According to Deputy Minister of Industry and Trade Tran Quoc Khanh, raising the localization rate in the automobile, garment-textile, footwear, and electronic industries, and entering the global production and supply chain are important for Vietnam.
Delegates cutting the ribbon to open the exhibition. (Photo: nhandan.com.vn)
The ministry has been implementing the program on support industry development from 2016 – 2025 to help local firms apply management systems in line with the global production chain’s requirements, so they can become suppliers for domestic and foreign clients, Khanh said.
He also expressed his belief that the events will create opportunities for local support industry firms to approach new trends and engineering and technology achievements and meet with potential partners from Japan and other nations.
The three-day events drew more than 200 brands from 20 nations and territories worldwide, including Japan, the Republic of Korea, China, Singapore, and Thailand.
Through the exhibitions, participants showcased their advanced technologies for electronic component manufacturers, seeking clients and tightening links with local manufacturers.
Hironobu Kitagawa, Head Representative of Japan External Trade Organization (JETRO) Hanoi said enterprises need to understand the significant role of the support industry in the entire value chain.
JETRO is willing to support Vietnamese firms, he pledged.
Source: VNA