Opening of the Dual Exhibition on VME and SIE Support Industries 2023
On the morning of August 9, 2023, the Dual Exhibition on VME and SIE Support Industries 2023 was officially inaugurated in Hanoi. Termed a ‘dual exhibition,’ this event marks the amalgamation of the 10th Supporting Industries Exhibition – SIE and the 14th Vietnam Manufacturing Expo – VME 2023.
This collaboration is orchestrated by RX Tradex in partnership with the Department of Trade Promotion (Vietrade) under the Ministry of Industry and Trade, and the Japan External Trade Organization (JETRO) – Hanoi Representative Office. The exhibition is scheduled to take place from August 9th to 11th, 2023, at the Friendship Cultural Palace – Vietnam – Soviet Friendship Cultural Palace.
This year’s ‘dual exhibition,’ VME-SIE, sees the participation of over 200 entities, including manufacturers, businesses, machinery, and industrial support equipment producers from more than 20 countries. The event features prominent brands from various countries, such as IGUS, LKM, HIWIN, MITUTOYO, KIMSEN, etc. Of particular note are the two dedicated ‘zones’ within the exhibition: the Fastener Fair Vietnam and the Post-processing and Outsourcing Exhibition (ViMAT).
As anticipated, VME-SIE 2023 is expected to attract over 10,000 visitors, including manufacturers, businesses, managers, and engineers active in the fields of industry and manufacturing. According to reported figures, on the very first day of VME-SIE 2023, more than 3,500 visitors were welcomed. The event features remarkable experiential activities, including technology demonstrations, puzzle-solving challenges, digital experiences with Emperia, and networking opportunities at international booths.
Spanning three days, the VME-SIE 2023 ‘dual exhibition’ is poised to foster connections, sharing of achievements in research and product development within the supporting industries sector, thereby contributing to investment and trade cooperation between Vietnam and Japan, as well as on the global market.
Positive Visitors’ Feedback on the Opening Day of SIE and VME 2023
Interviewed on the opening day of the exhibition, Ms. Ness Phan – Director of Berlin Love Vietnam, one of Asia’s fastest-growing consulting firms, shared: ‘This is the second time I’ve attended the VME exhibition. This year, the exhibition showcases a diverse range of components and multiple choices. I will be exploring products and partners that align with our company’s key criteria of pricing and quality.’
Positive Visitors’ Feedback on the Opening Day of SIE and VME 2023
Mr. Ryotaro Horii – Business Development Division at Weathernews, a private weather service company in Japan, also shared: ‘We aim to expand our business in Vietnam and are conducting market research and sales activities in the manufacturing sector. Today, I’ve encountered numerous Japanese companies, presenting a fantastic opportunity to meet potential partners.’
Echoing these positive responses, Mr. Nguyen Dang Ninh – Business Manager at Minh Khang Technical Service & Trading Co., Ltd, mentioned: ‘It’s quite impressive in terms of the exhibition’s scale. I’ve noticed the presence of companies from Taiwan, Japan, China, and fewer products from Vietnam. Hopefully, next year, we will see more Vietnamese-origin products introduced here.’
These favorable responses underscore the enthusiasm of numerous businesses participating in the VME-SIE 2023 ‘dual exhibition.’ The event garners positive reception not only from local entities but also from international corporations and conglomerates. Featuring diverse machinery, exhibition equipment, and high-quality products, the event functions as a vital conduit for trade, facilitating manufacturers in exploring advanced solutions and technologies, all while seeking potential business opportunities for the future.
Expectations for Advancing Investment and Trade Cooperation between Vietnam and Japan in the Supporting Industries Sector
Representing the event’s organizers, Mr. Vu Trong Tai – General Director of RX Tradex Vietnam, shared: ‘According to the World Bank’s biennial report on Vietnam’s economic situation, in order to achieve the goal of becoming a high-income economy by 2045, Vietnam needs to more effectively leverage its diverse service sector, maintaining sustainable productivity growth.
Expectations for Advancing Investment and Trade Cooperation between Vietnam and Japan in the Supporting Industries Sector
This encompasses reforms aimed at enhancing productivity in the service sector and contributing across industries to serve productivity growth in manufacturing, processing, and agriculture. As one of the leading business-connecting entities in the region through conferences and international exhibitions, RX Tradex Vietnam is pleased to collaborate with the Japan External Trade Organization (JETRO) – Hanoi Representative Office and the Department of Trade Promotion (VIETRADE) to bring about the VME-SIE ‘dual exhibition’ as an opportunity for networking and supporting the linkage between component manufacturers, industry-related companies, supporting industries, and related production fields.
Hence, the organization of the Dual Exhibition on VME and SIE Support Industries holds significant importance. It provides Vietnamese enterprises with the opportunity to gather information, receive shared experiences, and enhance production capacity through connections with Japanese partners. This, in turn, accelerates the application and achievements of science and technology in production, ultimately yielding even greater results in the future.”
