Four metalworking, supporting industries expos open in HCM City

Oct 7th at 08:14
07-10-2016 08:14:26+07:00

Four metalworking, supporting industries expos open in HCM City

Four exhibitions opened at a single venue, the Saigon Exhibition and Convention Centre, in HCM City on October 6.

METALEX Vietnam features over 500 brands from 25 countries and eight national pavilions showcasing the latest metalworking technologies.

Isara Burintramart, managing director of Reed Tradex Co., Ltd., said, "Over the past 10 years Metalex Vietnam has gained trust as Việt Nam's international exhibition which helps bring unique opportunities for all participants to learn, source new machinery and discover the latest developments in metalworking."

Nepcon Vietnam offers electronics manufacturers the opportunity to witness new SMT (surface-mount technology) and machinery in the electronics sector, he said.

The "Business Alliance for Supporting Industry 2016" is meant to connect Japanese parts buyers with Vietnamese parts suppliers. It is organised by the Japan External Trade Organization (JETRO) in HCM City and the Investment and Trade Promotion Centre of HCM City,

Takimoto Koji, chief representative of JETRO in HCM City, said: "At present the local procurement ratio of Japanese enterprises in Việt Nam is still at a very low level of 32 per cent compared to 56 per cent in Thailand and 65 per cent in China."

The event has 65 booths, "of which 50 booths are given to Vietnamese companies as our contribution to the development of the supporting industry in Viet Nam," he said.

"Industrial Components and Subcontracting Vietnam" also offers a good platform for parts makers and buyers to compare notes and seek business opportunities, Burintramart said.

The events, to go on until October 8, also include many other activities like engineer master class, technology presentations, shows in show, hand soldering championship, and the long-awaited top-spinning contest.

"All the activities are for participants to gain great ideas being shared in this annual gathering of industrial community," Burintramart said.

Le Thanh Liem, deputy chairman of the HCM City People's Committee, said: "The city has identified that developing supporting industries plays an important role in increasing the use of local parts and the value and competitiveness of industrial products, reducing the trade deficit, increasing the ability to attract foreign investment and facilitating development of small and medium-d businesses."

The city has implemented many measures to promote the sector, he added. 

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