Booths of Vietnamese parts producers at Thailand's Manufacturing Expo 2013 in Bangkok. The expo, which ran from June 20-23, provided a chance for Vietnamese companies to update their technology and access advanced production methods. — VNS Photo

BANGKOK (Biz Hub)— Viet Nam's support industry enterprises need to improve their management and technical innovation to be more competitive in the world market.

There remained a large gap in production capacity and technology between Vietnamese parts producers and those from regional countries, says Ha Noi Department of Industry and Trade deputy director Dao Thu Vinh.

Few local firms had won contracts to supply their products to foreign-invested enterprises in Viet Nam while those that did only supplied the most basic parts, she said.

Ha Noi Trade Promotion Centre director Nguyen Thi Mai Anh said the priority was to help firms become parts suppliers to foreign companies and then participate in the global production chain.

The city planned to establish a data system of local parts firms and then introduce them to foreign companies.

Training courses and financial assistance to join domestic and overseas exhibitions would be included, she said.

Already, 15 Ha Noi support industry companies had received help to show their products at Thailand's Manufacturing Expo 2013 in Bangkok from June 20-23.

Reed Tradex Co managing director Chainarong Limpkittisin, the event's organiser, said there were four main areas at the expo: plastics and rubber manufacturing, mold and die manufacturing, auto parts manufacturing and industrial automation and assembly technologies.

Two other events, Nepcon Thailand 2013 – showcasing new technology for electronics parts – and Furnitech 2013 – offering exhibitors and networking opportunities for furniture manufactures – were held at the same time, Chainarong Limpkittisin said.

Vietnamese companies displayed support industry products, including auto and electronic parts, at the Viet Nam Pavilion.

These events provided a chance for Vietnamese parts producers to update their technologies and access advanced production methods to sharpen their competitiveness.

Domestic businesses could introduce their products to foreign clients and foreign buyers could discover reliable parts producers, Vinh said. — VNS