Thousands of people are expected at the 28th Viet Nam International Industrial Fair (VIIF 2019) which opened in the capital city on Tuesday.
More than 350 domestic and foreign exhibitors including those from Japan, South Korea, mainland China, Hongkong, Taiwan, Italy and Russia, will be displaying goods.
Organised by the Viet Nam Exhibition Fair Centre (VEFAC), the four-day event offers opportunities for Vietnamese firms to meet with their international partners and exchange ideas.
The 6,000 sq.m fair is showcasing modern equipment and machinery including hydraulics, lifting equipment, laser engraving machines.
At the event’s opening ceremony, Ta Quang Dong, Deputy Minister of Culture, Sports and Tourism said Viet Nam had been deeply integrating into the global economy.
He said the Fourth Industrial Revolution (Industry 4.0) had not only brought opportunities for Viet Nam to foster the country’s industrialisation and modernisation but also has made challenges to its development process.
Dong said Vietnamese enterprises including those operating in the field of industry need to concentrate on expanding their presence in the domestic market in addition to improving their capacities in order to utilise export opportunities in the competitive market.
He described VIIF 2019 as an effective trade and investment promotion activity for domestic and international firms. The event would also help companies update latest technology and seek new business opportunities as well as establish new partnerships.
China-based Dalian YIDE Coating Equipment Co said they were seeking partners to work as sale representative or sales agent for powder and liquid coating lines in Viet Nam.
The company is a manufacturer of customised powder and liquid coating line and also a solution supplier since 2008.
A series of business matching programs are also continually taking place at the fair, which allows domestic and foreign enterprises to meet and establish or deepen business cooperation and push industrial development.
The previous edition lured the participation of more than 300 domestic and international enterprises and attracted about 7,000 visitors. — VNS