The ongoing China-American trade war will likely have heavy consequences for Vietnam's manufacturing, services and trade sectors. Many said the trade conflict had positively affected the country over the short term. However, if the war continues, local firms may become vulnerable as the global economy cannot avoid the chaos.
Accordingly, the Saigon Times Group and Bluescope Vietnam, one of the leading suppliers of steel products and solutions, co-organized the conference, themed, “China-U.S. trade war:What is the outlook for Vietnamese enterprises?” to help local firms gain deep insights into the trade friction and prepare responses to cope with the economic impact of the conflict.
At the conference, associate professor Dr. Tran Dinh Thien, former director of the Vietnam Institute of Economics and currently a member of the Prime Minister’s economic consulting team, will give an overview of the Sino-American trade war, along with its impact on the Vietnamese economy in general, and local firms in particular.
In addition, Thien will share with participants which sectors will be vulnerable to the war and which ones can reap benefits from it.
With in-depth knowledge of the trade row’s effects on enterprises, Nguyen Thi Thu Trang, director of the WTO Center under the Vietnam Chamber of Commerce and Industry (VCCI), will talk about how local firms can leverage advantages and minimize obstacles in the context of the trade war.
Apart from this, the conference will gather many speakers operating businesses in various fields such as Vo Minh Nhut, general director of NS Bluescope, and Ho Duc Lam, chairman of the Vietnam Plastics Association and chairman of the board of directors at Rang Dong Plastic company.
They will give vivid examples of the effects of the trade conflict on their sectors and measures to deal with these effects.
Meanwhile, Vu Quang Thinh, managing director of Dynam Capital, which manages the Vietnam Holding investment fund, will serve as the event’s moderator. He has deep insights on domestic companies’ and the local economy’s changes, brought about by the trade.
Besides this, the event’s master of ceremonies (MC) is Tran Quoc Khanh, a professional MC who hosts prestigious economic conferences.
The conference will start at 8 a.m. on Friday, November 23, at Adora Dynasty Convention Center, located at No.1 Ton That Tung in HCMC’s District 1.
Interested attendees should contact Truc Nhu, executive of the External Affairs Division at the Saigon Times Group, via email at firstname.lastname@example.org or mobile phone 0902.525.180, or on the approved Google link before Wednesday, November 21. Participants will receive an invitation letter after registering through the given link.
The event offers free admission and has limited seats, so interested attendees should make a reservation as soon as possible.