METALEX Vietnam 2020 & Supporting Industry Show 2020 adapt to the ‘new normal’ with digital transformation

14:59 | 08/10/2020 Events

(VEN) - “METALEX Vietnam 2020”, Vietnam’s leading exhibition on machine tools and metalworking industry, is going to be converted to an online format on October 23 – 24 to keep Vietnam’s machine tools & metalworking industry connected.

This year, Reed Tradex Vietnam has cooperated with Japan External Trade Organization (JETRO) in Ho Chi Minh City, Investment & Trade Promotion Centre (ITPC) and Ho Chi Minh City Centre of Supporting Industries Development (CSID) to introduce “Supporting Industry Show 2020” within the virtual “METALEX Vietnam 2020” to strengthen the long-term relationship between the Vietnam-Japan supporting industries.

With the combination of METALEX Vietnam and Supporting Industry Show 2020, the joint events will be a comprehensive destination for the manufacturing, metalworking and supporting industry community. In addition, a Vietnamese – Japanese matchmaking event will be happening at Hotel Nikko Saigon during two show days with various activities such as tailor-made business matchmaking programs, technology showcases, seminars, business consultancy, etc.

Mr. Vu Trong Tai, General Manager of Reed Tradex Vietnam, the organizer of METALEX Vietnam 2020 said: “Vietnam has proven to remain an attractive investment destination for foreign enterprises thanks to its relatively developed infrastructure along with improvement in living standard. Despite of the COVID-19 pandemic, Vietnam is expected to quickly become an attractive business market.

“This is due to the constantly moving economy, various strategic investment promotion policies, along with the trade agreements signed recently. According to the newly published Global Economic Outlook report by Oxford Economics, the recovery prospects look brightest for Vietnam and the country is expected to be the only Southeast Asian economy to record positive growth this year.”

“In order to seize opportunities from global supply chain diversification, Vietnamese industrialists should enhance their competitiveness by upgrading machineries and technologies contributing to productivity improvement and consumption reduction, as well as developing human resources”, he added.

Huong Ngoc