The Vietnam Support Industry Show 2020 and the METALEX Vietnam 2020 was held online from October 23-24 to connect Vietnamese and Japanese firms in the support industry in the new normal situation.
HCM City (VNA) – The Vietnam Support Industry Show 2020 and the METALEX Vietnam 2020will be held online from October 23-24 to connect Vietnamese and Japanese firmsin the support industry in the new normal situation.
Participating firmswill have a chance to meet Japanese partners that want to seek suppliers inVietnam, join a symposium and enjoy technological performance.
Le Thanh Phong, head of the investment promotion office of the Investment and Trade Promotion Centre (ITPC) of Ho Chi Minh City, said the event holds significance for firms operating inthe manufacturing and support industries, enabling them to access the latest modernequipment and improve product value.
Hirai Shinji, Chief Representative of the Japan External Trade Organisation (JETRO) in HCM City, described Vietnam as the second attractive destinationfor Japanese companies which are operating in foreign countries and planning to expand operation. A number of Japanese firms also plan to shift their operationsto Vietnam, he said.
He said via the event, Vietnamese firms will have a chance to join theglobal supply chain more deeply./.
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The Industry and Trade Ministry will promote the restructuring of industrial production sectors, especially the support industry, due to difficulties in production during the COVID-19 pandemic.
Vietnam's support industry is struggling to attract foreign investment as multinational companies look for alternative options during the COVID-19 pandemic.
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The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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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.
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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.
At the press conference (Photo: VNA) 
