NEPCON VIETNAM 2019: Connecting Vietnamese SMEs to Global Electronics Value Chain

9:46:34 AM | 19/9/2019

The 12th Vietnam’s Only Exhibition on SMT, Testing Technologies, Equipment and Supporting Industries for Electronics Manufacturing (NEPCON Vietnam 2019), taking place in Hanoi during September 9-11, successfully gathered over 200 brands from more than 20 countries with seven international pavilions and attracted 7,986 visitors.

The event, organized by Reed Tradex – the leading exhibiton organizer and Vietnam Industry Agency (VIA), Ministry of Industry and Trade (MOIT), Vietnam Electronic Industries Association (VEIA) andProject LinkSMEs (USAID), offered many conference, forum and activities for Vietnam business, especially Small and Medium sized enterprises to connect and share information, update knowledge about the opportunities for joining global supply chains.

The visitors were offered chances to see advanced electronic technologies in the region and around the world and had the opportunity to build effective connections via "Business match-making” services and support by Reed Tradex. In addition, during the exhibition, the "IPC Hand Soldering Competition 2019" was held with the aim to find out who has the best skills and encourage industry leader to develop skills for staffs to meet the standards of the global electronics industry.

On behaft of organizer, Mr. Vu Trong Tai, General Manager, Reed Tradex Việt Nam shares: “As the leading organizer in the region with business match-making activities via exhibtions and events, it is our pleasure that Reed Tradex Vietnam have the partnership with LINKSME Project (by USAID) to bring opportunities for business to meet and support for the match-making between companies. NEPCON Vietnam has become one of the leading events in the electronics industry - an unforgettable event for thousands of investors who want to expand their business in Vietnam. We are delighted that the exhibition can support Vietnamese businesses, especially small and medium-sized enterprises to participate in the global supply chain.”

In Vietnam and ASEAN countries, Small and Medium - sized Enterprises (SMEs) play an important role in the economy. This year, to support SMEs group, it is the pleasure for NEPCON Vietnam 2019 to have the partnership with LinkSMEs project (by USAID). The project has decided to implement in 2018-2023 with total budget at US$22.1 billion. In detail, the project is expected to catalyze systemic changes in business relationships and significantly increase the quantity and quality of linkages between Vietnamese enterprises and global value chains.

The sharing session “How to Connect Vietnamese SMEs to the Global Electronics Value Chain” by USAID Linkages for Small and Medium Enterprises (LinkSME) is one of the highlights at NEPCON Vietnam 2019. Accordingly, Mr. Ron Ashkin, Project Director of USAID LinkSME, said: “Vietnamese businesses, especially SMEs, have great potential and need support to access information and investment resources to be have more compatative advantage to compete with both domestic and foreign comapetitors. Through this project, in cooperation with the organizer of NEPCON exhibition, we hope to bring useful information to help Vietnamese electronics businesses to participate in global value chains within the electronics sector.”

Both visitors and exhibitors of NEPCON Vietnam 2019 were happy with the show’s results. Mr. Takeshi Idenaga, General Manager Sales & Marketing Department, Wire Processing Systems Division, Shinmaywa Industries, Ltd., said: “This is the second time we’ve joined the exhibition. The number of visitors to Shinmaywa in Hanoi’s event is bigger than in Ho Chi Minh. I think NEPCON is an effective expo for my company to advertise products to existent customers as well as seek for new potential partners. We’re considering to join NEPCON in the next year.”

Mr. Nguyen Van Vinh, Regional Manager, FIJI Machine Vietnam Co. Ltd., noted: “NEPCON 2019 in Hanoi draw more visitors compared to previous one. FUJI has taken part in the expo for 3 year continuously. This year, we want to provide outstanding solutions applying smart factory (4.0 industry) and has found more new customers so far. Besides, we have new business relations and potential partners, too.”

Ms. Do Thi Thuy Huong, Executive Committee Member of Vietnam Electronic Industries Association (VEIA), said: “The globalization leads to a fierce competition in manufacturing and supplying activities of electronics and supporing industry enterprises in the local market. Accordingly, the companies need more assistance in investing in solutions to enhance outputs and quality of their products, as well as find out supplies and supporting networks. To be able to join global supply chains, it is very important for the companies to focus on setting up networks and connections with local companies and FDI companies, and approaching to investment of electronics industries in the region and over the world.”

Nam Pham