Vietnamese products on show at India’s engineering, technology fair
Vietnamese businesses are displaying their products via an online pavilion at the 24th International Engineering & Technology Fair (IETF 2021) of India.
The virtual platform of the 24th International Engineering & Technology Fair, held by the Confederation of Indian Industry (Photo: VNA)
Hanoi (VNA) – Vietnamese businesses aredisplaying their products via an online pavilion at the 24th InternationalEngineering & Technology Fair (IETF 2021) of India.
Among Vietnamese exhibitors, the Rang Dong LightSource & Vacuum Flask JSC showcases fishing lights and vacuum flasks. TheTHACO Chu Lai Mechanical Complex Co. Ltd introduces products of precisionmechanics and automobile and motorbike spare parts. Meanwhile, the Son HaGroup, with about 30 percent of its export revenue coming from India, displayswater heaters, water tanks, and stainless steel pipes.
The IETF, held biennially since 1975 by theConfederation of Indian Industry, is a leading exhibition for technology,machinery, equipment, electronics, mechanics, and electrical devices.
This year’s event features the most advancedmachinery and technologies in such areas as environment and water and airpollution control, logistics solutions, metallurgical technology,infrastructure and property construction technology, smart building,automation, and 3D printing and related technologies.
Fairs on artificial intelligence, health andmedical technology, mobile solutions, and game technology also are also takingplace on the sidelines of IETF 2021.
Joining major businesses of India are a largenumber of firms from many countries, including the Netherlands, Germany,Romania, Bulgaria, the Republic of Korea, Malaysia, and Vietnam.
The IETF 2021, scheduled to last through March24, also serves as a platform for specialised conferences and online events forbusinesses to seek partners and cooperation chances./.
The International Expo on Support Industries and Processing - Manufacturing (VIMEXPO) 2020 kicked off in Hanoi on December 9, featuring nearly 250 stalls from over 170 exhibitors.
The first virtual Vietnam Sourcing Expo on “Build and Home Décor” has been launched in Australia in the context that the trade relations between the two countries are thriving and more and more Australian enterprises are seeking to diversify sources of foreign supply.
Vietnam’s largest ICT firm FPT Software has opened a new office in India, adding to its global footprint of more than 50 offices across the Asia Pacific, Europe, North America, and the Middle East.
Six Vietnamese firms are among exhibitors at a virtual international agricultural expo in Algeria held by Andalus Trade, Show, Exhibits and Events (Andalus Tsee) from January 1 – 31.
Garment, food processing, pharmaceuticals, information technology (IT), construction materials, and renewable energy are fields of potential where businesses from Vietnam and India can bolster investment in the time to come.
The Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.
In mid-June, the Vietnam Trade Promotion Agency (VIETRADE) at the Ministry of Industry and Trade (MoIT) in collaboration with Alibaba.com announced a list of 200 outstanding businesses selected to participate in the "Vietnam National Pavilion" in 2025.
Vietnamese seafood processing and export enterprises are in the process of completing procedures and adopting necessary technologies to bring their products into the Halal market.
The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The virtual platform of the 24th International Engineering & Technology Fair, held by the Confederation of Indian Industry (Photo: VNA) 
