Over 140 foreign and domestic enterprises are showcasing their products at the second Vietnam International Support Industries Exhibition (VSI Expo) 2015 which opened on August 27 in Ho Chi Minh City.
Over 140 foreign and domestic enterprises are showcasing their products at the second Vietnam International Supporting Industries Exhibition (VSI Expo) 2015, which opened on August 27 at the Tan Binh Exhibition and Conventional Centre in Ho Chi Minh City.
On display at 220 booths are natural fibres, chemicals, electronic spare parts and mechanical components, among others.
The four-day exhibition is part of the national promotion programme, said Nguyen Phuong Dong, Vice Director of the municipal Department of Industry and Trade, highlighting that participants will have a chance to popularise their latest products as well as become a supplier for Vietnamese projects.
The event also encourages domestic businesses to invest in advanced technology to generate high-quality products while increasing competitive capacity to increase export and attract foreign investors.
Speaking at the opening ceremony, Deputy Minister of Industry and Trade Do Thang Hai spoke highly of efforts made by departments, branches and enterprises to organise the exhibition, which helps speed up the development of national support industries.
VSI Expo 2015 has become an attractive destination for businesses, serving as a promotional channel to foster the consumption of domestic support products, he added, underscoring that enterprises need to enhance links with their partners to boost production cooperation, paving the way to participate in the global supply chain.-VNA
The Vietnam International Supporting Industries Exhibition 2014 ( VSI Expo 2014 ) is taking place in Ho Chi Minh with the participation of over 140 domestic and foreign businesses.
Foreign direct investment has been the catalyst for economic growth in Vietnam over recent years, and capital investment by foreign enterprises continues to set the pace for development of the nation’s support industries, reported The Voice of Vietnam (VOV).
Ho Chi Minh City is seeking more solutions to complete a project on developing the support industry, which plays a key role in promoting the sustainable development of major industries, according to a report on the Government website chinhphu.vn.
A workshop was held on August 21 to enhance linkages between domestic and foreign businesses and boost the development of the support industry in service of six prioritised industrial sectors.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Opening ceremony of the exhibition. (Photo: VNA)
