Collaboration to Strengthen Vietnam’s Supporting Industries to ASEAN

Mr Duangdej Yuaikwarmdee, Deputy Managing Director and General Manager Vietnam of Reed Tradex Co., Ltd.said that nowadays, with Vietnam being the initial market for foreign investment combining with surge in local demand for industrial parts, it is vital for industrialists to understand the essential factors affecting the progression of supporting industries which plays a major role in industrial development. While the arrival of AEC is imminent, we also have both challenges and opportunities to comply with, opportunities which rely on understanding of new machinery, technologies, and updated knowledge. In this September 2015, industrialists will set out to discover a new world of technologies and business opportunities from 2 specialized exhibitions which will together to create a force for Supporting Industries.

 

For “The 6^th Exhibition on Supporting Industries in Hanoi 2015 (SIE 2015)”, about 50 Japanese exhibitors will display accessories they expect to purchase in Vietnam and 50 Vietnamese exhibitors will show their-made products they want to sell to potential buyers. SIE 2015 will be co-organized by JETRO Hanoi (Japan External Trade Organization) and VIETRADE (Vietnam Trade Promotion Agency). 

On the other hand, “Vietnam Manufacturing Expo 2015 (VME)” will exhibit machineries and technologies serving for industrial production with participation of over 200 brands from 20 countries. This year, VME will focus on mould making and plastic injection technologies. You will discover the wide range of machine tools by leading providers who will bring in many experts and specialists to answer and prompt visitors with cutting-edge solution. A series of knowledge and know-how on mould making and maintenance will be introduced by technology providers. In addition we have international pavilions from Thailand, Vietnam, Japan, Taiwan, Italy, and India. It is the first time that we are joined by the India Pavilion and the industrialists in Hanoi will get to see technologies from India. Moreover, a dedicated forum on technology for mould making techniques and technologies will be another highlight you should not miss.

 

According to Mr Atsusuke Kawada, Chief Representative of JETRO Hanoi Office, the current difficulty in buying spare parts in Vietnam is one of the big concerns which Japanese manufacturers in Vietnam are facing, and needs to be solved. With the aim of promoting Vietnam’s supporting industries, JETRO has compiled and maintained the list of 150 excellent Vietnamese companies which is regarded as a useful document for not only Japanese-invested companies in Vietnam, but also other companies considering new investment in Vietnam, he noted. 

Mr Bui Huy Son, Director General of Vietnam Trade Promotion Agency, remarked that the success of Vietnam-Japan Supporting Industries Exhibition, organized for five times, has contributed to increasing the bilateral trade turnover between Vietnam and Japan in recent years, and increase the number of new Japanese-invested projects in the fields of processing and manufacturing in Vietnam.  

Apart from mould making, a significant growth in plastic injection industry will be a major contributor for supporting industries such as automotive and electronic parts, packaging, and parts manufacturing. This can be deemed as a huge advantage since supporting industries in Vietnam have already possessed quality workforces and technologies, while Vietnamese government now prompts to reduce the imported plastic parts. In this regard, Vietnam Manufacturing Expo will answer these calls by promoting competitiveness in terms of cost reduction and optimizing productivity with new knowledge along with advanced technologies and innovations.

 

With past successes, the synergy between VME and SIE proves to be a successful formula in creating a highly comprehensive event drawing almost 10,000 industrialists from across Vietnam and many countries to meet the exhibitors. Both events were born out of the passion of the organizers who want to help the industrialists in the supporting sectors get geared up for the upcoming AEC.

 

The combination of both Expos will create an all-under-one-roof meeting centre for the manufacturing community. Buyers and sellers would meet, exchange knowledge and ideas, discover technologies, and develop their business networks. This opens doors wide for Vietnamese makers to network with Japanese industrialists for machinery import and industrial production, and to urge Vietnamese small-to-medium enterprises to develop higher competitiveness to prepare for receiving Japan’s investment expansion.

 

Key Highlights of “Vietnam Manufacturing Expo 2015” include The Stars of Technology Pavilion; Shows in Show; Meet leading International technologies from India, Italy, Japan, Taiwan, Thailand and Vietnam; Engineer Master Class & Technology Presentations; and Business Matchmaking Program.

 

 “Vietnam Manufacturing Expo 2015” also has strong support from the Ministry of Science & Technology (MST), Ministry of Planning and Investment (MPI), Ministry of Information and Communications (MIC), Ministry of Industry and Trade (MIT), Vietnam Electro – Technical Industry Association (VELINA), Vietnam Steel Association (VSA), Singapore Manufacturing' Federation (SMF), Taiwan Association of Machinery Industry (TAMI), BOI - Unit for Industrial Linkage Development (BUILD), and Thai Subcontracting Promotion Association.