Factory Network Business Expo underway in Hanoi

Thursday, 2017-02-23 09:49:33
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Delegates cutting ribbon to open the expo (Photo: kinhtedothi.vn)
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NDO – The first Factory Network Business Expo kicked off in Hanoi on February 23, bringing together 138 businesses from Vietnam, Japan, Thailand, China and Singapore.

The two-day event, which attracted many major Japanese groups such as Toyota, Canon, Honda, Yamaha and Tamron, was co-organised by the Hanoi Department of Industry and Trade along with Japan’s NC network Co., Ltd.

Taking place at the same time as the 2017 Japan Parts and Processing Exhibition, hosted by the Japan External Trade Organisation (JETRO), it aims to provide an opportunity for Vietnamese and Japanese businesses to foster exchange and cooperation in the mechanical engineering industry as well as boost the application of advanced technology in the manufacturing sector.

According to Nguyen Doan Toan, Vice Chairman of Hanoi city People’s Committee, Hanoi is now home to around 470 businesses operating in the supporting industry, with 250 of them working in mechanical engineering, 132 others in electronics, and 85 businesses in garment and textile.

He stressed that Hanoi always treasures cooperation with Japan in all fields, particularly the economics mechanical engineering industry in particular.

Holding that Japan has strong advantages as one of world’s leading economies with advanced science and technology, Hanoi co-hosted the trade fair with the hope of helping Vietnamese businesses to gain access to advanced technologies and further their participation in the global production networks, he said.