During 7-9 October at Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City, Vietnam, the new phenomenon has been recorded in Vietnam’s metalworking and supporting industries for a great number of up to 11,410 industry leaders nationwide flocked into the grand event of METALEX Vietnam 2010,” revealed Mr. Duangdej Yaikwarmdee, Deputy Managing Director - Commercial of Reed Tradex Company, Thailand and Vietnam’s #1 exhibition and conference organizer.
This is considered Vietnam’s Most Comprehensive Machine Tools and Metalworking Technology Exhibition organized by Reed Tradex, and the “4th Exhibition on Supporting Industries in HCMC,” focusing on parts and accessories from Japanese and Vietnamese manufacturers in Vietnam organized by Japan External Trade Organization (JETRO,) Ho Chi Minh Office and Investment & Trade Promotion Center (ITPC,) Ho Chi Minh City.
Here, all visitors got their first-hand experience to see a wide array of the latest innovations and new technologies from the world’s famous brands, while enjoying a rare opportunity to nourish themselves with promising industrial trends and efficient strategies for their business developments. Simultaneously, exhibitors got direct contacts with many prospect buyers, while furthering their networks with possible partners and agents.
Clearly, good business discussions and satisfactory deals warmly filled the exhibition hall. As a result, exhibitors have made their confirmation to participate in the forth-coming shows, and visitors have made their determination to attend the next series. This is considered the powerful drive for Vietnam’s ever-developing metalworking and supporting industries.
“Next year, we will offer even more business opportunities in order to serve Vietnamese industrialists’ demands by co-locating “METALEX Vietnam’ with an electronics parts manufacturing show called “NEPCON Vietnam.” These two shows will absolutely be ones of the best events for Vietnam’s industrial developments. “’METALEX Vietnam 2011” will be organized during October 6-8, 2011, at Saigon Exhibition and Convention Center (SECC),and will be co-located with “NEPCON Vietnam 2011,” the 4th international electronics manufacturing technology trade exhibition and conference. Over 500 Global Brands from 25 countries will present latest technologies to 10,000 quality buyers from across Vietnam and other countries who will also gain new knowledge from the show’s concurrent conference.” said Mr.Duangdej.
Mr. Somchai Powcharoen, Consul-General of Royal Thai Consulate - General in Ho Chi Minh City (HCMC) said that investment trend is rising, the opportunities are multiplying continuously, and that “Trade exhibition” is considered an effective tool to promote stronger and tighter trade relations in Thailand and Vietnam. Specifically, “METALEX Vietnam” has been serving Vietnamese and Thai businesses towards the fast-growing industrial developments. Also strengthened by the “4th Exhibition on Supporting Industries in Ho Chi Minh City” in this edition, the trade opportunities will satisfy Vietnamese and Japanese manufacturers.
Mr. Tetsusaburo Hayashi, Executive Vice President of Japan External Trade Organization (JETRO) said “JETRO is a government-related body that works to promote mutual trade and investment between Japan and the rest of the world. We have 72 offices in 55 countries, 23 of which are in Asia, which work to support the region’s growth and development, including assistance to developing nations on trade and investment expansion.
“This event aims to develop supporting industries in Vietnam as part of cooperation projects based on the Japan-Vietnam Economic Partnership Agreement (JVEPA) signed in 2008. Today there are approximately 850 Japanese-affiliated firms operating in the country, bringing with them job creation and technology transfer, and hopefully adding to Vietnam’s development. One of the main issues for these firms is the difficulty in procuring parts. According to a JETRO survey, Vietnam ranks lower than its ASEAN neighbors in terms of local content rates for Japanese-affiliated firms in these countries; more parts are sourced from Japan, Thailand, China and others. This issue affects not only the price competitiveness of firms operating locally, but also Vietnam’s international competitiveness.”
“It is for these reasons that the development of Vietnam’s supporting industries is a vital and important task, especially amidst the increasing integration of economies and markets in ASEAN. So we are very pleased to have the opportunity to offer our support and cooperation through this event, and we sincerely hope it will help add to Vietnam’s goal of developing its supporting industry. Vietnam is an important economic partner and a close friend of Japan, and so we look forward to even closer ties through events such as this.”
“METALEX Vietnam 2010” is supported by power groups, including: Association of Ministry of Industry and Trade , Ministry of Science & Technology , Ministry of Information and Communications, Ministry of Planning and Investment, Vietnam Automation Association (VAA), Vietnamese Society of Automotive Engineers (VSAE), Vietnamese Association of Mechanical Industry (VAMI), Vietnam Steel Association (VSA), Vietnam Electro – Technical Industry Association (VELINA), Association of Electronics Industries in Singapore (AEIS), Singapore Manufacturers' Federation (SMa), Taiwan Association of Machinery Industry (TAMI), China Council for the Promotion of International Trade (CCPIT), BOI Unit for Industrial Linkage Development (BUILD) and Department of Export Promotion (DEP).
Voices of pavilion leaders and visitors at METALEX Vietnam 2010:
Mr. George Choo, Executive Director of Association of Electronic Industries in Singapore: Vietnam is a potential market which is developing with a surprising speed. Still, there are many interesting areas to explore, especially factories and heavy industry. Everything at this exhibition is very good. Next year, we will be here again.
Mr. Chatri Limpongsai, Director of BoI Unit for Industrial Linkage Development Thailand Board of Investment (BoI): Vietnam’s industry is developing day by day, and it becomes an interesting market for international investors. This is the second time that we participate in this show in Vietnam, and we will join again next year.
Mr. Tri Ngo, Chief Executive Officer of Applied Technology Precision (ATP): This exhibition really supports Vietnam’s manufacturing and metalworking industries, as well as features many high technologies that we are looking for. We also expect to meet good new business partners here in this show.
Mr. Luong Quoc Han, Manager of Electric Wire Production Section of Furukawa Automotive Parts (Vietnam) Inc. (FAPV): I knew about this exhibition via an invitation, and planned to come and see the show. Satisfactorily, I can find the right innovations which I am looking for, especially the automotive technologies from many international brands worldwide.
Mr. T.K. Ramesh, Chief Executive Officer of Micromatic Machine Tools Pvt. Ltd. – Ace Micromatic Group Co.: Our main market is Thailand, China, Indonesia, Malaysia, and now we have started with Vietnam. Our company focuses on the automotive industry and motorbike accessories. We produce machines for international famous companies such as Honda, Suzuki, Yamaha, ect. This exhibition is a good marketplace that companies and businessmen can meet, and contact with each other. Great business opportunities always come from the exhibition like this.
Mr. Mai Thanh Vu, Project Manager of Shinsel Vietnam Engineering Co., Ltd.: This is a good exhibition. We can see many products, and have a chance to see and study many more techniques. We may become a business partner of exhibitors here. Thanks for the good opportunities that Reed Tradex, JETRO and ITPC have brought to us.
Reported by Nam Pham