Reed Tradex Company, Vietnam's and Thailand's #1 exhibition and conference organizer, on March 18 presented "Vietnam Manufacturing Expo and NEPCON Vietnam" Forum #4 under the topic "Bridging Partnerships, Empowering Vietnam Manufacturing Industry". This forum is a good chance for industrialists of Vietnam to gather information and experience in the issues of sub-contracting capability of Vietnam's manufacturers, supporting industry, strategies to forge the successful partnership between Vietnamese manufacturing and electronics companies and foreign investors. These topics were shared by experienced experts, including Mr. Ngo Van Tru, Deputy Director General of Heavy Industry Department of the Ministry and Industry and Trade and Mr. David Kuntadi, General Director of Volex Cable Assembly (Vietnam) Co. According to Ms. Nichapa Yoswee, Managing Director of Reed Tradex, with a strong commitment on bringing the best exhibition services to further support the development of Vietnam's … [Read more...] about Forum: “Bridging Partnerships. Empowering Vietnam Manufacturing Industry”
Vietnam manufacturing industry
Localisation – Gamechanger for Vietnam Manufacturing Industry
“Localisation rate in Vietnam is only about 10 to 30 per cent, which does not reach the required rate to enjoy preferential rules of origin in most of FTAs, which is 45 per cent. For long-term development, giant investors such as Samsung, Intel, Microsoft appear ready to invest and to engage in building local capacities by training workers and supporting related businesses. So, why don't local manufacturers take advantage of these effects to self-develop their own productive capacity?” said Ms Kasinee Phantteeranurak, Project Manager of Reed Tradex Co., Ltd in an interview with Vietnam Business Forum. Nam Pham reports. Would you please tell us about the results of your exhibitions in Vietnam? What is your outlook on the market-oriented and investment environment in Vietnam? The investment has not been limited to low end labour-intensive manufacturing. Increasingly, high-tech electronics producers are establishing a presence in the country. This trend … [Read more...] about Localisation – Gamechanger for Vietnam Manufacturing Industry
“The Stars of Technology” to Partly Boost Vietnam Manufacturing Industry
Foreign investment in Vietnam increased from $3.1 billion in 2006 to $12.4 billion in 2014, at a 19.09% CAGR. As a percentage of total investment in the country, foreign investment increased from 16.2% in 2006 to 21.7% in 2014. Total investment in manufacturing (both domestic and foreign) has jumped from $4.9 billion in 2008 to $11.7 billion in 2013, recording a 19.04% CAGR. According to the General Statistics Office of Vietnam, manufacturing received the largest share of the total investment received (23.0%) by all sectors. Mr. Duangdej Yuaikwarmdee, Deputy Managing Director and General Manager Vietnam of Reed Tradex Co., Ltd. said, "Vietnam is ongoing negotiations for a free-trade agreement with the European Union further strengthens its robust advantages. The transfer and application of advanced technologies can make it easier for companies to integrate the new enhanced demands with their existing supply chains. The initial investment may be costly and challenging, but it would be … [Read more...] about “The Stars of Technology” to Partly Boost Vietnam Manufacturing Industry
Vietnam Manufacturing Industry: Potential, Important Market
On the sideline of Metalex 2011, ASEAN's largest international machine tools and metalworking machinery trade exhibition, organized by Reed Tradex Company on December 21-24, 2011 in Bangkok, Thailand, Vietnam Business Forum reporter Nam Pham conducts an interview with Mr. Chainarong Limpkittisin, Managing Director of Reed Tradex, about the company's business strategy in Vietnam in coming years. What is your opinion on Metalex 2011? The year 2011 is a very challenging year but Metalex continue upgrading ASEAN manufacturing industry in its 25th year. Metalex 2011, under the theme of "The Heart of ASEAN Metalworking", is one of the most meaningful regional platforms for 55,000 industrialists to catch up with the latest innovations from 4,000 new machinery and technologies by over 2,700 brands from 50 countries and territories. Before the floods, 2011 had been a good year, in terms of business, for Reed Tradex. In June, one of our exhibitions called "Manufacturing Expo", which is the … [Read more...] about Vietnam Manufacturing Industry: Potential, Important Market
9th MTA Expo – Solutions for Vietnam Manufacturing Industries
The 9th Vietnam International Precision Engineering, Machine Tools and Metalworking Exhibition and Conference (MTA Hanoi 2012) is scheduled to take place from March 28 to 30, 2012 the Hanoi International Centre for Exhibition (I.C.E), the Friendship Cultural Palace, 91 Tran Hung Dao, Hanoi, Vietnam. MTA Hanoi 2012 is jointly held by VCCI Exhibition Service Co., Ltd and Singapore Exhibition Services Pte Ltd (SES). According to Mr William Lim, Project Director of Machinery Events, Singapore Exhibition Services (SES), MTA was previously held in Ho Chi Minh City but this edition will be staged in Hanoi as this region has been growing at a steady pace. The demand for the latest manufacturing technologies and solutions from international companies is evident, he said. MTA is expected to offer a chance for the Vietnamese manufacturing industry to access the latest measures and technologies in the areas of metal processing, precise engineering and machine tools. This MTA attracts the … [Read more...] about 9th MTA Expo – Solutions for Vietnam Manufacturing Industries