Illustrative image (Source: VNA) Hanoi (VNA) – Exhibition organiser ReedTradex Vietnam and the Japan External Trade Organisation (JETRO) on May 30signed a cooperation agreement to organise the Vietnam-Japan SupportingIndustry Exhibition (SIE 2019) and the Vietnam Manufacturing Expo (VME 2019)from August 14-16 in Hanoi.
Exhibitors from 16 countries and more than 200advanced technology and machinery companies are expected to participate in thetwo events.
Phan Ngan, Project Director at Reed TradexVietnam, said the events will create a venue for component manufacturingcompanies, manufacturers, and assemblers in the supporting industry to exchangeand increase connectivity.
Supporting industry firms need to join hands to formpartnerships, and distribution and business networks to help develop Vietnam intoa manufacturing centre in the Southeast Asian region, Ngan added.
For foreign investors, the expos will create agood chance for them to connect with domestic suppliers and markets and gain abetter understanding of the import-export demands.
The upcoming exhibitions will promote thetransfer of new technologies and expand the business network between domesticand foreign businesses, especially between Vietnamese and Japanese firms, hesaid.
According to Hironobu Kitagawa, Chief Representativeof JETRO in Hanoi, the number of Japanese investment projects in Vietnam stoodat its highest level of 630 in 2018, with total investment of about 8 billionUSD.
A JETRO survey in 2018 indicated that nearly 70percent of Japanese enterprises investing in Vietnam said they have plans toexpand business operations in the Southeast Asian country in the next one ortwo years, he said.
As an organiser, JETRO will bring the latesttechnologies and products to the events, he affirmed.–VNA
VNA
