Supporting industry and Metalex expos open in HCMC

Visitors view products at the supporting industry expo, which is organized concurrently with Metalex Vietnam on machine tools and metalworking technologies in District 7 - Photo: Quoc Hung

HCMC – An exhibition on supporting industries and an international machine tools and metalworking technology exhibition known as Metalex Vietnam opened on Thursday at the Saigon Exhibition and Convention Center in District 7.

The supporting industry expo is co-organized by the HCMC Investment and Trade Promotion Center and Japan External Trade Organization (JETRO) in the city, while Reed Tradex is the organizer of Metalex Vietnam.

While the supporting industry expo features Japanese manufacturers displaying parts, equipment, or supporting services, and Vietnamese suppliers who are part and equipment makers and subcontractors, Metalex Vietnam highlights latest machine tools and metalworking technologies.

Metalex Vietnam has a “Hi-Tech Zone” where modern machinery and technology are displayed, and “Robot Demonstration,” which unveils extraordinary capacity of “Motoman,” an intelligent industrial robot which can cut and weld metal with laser in fluid and precise movements.

Meanwhile, over 100 local suppliers and Japanese manufacturers mainly in the automobile, motorcycle and electronics parts manufacturing industries are looking for business opportunities at the supporting industry expo. Half of them are Japanese companies in Vietnam and directly from Japan, while the other half are local joint ventures.

This expo “aims to develop supporting industries in Vietnam as part of cooperation projects based on the Japan-Vietnam Economic Partnership Agreement signed in 2008,” said Tetsusaburo Hayashi, executive vice president of JETRO.

“One of the main problems for these firms is the difficulty in procuring parts. According to a JETRO survey, Vietnam ranks lower than its ASEAN neighbors in terms of local content rates for Japanese-affiliated firms in these countries,” he said, adding this issue affects not only the competitiveness of firms operating locally, but also Vietnam’s international competitiveness.

Duangdej Yaikwarmdee, deputy managing director of Reed Tradex, said, “The combination of two expos will create an all-under-one-roof meeting center for the manufacturing community. Buyers and sellers would meet, exchange knowledge and ideas, discover technologies, and develop business networks.”

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Footwear sector plans to develop supporting industry

Photo: AFP

The Vietnam Leather and Footwear Association (Lefaso) has submitted to the government a strategy to develop the sector from now till 2025, focusing on the supporting and material industry.

According to Lefaso President Nguyen Duc Thuan, the strategy aims at ending the sector’s dependence on foreign materials and technologies and shifting from sub-contracting.

Under the strategy, the sector will need VND18.8 trillion (US$989 million) to produce shoetrees and models and expand production of materials including leather and leatherette.

The plan is expected to help the sector to earn $8.5 billion from exports by 2015 and $11 billion by 2020 with the localization rate of 65-75 percent from 50 percent at present.

Thuan explained that the strategy was prompted by the fact that the sector has been suffering from a serious shortage of materials for many years, due to a lack of supporting industry.

At present, the country has only 30 enterprises, including five with foreign investment capital, producing tanned leather, the main material for the footwear sector. Those enterprises can meet only 30 percent of the demands for materials of domestic footwear enterprises.

The Lefaso leader further said that the sector has also to cope with the EU’s anti-dumping tax on Vietnam’s footwear products.

In an effort to boost exports, Lefaso has carried out many promotion activities, including hosting the 29th international conference of the Asian footwear sector and the international fair of footwear materials and machines.

At present, Vietnamese shoe makers have got orders for exports to fill until the first quarter of 2011, as customers are shifting their attention from China to Vietnam.

In the first nine months of the year, the sector earned over $3.6 billion from exports, a year-on-year increase of 23 percent. The figure is expected to hit over $5 billion by the end of the year.

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Footwear sector plans to develop supporting industry

Photo: AFP

The Vietnam Leather and Footwear Association (Lefaso) has submitted to the government a strategy to develop the sector from now till 2025, focusing on the supporting and material industry.

According to Lefaso President Nguyen Duc Thuan, the strategy aims at ending the sector’s dependence on foreign materials and technologies and shifting from sub-contracting.

Under the strategy, the sector will need VND18.8 trillion (US$989 million) to produce shoetrees and models and expand production of materials including leather and leatherette.

The plan is expected to help the sector to earn $8.5 billion from exports by 2015 and $11 billion by 2020 with the localization rate of 65-75 percent from 50 percent at present.

Thuan explained that the strategy was prompted by the fact that the sector has been suffering from a serious shortage of materials for many years, due to a lack of supporting industry.

At present, the country has only 30 enterprises, including five with foreign investment capital, producing tanned leather, the main material for the footwear sector. Those enterprises can meet only 30 percent of the demands for materials of domestic footwear enterprises.

The Lefaso leader further said that the sector has also to cope with the EU’s anti-dumping tax on Vietnam’s footwear products.

In an effort to boost exports, Lefaso has carried out many promotion activities, including hosting the 29th international conference of the Asian footwear sector and the international fair of footwear materials and machines.

At present, Vietnamese shoe makers have got orders for exports to fill until the first quarter of 2011, as customers are shifting their attention from China to Vietnam.

In the first nine months of the year, the sector earned over $3.6 billion from exports, a year-on-year increase of 23 percent. The figure is expected to hit over $5 billion by the end of the year.

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Footwear sector plans to develop supporting industry

The Vietnam Leather and Footwear Association (Lefaso) has submitted to
the government a strategy to develop the sector from now till 2020 with a
vision for 2015, focusing on the supporting and material industry.

According
to Lefaso President Nguyen Duc Thuan, the strategy aims at ending the
sector’s dependence on foreign materials and technologies and shifting
from sub-contracting.

