Vietnam has given priority to developing support industries because they play an important role in industrialisation and modernisation, said the Deputy Minister of Industry and Trade (MoIT) Tran Tuan Anh.
Vietnam is still a potential market despite the fact that the underdevelopment of its support industry remains one of the barriers to foreign investors.
Many Vietnamese companies will for the first time exhibit products at Thailand's largest exhibition on manufacturing and support industries in Bangkok from June 21-24.
Thailand Reed Tradex Co, one of the leading exhibition organisers in Southeast Asia, has announced it will organise a business trip to Hanoi starting on May 23.
In recent years, the development of science, technology and related support industries has contributed significantly to the economy of ASEAN member nations, including Vietnam.
Educationalists will be given the chance to view the latest advances in teaching equipment when the Hanoi International Exhibition Centre hosts Worlddidac Vietnam 2008.
Vietnam is considered to have huge potential and a lucrative market that has recorded its fastest growth rate ever in 2007. The electronics manufacturing and automobile industries in particular are currently booming, said Chainarong Limpkittisin, Deputy Managing Director and General Manager of Vietnam Reed Tradex Company Ltd.