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Vietnam Expo – Business Opportunities For Enterprises

05/04/2017 13:04

Vietnam Expo 2016 with the theme “Enhancing regional and global economic links” is an effective bridge of trade promotion between Vietnam and foreign countries all over the world.

Vietnam International Trade Fair – Vietnam Expo hosted by Ministry of Industry and Trade, Directed by Vietnam Trade Promotion Agency and organized annually by Vinexad Company over the last two decades, is recognized as the most effective trade event, bringing about a lot of economic values for organization, enterprises and individuals in Vietnam and overseas. Vietnam Expo 2016 is held from 13th to 16th April at Hanoi International Exhibition Center (ICE) – 91 Tran Hung Dao St., Hoan Kiem Dist.

Vietnam Expo 2016 will welcome participation of enterprises whose brands are awarded Vietnam Value – the symbol of prestige, quality, and representative for Vietnam brands in domestic market as well as brand development in international market. In particular, there are Vietnam Electrical Equipment Joint Stock Corporation – GELEX, Tran Phu Electrical Mechanical JSC, Binh Minh Plastics JSC, Duy Tan Plastics JSC, Hanoi Trade Corporation, Hoa Tho Textile – Garment Joint Stock Corporation, etc.

One of the highlights of this year is that Tan A Dai Thanh Group becoming the main sponsor for program. With 23-year experience in the manufacturing of metal products along with key ones such as water tanks, solar hot water heater, hot water heater, pumps, pipes Stroman and so on, the Group is gradually perfecting the total solution for water sources supplying to Vietnamese families. As one of 63 enterprises who were awarded Vietnam Value; having honourly received the Second Class Labor Medal by the President of the Socialist Republic of Vietnam along with many other reputable prizes, Tan A Dai Thanh is a Vietnamese prestigious and world-class brand.

With a view to supporting both domestic and foreign enterprises to learn about business connecting tools; consult on investment policies and enhance design competence for companies and products, Vietnam Expo 2016 will be a useful destination meeting all of requirements above through pavilions.

Furthermore, there is Vietnam Industry Investment and Development Pavilion organized by Vietnam Trade Promotion Agency with impressive design, displaying and introducing representative industrial parks of some provinces/ cities of Vietnam, as well as direct onsite presentations and investment policy consultancy.

Furthermore, Pavilion Vietnam – Korea Product Development and Design Support is organized in the framework of Project Vietnam – Korea Design Sharing, in order to enhance design competence of Vietnam enterprises to raise product competitiveness, with the cooperation of Korea Institute of Design Promotion.

Among large International Pavilions, The Republic of Belarus is Honoured Country at VIETNAM EXPO 2016 with long-term friendship between the two countries. In 2015, Vietnam had signed Free Trade Agreement with Eurasian Economic Union, of which Belarus is one of 5 members. This event has paved the way for new steps of the development in various sectors ranging from economy, commerce to investment among members.

Attending Vietnam Expo with a large scale this year, the enterprises of the Republic of Belarus will contribute to the reinforcement and comprehensive development of the relation between 2 countries and promote the cooperation in terms of science and technology, defence, education, health, culture, sports and tourism. In 2015, Vietnam had exported seafood, furniture, textiles, footwear, rice, natural rubber, cashew nuts, peanuts, pepper, spices, tea, canned vegetables, pharmaceuticals, computers and so on to Belarus; and imported fertilizers, machinery, equipments, components and spares parts of cars, tractors, trucks, chemicals, etc.

In addition, 2016 is considered as a pivotal year to the economy when Vietnam has taken actions to accelerate the strong integration with other countries in the region and the world by taking part in ASEAN Economic Community (AEC) and many trade agreements has been signed such as FTA-EU, FTA-Korea, TPP, etc. At Vietnam Expo 2016, the enterprises in Vietnam have much opportunity to promote their products, seeing foreign buyers, in parallel with the expansion and reinforcement of the  domestic market. At the same time, the participant countries will have the opportunity to access to a huge number of enterprises in Vietnam in order to explore the market, discuss, cooperate for investment, transfer the technology with an intention of promoting the growth of export and attracting foreign investment into Vietnam.

According to statistics of Vietnam Expo 2016 Organizer, the fair will attract 450 exhibitors from 20 countries and territories, with exhibiting area of 520 booths covering all Hanoi International Exhibition Center (ICE). Currently, the Organizer have received visiting applications of foreign delegates from Korea, Uganda, Czech Republic, Sri Lanka, Japan, Singapore, South Africa, etc. Details here.

Earlier, in 2015, the program called “Vietnam Expo 25th anniversary celebration” attracted 600 enterprises with 720 booths from 28 countries and territories. In particular, there were 7 national booths which belonged to Algeria, Cuba, The Republic of Czech, South Korea, Nepal, China and Vietnam; 8 Vietnam Value enterprises and 10 Trade Promotion Centers from provinces/ cities.

According to Mr. Jun Dae Joo – South Korea’s Ambassador in Vietnam, in 2015, South Korea attended the fair as the honoured country together with 81 enterprises operating the fields of food, beverage, consumers, cosmetics, medical equipments, etc. Organizing this fair means much considerable opportunity for cooperation among the enterprises between 2 countries.

Mr. Radomil Dolezal – the Director of Trade Promotion Agency of The Republic of Czech also said that attending the Fair Vietnam Expo creates the opportunity to introduce the Republic of Czech as a strong and reliable trade partner for innovative and high quality products.

Link: http://businesstimes.com.vn/vietnam-expo-business-opportunities-for-enterprises/