The Department of Industry and Trade of Ho Chi Minh City in collaboration with the Management Board of the HCM City Export Processing and Industrial Zones Authority (HEPZA) and the Management Board of Saigon Hi-Tech Park (SHTP) organised the “Sourcing Fair Supporting Industries 2022” (SFS 2022) conference in HCM City on September 8.
Leaders of the HCM City's People's Committee, departments and agencies perform the opening ceremony of SFS 2022 (Photo: VNA)
Hanoi (VNA) - The Department of Industry and Trade of Ho Chi Minh Cityin collaboration with the Management Board of the HCM City Export Processingand Industrial Zones Authority (HEPZA) and the Management Board of SaigonHi-Tech Park (SHTP) organised the “Sourcing Fair Supporting Industries 2022”(SFS 2022) conference in HCM City on September 8.
The conference updates market demand, production technology and new standardsfrom buyers who are foreign investment companies (FDI) and terminal industrialproduction enterprises on two days (September 8 and 9).
In addition, connecting offline and online supply and demand about products,looking for suppliers of B2B supporting industry, especially those that needlocalisation and open supply chains, and developing global value production chains.
Participating in SFS 2022, there are about 20 enterprises as FDI investors andindustrial production enterprises, registering to participate in the programmeas buyers.
With a list of more than 500 components that need to find domestic suppliers, theFDI business community and terminal industrial manufacturing enterprises havecome into contact with about 130 potential Vietnamese supporting industrysuppliers, with over 300 predefined connections.
Speaking at the opening of the conference, Vo Van Hoan, Vice Chairman of themunicipal people's committee, said that SFS 2022 will further improve theefficiency of connection activities between Vietnamese supporting industrymanufacturing enterprises and FDI enterprises, terminal industrial production enterprises.
This was an activity of practical significance, helping domestic manufacturingenterprises seize market opportunities, approach and step by step participatein the global supply chain; especially small and medium enterprises.
In addition, supporting industry enterprises will learn from FDI enterprisesabout their management and production skills, create motivation fortechnological innovation, expand production, and participate more effectivelyin global supply chains, he added.
Bui Ta Hoang Vu, Director of the Department of Industry and Trade of HCM Citysaid that, after four years, it had attracted 96 FDI enterprises andmanufactured terminal industrial products, connected 370 supporting industrialenterprises in cities and provinces with suitable products and 1,320 directcontacts.
The increasing number of shoppers, retailers and connections over the yearsshows that the conference is increasingly influential and promotesconnectivity, creating market opportunities for enterprises to develop andexpand production./.
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