Int'l chemical industry exhibition opens in HCM City
The 18th International Vietnam Chemical Industry Exhibition (VINACHEM EXPO 2023) kicked off in Ho Chi Minh City on November 15, gathering 375 Vietnamese and international exhibitors.
The 18th International Vietnam Chemical Industry Exhibition opens in HCM City on November 15, 2023. (Photo: VNA)
HCM City (VNA) – The 18th International Vietnam ChemicalIndustry Exhibition (VINACHEM EXPO 2023) kicked off in Ho ChiMinh City on November 15, gathering 375 Vietnamese and internationalexhibitors.
Jointlyorganised by the VietnamAdvertisement and FairExhibition JSC (VIETFAIR) and the China Councilfor the Promotion of International Trade (CCPIT), the 3-day event features productsand technologies in the fields of chemicals, plastics, adhesives, and tapes.
Withinthe framework of the event, representatives from domestic and international businesseswill have a chance to join field trips to a number of factories, export processing zones (EPZ), and industrialparks (IPs) in HCM City and Hanoi.
CCPIT Vice President Liu Ji Gang said the number of Vietnameseexhibitors increased significantly compared to previous years, and this isexpected to contribute to deepening the cooperation between Vietnamand China, and other countries in the field of chemical industry.
Accordingto Phung Manh Ngoc, Director the Ministry of Industry and Trade’s Vietnam ChemicalAgency, the domestic chemical industry has developed strongly inrecent years and contributed positively to Vietnam's industry development.
VINACHEM EXPO - the largest international event of the chemical industry inVietnam, is expected to create motivation for the domestic and foreign businesscommunity to focus resources on technological innovation, improve the qualityof products and competitiveness, and join the global value chain.
According to statistics from the Vietnam Industry and Trade Information Centre(VITIC), as of 2022, Vietnam had over 1,800 chemical production enterprises. Underthe country’s strategy for developing the chemical industry by 2030, the sector will grow at an annual rate of 10-11% per year./.
The Vietnam International Exhibition on Chemical Industry to be held in HCM City from November 27 to 30 will offer a platform for domestic and foreign businesses to exchange information and explore business opportunities.
The chemical industry in Vietnam has been facing a number of environmental and social challenges, which require new pathways in development, production, and consumption to ensure sustainable development.
TGS Tra Vinh Green Hydrogen Company, a member of The Green Solutions Group, has started construction of Vietnam's first and largest green hydrogen factory in the Mekong Delta province of Tra Vinh’s Duyen Hai district, with total investment of 8 trillion VND (341 million USD).
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
The 18th International Vietnam Chemical Industry Exhibition opens in HCM City on November 15, 2023. (Photo: VNA) 
