eNewsletter#3
SOUTH KOREA AND VIETNAM EYE CLOSER CO-OPERATION IN AUTOMOBILE
South Korea and Vietnam would accelerate their co-operation to with an aim to make Vietnam become an essential part of the supply chains of South Korean businesses, especially in the automobile factor. The two countries also sanctioned to push for a system which would enable them to process certificates of origin through electronic platforms. Read more…
 
US, VIETNAM SIGN US$42 MILLION DEAL TO ENHANCE VIETNAM’S ECONOMIC COMPETITIVENESS
The US Agency for International Development (USAID) and Vietnam’s Ministry of Planning and Investment (MPI) have virtually signed a US$42 million agreement to help Vietnam improve its economic competitiveness. USAID said that its technical assistance activities under the deal will help improve the capacity of Vietnamese small and growing businesses by facilitating access to competitiveness-enhancing technology, business management skills and capital. Read more…
 
INVESTMENT IN HO CHI MINH CITY EXPORT PROCESSING, INDUSTRIAL ZONES UP 86%
Export processing and industrial zones in HCM City saw US$117 million of investment poured into the zones in the first quarter, a 86 per cent increase compared to the same period last year, according to the HCM City Export Processing and Industrial Zones Authority. FDI in the zones was nearly $66 million, a 2.58 per cent increase year-on-year. There were six new projects with total capital of $5.48 million. The zones received VND1.1 trillion ($47 million) worth of domestic investment, up by 37 per cent year-on-year. There were 13 new projects, while 12 projects increased their capital. Read more…
START DOWN PATH FOR POST-PANDEMIC REBOUND
Vietnam continues to emerge as an Asia’s next manufacturing hub and bolster its position in global supply chains. That numerous companies setting up plants in the country means higher demand for cutting-edge machines and solutions such as automation or industrial transformations in near future. Therefore, technology providers should not miss out on this opportunity to expand customer base and generate profits. With over 10,000 qualified trade visitors in search of advanced machinery to upgrade their factories and enhance productivity, METALEX Vietnam 2020, co-located with Welding Vietnam 2020, will offer exhibitors an ideal platform to showcase latest products and capture leads.
We Will Exhibit @ METALEX Vietnam 2020