Vietnam Expo 2019 to gather businesses from 20 countries, territories

Visitors at the Vietnam Expo 2018 (Source: http://vietnamexpo.com.vn)

Hanoi (VNA) – The Vietnam International Trade Fair (Vietnam Expo 2019) is to take place in Hanoi from April 10-13, drawing a large number of exhibitors from 20 countries and territories.

The event will gather top exporters of plastic, rubber, and construction material, as well as businesses in support industries, said Nguyen Khac Luan, General Director of the National Trade Fair & Advertising JSC, the organising firm.

Luan said that many foreign businesses – including those from Algeria, India, Cambodia, Canada, Armenia, Russia, Cuba, Taiwan (China), the Republic of Korea (RoK), Laos, Malaysia, Myanmar, Nepal, Japan, and China – have confirmed their participation.

He said that this year, the exhibition expects over 15,000 visitors.

Notably, a special pavilion will be organised by the Korean Institute of Design Promotion under the RoK’s Ministry of Trade, Industry, and Energy and Vietnam’s Trade Promotion Agency to give enterprises support and advice in product design and development.

Last year, the event saw the participation of 500 enterprises with 550 booths, along with 4,370 visitors.

In addition, an area for investment promotion and industry development in Vietnam (Invest in Vietnam) will be included in Vietnam Expo 2019, providing updates on the country’s investment climate and introducing six industries and investment destinations across Vietnam.

According to the Foreign Investment Agency under the Ministry of Planning and Investment, in 2018, the total foreign direct investment (FDI) poured into Vietnam was 35.46 billion USD, covering 18 sectors but predominantly processing and manufacturing at 46.7 percent.

Real estate was the second most attractive sector, drawing 6.6 billion USD, followed by retail and wholesale which attracted 3.67 billion USD. –VNA 

VNA