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
Wire expo 2018
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
BUSINESS IN BRIEF 23/6
Inter-bank interest rates stay low Inter-bank interest rates for Vietnam dong have plunged lately and are hovering around 1-1.2% annually for overnight to one-week terms, and local banks expect the low rates to continue for long due to the ample money supply. The inter-bank market has been most quiet since early this year owing to abundant supply and slackened demand, said an analyst of BIDV. The trading volume in the market reached an estimated VND12 trillion a session last week, with interest rates staying at 1-1.2% per annum for overnight to one-week terms, 2% annually for one-month term and 4.5% annually for three-month term. The State Bank of Vietnam (SBV) continued its net capital withdrawal via open market operations (OMO) last week, mainly via gold auctions and foreign currency selling. The monetary authority already made a net withdrawal of VND9 trillion via OMO, Treasury notes, gold auctions and foreign currency purchase last week. In the meantime, deposit growth of the … [Read more...] about BUSINESS IN BRIEF 23/6
BUSINESS IN BRIEF 26/3
HCM City to host food ingredients expo The 2018 Food Ingredients Vietnam to be held in HCM City in May will showcase a large variety of food and beverage ingredients and natural ingredients. The exhibition has attracted more than 140 exhibitors from many countries and territories, Rungphech (Rose) Chitanuwat, business director of UBM Asia, the organiser, said. The expo would also feature international conferences and professional seminars, and link up businesses, she said. With more than 93 million people, of whom more than half are under 30 years of age, Việt Nam is one of the most promising food and beverage consumption markets in the region, and has a diverse range of raw materials for food and beverages, she said. Speaking at a press conference in HCM City on March 22 to introduce the expo, Ly Kim Chi, chairwoman of the Food and Foodstuff Association of HCM City, said the country’s food and beverages sector has enjoyed strong growth in recent years. The market is … [Read more...] about BUSINESS IN BRIEF 26/3