Exhibitions to showcase support industries

Nhan Dan Online – Hanoi will host three exhibitions on machinery, support industries and advanced technologies in September this year.

At a press brief this morning, the event organisers announced that the Vietnam Manufacturing Expo 2013, the 5th Vietnam-Japan Support Industries Exhibition, and the 2013 Japanese Monozukuri Technology Exhibition will take place simultaneously at the Hanoi International Exhibition Centre this September as part of the activities to celebrate the 40th anniversary of Vietnam-Japan diplomatic relations and promote economic cooperation between the two nations.

The exhibitions are expected to attract more than 10,000 industrialists from across Vietnam to learn about the latest inventions, solutions, and services offered by over 500 companies from 25 countries around the world. Japanese enterprises will also introduce their high-tech products and robots that are being applied in various fields.

The three exhibitions will provide manufacturers, buyers and sellers an opportunity to meet and exchange knowledge and ideas, explore technologies and develop business networks, and create a demand-supply network to promote the development of support industries in Vietnam.

The expos will also help Vietnamese producers expand cooperation with Japan in trading machinery, promoting industries promotion and improving competitiveness.

According to the Foreign Investment Agency under the Ministry of Investment and Planning, Japan was the largest investor in Vietnam last year, accounting for 13.6% of the total registered capital.

Japan’s FDI projects in Vietnam, which are primarily related to long-term capital investment with a focus on high-tech industries, have also had positive impacts on Vietnam’s economy.

Japanese FDI in Vietnam is expected to increase in the near future, which will benefit Japanese companies and promises new opportunities for technology and workforce transfers between the two countries