Visitors visit the supporting industry exhibitions, which are being held at the International Centre for Exhibition, 91 Tran Hung Dao, Ha Noi. — VNS Photo Doan Tung
Three exhibitions on supporting industry opened at the International Centre for Exhibition in Ha Noi on Wednesday.
These events included the seventh Viet Nam-Japan Supporting Industries Exhibition, Industrial Components and Subtrancting Vietnam 2017 and NEPCON Vietnam 2017, and were held by the Reed Tradex Limited Company and Japan External Trade Organisation (JETRO).
Speaking at the opening ceremony, Deputy Minister of Industry and Trade Tran Quoc Khanh said the increase in local part supply rates in key manufacturing industries such as automobiles, textile and garment, footwear and electronics as well as participation in global supply and production chains are top concerns of Viet Nam.
The Ministry of Industry and Trade (MoIT), with its management role in the supporting industry, has been implementing a programme to support industry development from 2016 to 2025, aiming to help Vietnamese businesses apply advanced management systems that meet the requirements of the global production chain.
Khanh said the exhibitions would provide opportunities for Vietnamese supporting suppliers to learn new market trends in technology. They could also contact with potential partners from Japan and elsewhere to boost the development of the supporting industry in Viet Nam.
The two events, which will last until tomorrow, are being attended by more than 200 leading brands from 20 countries and territories, including Japan, South Korea, China, Singapore and Thailand.
As one of the most high-potential markets in ASEAN, the electronics industry in Ha Noi is developing thanks to strong investment and support from the Government. To become a strong manufacturing base, manufacturers and assemblers will need new technologies and business networks to increase their productivity in this key sector.
According to Chief Representative of JETRO Hironobu Kitagawa, businesses need a deep understanding of the importance of the supporting industry for the whole value chain.
With Japan’s extensive experience, JETRO will be able to assist Vietnamese businesses and co-operate without any hesitation with Viet Nam’s specific requirements, said Kitagawa.
At the exhibition, Japanese exhibitors will look for potential suppliers, while Vietnamese exhibitors hope to have successful exchanges with Japanese suppliers. — VNS