Export leaps According to the General Department of Vietnam Customs, trade turnover between Vietnam and India in the first 11 months of 2018 reached US$9.94 billion, up 45 percent compared to a year ago. Vietnam’s exports to India reached US$6.14 billion, a year-on-year increase of 82.2 percent; meanwhile imports reached US$3.8 billion, an increase of nine percent compared to the same period in 2017. Vietnam’s key exports of machinery, equipment and spare parts to India maintained its leading position, with the export value of US$1.63 billion, an increase of 450 percent compared to a year ago, accounting for 26.55 percent of Vietnam’s total exports to that market. Exports of mobile phones and components earned US$785.75 million, a year-on-year increase of 54.4 percent; computers, electronic products and components saw an export of US$736.86 million, up 60 percent over the same period in 2017. In particular, rattan, bamboo, sedge and carpet exports surged, reaching … [Read more...] about India-Vietnam trade surges to unprecedented highs
Wire expo 2018
Wire & Cable Show 2018 held in Hanoi
Held by the Vietnam Advertisement and Fair Exhibition JSC – VIETFAIR, the annual prestigious event has attracted top businesses in electric cables, industrial and civil electricity and automation. Visitors at the exhibition It helps participating companies popularize their outstanding products and the host country promote international economic integration process and develop renewable energy in order to achieve green growth goals and meet the demand of the country’s socio-economic development in the new period. During the expo, experts from Germany, the U.S., the Republic of Korea and Thailand will share solutions to ensure quality of electricity supply for factories and information related to the use of specialized electric devices at seminars. With its rapid economic growth and socio-political stability, Vietnam has become an attractive market for foreign businesses with modern production chains, outstanding industrial and civil electric products, … [Read more...] about Wire & Cable Show 2018 held in Hanoi
BUSINESS NEWS IN BRIEF 24/8
20th edition of Vietfish expo opens in HCM City The country’s premier fisheries expo, the Viet Nam Fisheries International Exhibition, returns to HCM City 30 per cent larger than when it debuted in 2008.The event, hosted by the Viet Nam Association of Seafood Exporters and Producers (VASEP), opened on August 22 at the Sai Gon Exhibition and Convention Centre in District 7.In its 20th edition this year, the annual event, with the theme “Asia’s Home of Seafood”, has attracted 233 exhibitors from 14 countries and territories.The organisers said the exhibition this year has been expanded by nearly 200sq.m from last year with 7 per cent more exhibitors.Vietnamese companies are once more showing off their potential as leading fisheries exporters.Some 66 per cent of the exhibitors are domestic, organisers said.Of the participants, 55 per cent are in aquaculture and services while the remaining 45 per cent sell machinery and equipment, chemicals, … [Read more...] about BUSINESS NEWS IN BRIEF 24/8
Manufacturing technology expo to attract over 10,000 participants
(VEN) - The Vietnam Manufacturing Expo (VME18) will take place from August 8 to 10 in Hanoi, bringing together over 10,000 domestic and foreign machinery and technology manufacturers, engineers, production managers, buyers and sellers. Thailand, Chinese Taipei, Singapore and Japan will display their products in four international pavilions. Marking its 10th year in Vietnam, representatives of over 200 brands from 20 countries will meet up with prospective customers and partners. According to the organizers, participants are seeking new solutions, suppliers, and knowledge from the show’s content and on-site seminars and activities. The goal of VME18 is to provide answers for the need to reform and improve production processes. The Vietnam Manufacturing Expo is Vietnam’s leading exhibition of machine tools for mold and die making and injection technologies for plastics manufacturing. The show targets makers of molds, auto parts, plastic packaging, and many other … [Read more...] about Manufacturing technology expo to attract over 10,000 participants
Motan pours high value into Vietnam’s industry
As a leading global solution provider for drying, conveying, dosing, mixing, and measured feeding in the form of solids and powders, Motan (HK) Ltd. prepares for the Vietnam Manufacturing Expo 2018. The company’s Asia Pacific president Bing Hianco told VIR’s Phuong Thu about the forthcoming opportunities on the Vietnamese market. What are the key products Motan offers to its customers? We have great experience in providing material handling solutions for injection molding, extrusion, and blow molding machines. Our solutions are widely used in the automotive industry, the medical industry, the optical industry, the electronics industry, plastic pipes and plastic sheets, wires and cables, packaging, and all kinds of plastic processing industries. We provide the largest and most sophisticated plastic material handling solutions in the world, with the highest-quality equipment. Our products include dehumidifying dryers, volumetric and gravimetric blenders, hopper loaders, … [Read more...] about Motan pours high value into Vietnam’s industry