Vietnam-Japan online trade exchange to accelerate local supporting industry
VOV.VN - An online trade exchange on the supporting industry is set to be held from July 5 to July 6 in order to help local businesses seek partners, grasp new market trends, and stay updated on the latest cutting-edge technologies.
The occasion is to be jointly organised by the Vietnam Trade Promotion Agency (Vietrade), Vietnam's Trade Office in Japan, and the ASEAN - Japan Center (AJC).
The purpose of the online event is to aid firms operating in the Vietnamese supporting industry to enhance connectivity and seek export opportunities with potential partners in Japan.
Over the years, enterprises in the Vietnamese supporting industry have grown in both quantity and quality, as well as getting more involved in the global production chain.
Furthermore, the number of firms operating in the supporting industry now accounts for approximately 4.5% of the total number of businesses in the processing and manufacturing sector, thereby contributing nearly 11% of the total revenue of the entire processing and manufacturing industry.
Despite these strong figures, the productivity of supporting industry enterprises in many localities remains low due to a shortage of highly-qualified human resources and a general lack of information from providers of raw materials.
Recent years has seen Vietrade continuously organise programmes aimed at helping Vietnamese supporting industries to intensify trade exchanges with Japanese enterprises.
The Ministry of Industry and Trade has also set up three technical centres in support of industrial development in three key economic zones in the North, Central, and South, with the overall goal of helping industrial production enterprises improve productivity and get more involved in the global supply chain., thereby creating added-value products.
