One of the largest trade fairs in Vietnam, Vietnam Expo 2017 themed “Enhancing Regional and Global Economic Links” will take place from April 19-22, creating an effective bridge for trade and investment between Vietnam and foreign countries all over the world.
The annual Vietnam Expo’s 2017 edition is expected to welcome businesses whose brands have been awarded Vietnam Value-the symbol of prestige, quality, and being a representative for Vietnam in the domestic market as well as active brand development in international markets. Highlighted names at expo include Binh Minh Plastics Company, Duy Tan Plastics Manufacturing Company, Danang Rubber Manufacturing Company, Tran Phu Electronic and Mechanics Company, Vietnam Electric Equipment Company, and Habeco, among others.
Vietnam International Trade Fair (Vietnam Expo), organised annually by Vinexad under the patronage of the Ministry of Industry and Trade (MoIT) and Vietnam Trade Promotion Agency (Vietrade) over the last two decades, is recognised as the most effective trade promotion event as it brings about a lot of values for organisations, enterprises, and individuals both in Vietnam and overseas.
During the exhibition, the forum on Vietnamese exports, the industrial park fact-finding tour, and the business connection event will be held to add further values to businesses.
Bui Huy Son, director general of Vietrade, said the coming exhibition will be a good place for local and foreign businesses to forge new connections as well as help them to improve the design for their business and products.
Vietnam Expo 2017 expects to host 500 enterprises from 23 countries and territories, including APEC members, covering an area by 600 booths. So far, the organiser has received acceptance letters from businesses from Belarus, Uganda, Singapore, and the Czech Republic, Japan, Malaysia, India, South Korea, China, and numerous local companies.
This year, South Korea will be an honourable guest at the expo, celebrating the time-tested trade relation between the two countries. In 2016, Korea sent 111 enterprises in cosmetics, food, beverage, textiles, commodities, pharmaceuticals, electronics, and industrial manufacturing machinery to the exhibition. These products will see tax exemption under the FTA that came into effect in December 2015. Via this accord, 11,679 tariffs applicable to Vietnamese products and 8,529 tariffs applicable to Korean products will be cut. These tariffs are expected to be ultimately removed to facilitate trading between the two countries.
Last year, the event attracted 500 firms from 23 countries and territories and consisted of 620 booths. Particularly, there were six national booths belonging to Algeria, Belarus, Cuba, Korea, China, and Vietnam and 14 trade promotion centres from participating provinces and cities.