuc Ngoc, Oversea Business Director of Prodetech Joint Stock Company inHanoi, told Vietnam News that the exhibitions were the only of theirkind in the capital and served as a good opportunity for his company toadvertise products to domestic and foreign buyers and update advancedmanufacturing technology which could be used for his company'sdevelopment.
Ngoc called for more assistance from the State andconcerned sectors and organisations in boosting the productioncapacities and improving the quality of products of local partsmanufacturers.-VNA
DoThang Hai, Deputy Minister of Industry and Trade, made this declarationon August 27 at the opening ceremony for three support industryexhibitions in the capital city. The exhibitions will end on August 29.
Haisaid support industries would effectively contribute to the nation'slong-term economic growth by helping improve the competitiveness ofindustrial products, promoting the transfer of technology, attractingmore foreign investment and increasing the country's volume of exports.
Duangdej Yuaikw-armdee,Deputy Managing Director of Thailand's Reed Tradex Company, agreed,saying the importance of support industries have significantlyincreased, thereby making them an indispensable sector of the economy.
Yuaikwarmdeeadded that since Vietnam's support industries were still in their earlystage of development, they would require certain elements needed for apromising future such as the right machinery and technology, updatedknowledge on the latest industry trends and know-how, essentialinfrastructure and human resource development, and extensive networks ofindustrialists.
According to Yuaikw-armdee, the Reed Tradex'sVietnam Manufacturing Expo 2014 aims to help parts manufacturers findthe technology they need by providing more opportunities to meet qualitysuppliers, expand markets, widen networks and enhance knowledge. Morethan 200 brands from 20 countries and territories including Japan,Thailand, Taiwan and Singapore are taking part in the exhibition.
Theother exhibitions are the, Electronics Assembly 2014, which Reed Tradexalso organised, and Industrial Components & Subcontracting Vietnam2014, which the Hanoi Trade Promotion Centre organised and hosted. Theexhibitions have so far attracted 40 Vietnamese parts manufacturers.
NguyenDuc Ngoc, Oversea Business Director of Prodetech Joint Stock Company inHanoi, told Vietnam News that the exhibitions were the only of theirkind in the capital and served as a good opportunity for his company toadvertise products to domestic and foreign buyers and update advancedmanufacturing technology which could be used for his company'sdevelopment.
Ngoc called for more assistance from the State andconcerned sectors and organisations in boosting the productioncapacities and improving the quality of products of local partsmanufacturers.-VNA
