Illustrative image (Source: VNA)
HCM City (VNA) – The Ho Chi Minh City exhibition centre on support industry began operation in the southern economic hub on May 6.

The debut featured 450 products from 54 companies, such as the VitViet Industry Production and Trading JSC, Minh Phuc Print and Packaging JSC and Thai Duong Rubber JSC.

Exhibited objects will be updated and replaced constantly to keep up with demand from both suppliers and buyers.

The centre will focus its work on building a database of company profiles, connecting supply and demand in terms of technology and finance, and updating the official website of the sector, among others.

According to Pham Thanh Kien, Director of the municipal Department of Industry and Trade, the centre aims to gather enterprises working in the sector and help them promote products and production capacity.

It is a solution by local authorities to stimulate the support industry, he noted.

At the opening ceremony, Hirotaka Yasuzumi, Chief Representative of the Japan External Trade Organisation (JETRO) in HCM City, said Vietnam has a relatively low rate of domestic supply concerning support industry.

The sector, however, grows faster in the south than in the north, he added.-VNA