Under the strategy, the sector will need
18.8 trillion VND (989 million USD) to produce shoetrees and models and
expand production of materials including leather and leatherette.

The
plan is expected to help the sector to earn 8.5 billion USD from
exports by 2015 and 11 billion USD by 2020 with the localisation rate of
65-75 percent from 50 percent at present.

Thuan explained that
the strategy was prompted by the fact that the sector has been suffering
from a serious shortage of materials for many years, due to a lack of
supporting industry.

At present, the country has only 30
enterprises, including five with foreign investment capital, producing
tanned leather, the main material for the footwear sector. Those
enterprises can meet only 30 percent of the demands for materials of
domestic footwear enterprises.

The Lefaso leader further said
that the sector has also to cope with the EU’s anti-dumping tax on
Vietnam’s footwear products.

In an effort to boost exports,
Lefaso has carried out many promotion activities, including hosting the
29th international conference of the Asian footwear sector and the
international fair of footwear materials and machines.

At
present, Vietnamese shoe makers have got orders for exports to fill
until the first quarter of 2011, as customers are shifting their
attention from China to Vietnam.

In the first nine months
of the year, the sector earned over 3.6 billion USD from exports, a
year-on-year increase of 23 percent. The figure is expected to hit over 5
billion USD by the end of the year./.

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Machine tools expo to open next month

The 2010 International Machine Tools and Metal Working Technology Exhibition (Metalex Viet Nam 2010) will be held at the Saigon Exhibition and Convention Center from October 7-9.

The event will feature 500 brands of high-tech metalworking, machinery, technologies and electronic products from 25 countries and territories worldwide, including Japan, Thailand, Singapore and China among others.

For the first time, this event is organized along the fourth exhibition on supporting industry. The two exhibitions are jointly held by the Thai Reed Tradex Co, Japan External Trade Organization (JETRO) and the Ho Chi Minh City Investment and Trade Promotion Center (ITPC).

Nguyen Khac Duy, director of the ITPC said the combination of the two large exhibitions was a significant for the machinery industry. Traders will have opportunity to share experiences, discover new technologies and expand their business networks.

The supporting industry exhibition will display spare parts, accessories, components and supporting services from Japanese and Vietnamese suppliers.

Nattha Chaowawanich, deputy managing director of Reed Tradex, said Vietnamese manufacturers and enterprises should not miss this important opportunity to meet Japanese firms as well as promote business activities and raise the competition among Vietnamese enterprises.

During the exhibition, organizers will also hold conferences "Producing and Manufacturing Management of Japan", "The gap between partnering Japanese and Vietnamese firms", "The success of Thai companies in supplying commodities to Japan", and "Factory management of Japanese enterprises".

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Machine tools expo to open next month

The 2010 International Machine Tools and Metal Working Technology Exhibition (Metalex Viet Nam 2010) will be held at the Saigon Exhibition and Convention Center from October 7-9.

The event will feature 500 brands of high-tech metalworking, machinery, technologies and electronic products from 25 countries and territories worldwide, including Japan, Thailand, Singapore and China among others.

For the first time, this event is organized along the fourth exhibition on supporting industry. The two exhibitions are jointly held by the Thai Reed Tradex Co, Japan External Trade Organization (JETRO) and the Ho Chi Minh City Investment and Trade Promotion Center (ITPC).

Nguyen Khac Duy, director of the ITPC said the combination of the two large exhibitions was a significant for the machinery industry. Traders will have opportunity to share experiences, discover new technologies and expand their business networks.

The supporting industry exhibition will display spare parts, accessories, components and supporting services from Japanese and Vietnamese suppliers.

Nattha Chaowawanich, deputy managing director of Reed Tradex, said Vietnamese manufacturers and enterprises should not miss this important opportunity to meet Japanese firms as well as promote business activities and raise the competition among Vietnamese enterprises.

During the exhibition, organizers will also hold conferences "Producing and Manufacturing Management of Japan", "The gap between partnering Japanese and Vietnamese firms", "The success of Thai companies in supplying commodities to Japan", and "Factory management of Japanese enterprises".

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Machine tools expo to open next month

The 2010 International Machine Tools and Metal working Technology
Exhibition (Metalex Viet Nam 2010) will be held at the Sai Gon
Exhibition and Convention Centre from October 7-9.

The
event will feature 500 brands of high-tech metalworking, machinery,
technologies and electronic products from 25 countries and territories
worldwide, including Japan , Thailand , Singapore and China
among others.

For the first time, this event is organised
along the fourth exhibition on supporting industry. The two exhibitions
are jointly held by the Thai Reed Tradex Company, Japan External Trade
Organisation (JETRO) and the HCM City Investment and Trade Promotion
Centre (ITPC).

Nguyen Khac Duy, director of the ITPC said
the combination of the two large exhibitions was a significant for the
machinery industry. Traders will have opportunity to share experiences,
discover new technologies and expand their business networks.

The supporting industry exhibition woull display spare parts,
accessories, components and supporting services from Japanese and
Vietnamese suppliers.

Nattha Chaowawanich, deputy managing
director of Reed Tradex, said Vietnamese manufacturers and enterprises
should not miss this important opportunity to meet Japanese firms as
well as promote business activities and raise the competition among
Vietnamese enterprises.

During the exhibition, organisers
will also hold conferences "Producing and Manufacturing Management of
Japan", "The gap between partnering Japanese and Vietnamese firms", "The
success of Thai companies in supplying commodities to Japan", and
"Factory management of Japanese enterprises"./.

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• Machine tools expo to open next month
• High rice price cuts exports
• Timber-product exporters sign $3b deals
• North in deficit as south runs surplus
• African Market Necessitates A Different Approach