Hanoi (VNA) – The 10th Vietnam-Japan SupportingIndustries Exhibition (SIE) and the 14th Vietnam Manufacturing Expo(VME 2023) kicked off on August 9 in Hanoi, aiming to tighten the trade relationship of the two countries' enterprises in the supporting industry as well as promote the development of the industrial manufacturing sector in Vietnam.
The three-day events, which are jointly heldby RX Tradex Vietnam, the Japan External Trade Organisation (JETRO) and the VietnamTrade Promotion Agency (Vietrade) under the Ministry of Industry and Trade, areexpected to see the participation of over 200 manufacturers and distributorsfrom 20 countries and territories.
Manyactivities will be arranged to support businesses and visitors in connectingwith agents, distributors, and business partners within the framework of the events.
Chief representative of JETRO Office in Hanoi TakeoNakajima said that 22 Japanese firms have expressed their desire to buy goods fromlocal manufacturers while 28 Vietnamese manufacturers have displayed theirproducts and introduced their supply capabilities to Japanese businesses.
Through these exhibitions, JETRO wishes to contribute to thedevelopment of the supporting industry in Vietnam, and assist Japanesebusinesses in seeking suitable suppliers, he said.
According to Watanabe Shige, Japanese Deputy Ambassador to Vietnam,if the supply of raw materials and accessories is stable, it will increaseflexibility in supply, reduce costs, and improve capacity for supportingindustry in Vietnam, thus, contributing to the development of the domesticmanufacturing industry.
According to him, the Japanese government and businesses have been giving the bestsupport to Vietnam's supporting industry, adding that Japaneseenterprises who are investing in the Southeast Asian nation expect to improvetechnology and enhance quality management for Vietnamese counterparts./.