On June 10,2010 at Ballroom 1 Sheraton Saigon Hotel & Towers, HCMC, Vietnam, Mr.Yoshida Sakae, Managing Director of JETRO, Ho Chi Minh Office, Mr. Nguyen Anh Ngoc, Deputy Director of The Investment & Trade Promotion Centre of Ho Chi Minh City and Ms. Nichapa Yoswee, Managing Director of Reed Tradex, attended a contract signing ceremony for JETRO to officially confirm its co-location at METALEX Vietnam 2010, to network with Japanese Industrialists for machinery import reduction and urge Vietnamese SMEs to develop higher competitiveness for Japan’s investment expansion. Don’t miss MEGA Show for Metalworking Industries this October

Ms. Nichapa Yoswee, Managing Director of Reed Tradex Company, Thailand and Vietnam’s #1 exhibition and conference organizer, said that  “METALEX Vietnam 2009” the3^rd edition of the metalworking machinery and technology exhibition closed with a high note as Exhibitors were satisfied with the quality of business opportunities and the organization of the show, and Visitors were enthusiastic about the new machine tools and metalworking technologies they experienced and obtained at the event. The total of 6,659 Vietnamese industrialists from across Vietnam and trade missions from many countries attended METALEX Vietnam 2009 and discovered new technologies Vietnamese manufacturing industrialists purchased new technologies to improve their production efficiency and made the investment to save cost and increase business sustainability.

This year in METALEX Vietnam 2010, several countries have confirmed their continuous participation in international pavilions. They are as follows:BoI Unit for Industrial Linkage Development (BUILD) Pavilion from Thailand, Singapore Pavilion, UK Pavilion, Japan Pavilion, Turkey Pavilionand the exhibition of Japan External Trade Organization (JETRO). 

 “METALEX Vietnam” is the most comprehensive machine tools and metalworking technology trade exhibition and conference in Vietnam. As a part of “METALEX” series, the largest event in ASEAN, “METALEX Vietnam 2010” is where 500 global brands from 25 countries launch their innovations to over 7,000 Vietnamese industrialists. Unique professionalism of the organizer has cast “METALEX Vietnam 2010” to be the most significant manufacturing event in Vietnam.  Elite manufacturing executives and industrialists across Vietnam and trade missions from overseas choose to attend the event because “METALEX Vietnam,” with its 20 conferences, technology presentations and other special activities, both pre-show and onsite, is the center of manufacturing innovations, knowledge, ideas, and international business opportunities.

Key Highlights Onsite ‘METALEX Vietnam 2010’ are as follows

• Electronics Assembly 2010, The International Machinery Expo for Electronics Parts and Components Manufacturing, with unique features as follows: • Surface Mount Technology Equipment and Services • Test and Measurement Equipment and Services • Electronics Manufacturing Services • Electronics Components and Mobile Phone Components • Products Related to Precision Component Parts and Metal Parts • Inspection and Maintenance Instruments and Equipments • Vehicle Electronics Units • Vehicle Communication and Navigation System

• HI-TECH Zone, A special showcase of high-tech machinery and technologies from China, Japan, Korea and Taiwan R.O.C., including hydraulic, press-brake machine, water jet cutting machine and CNC lathe.
• Robot Demonstration, Located in the “HI-TECH Zone,” “Robot Demonstration” unveiled extraordinary capacities of “Motoman,” an intelligent industrial robot which could use laser to both cut and weld metals.

“ This is a great opportunity that Japan External Trade Organization (JETRO,) Ho Chi Minh Office, has confirmed to co-locate the 4th "Exhibition on Supporting Industries in Ho Chi Minh City" which will beco-organized by the Ho Chi Minh City Investment and Trade Promotion Center (ITPC) and the Japan External Trade Organization (JETRO)with "METALEX Vietnam 2010"! Considering the current economic challenge, a quality international exhibition is a great and cost effective investment tool for industrialists and manufacturers.  Sellers use the exhibition as a tool to maintain brand awareness, market expansion, and entry into the desired target groups in a direct manner. Buyers visit the exhibition to see the machinery and technologies from all over the world which will give them ideas to develop and improve their capability and competitiveness. Vietnamese do not have to travel abroad to do this, and have the opportunity to discuss details directly with the technology owners in an atmosphere conducive to business negotiations. Over three days of the show, more than 7,000 visitors are expected. So, this is a very important opportunity that industrialists, manufacturers and businessmen in Vietnam should not miss MEGA Show for Metalworking Industries this October” said Nichapa

Mr. Yoshida Sakae, Managing Director of Japan External Trade Organization (JETRO) Ho Chi Minh Office said that Vietnam is one of the promising countries for Japanese companies. Amid the crisis period, Vietnam’s GDP can grow by 6.5% in 2010. Some institutes are more opportunistic that the GDP can expand by 8%. Everything is booming in Vietnam. Retail consumption rises by 18%. Demand for literacy increases by 15% every year. The total amount of Foreign Direct Investment (FDI) for newly approved projects, in 2006: USD 9 billion, in 2007: USD 17 billion, in 2008: USD 66 billion (in huge steel making and refinery projects), in 2009: USD 16 billion and in 2010: USD 22-25 billion. HCMC alone expects to attract a total pledged foreign direct investment of USD 8.4 billion.

By 2020, Vietnam will become an industrialized country with sufficient supplies of raw materials and basic fuels. Currently, Japanese are the biggest foreign investors in the country in terms of investment size, due to the advantages in low labour cost and a larger market.

Sumitomo will open a steel plate manufacturing hub in Vietnam, with total production value of USD 1 billion. In Vietnam, Japanese companies focus on components (e.g. small motors for the automotive industry’s export) and textiles. Vietnam has lower labor cost, and is suitable for marketing- or sales-based i.e. distribution outlets for Japanese products into Vietnam. We would like to urge Vietnamese SMEs to develop higher competitiveness for Japan’s investment expansion.

 “This is JETRO’s first-time participation in 'METALEX Vietnam. We are confident that Reed Tradex’s professionalism and expertise, which is well-accepted in Vietnam, will make this trade fair a real industrial platform between buyers and sellers to meet and create wider business networks, particularly for Japanese investors to expand their businesses in Vietnam.said Mr. Sakae.

He noted that some 1,200 Japanese companies were operating in Vietnam, about half of them in manufacturing. For foreign companies in the manufacturing industry, they need raw material, parts and subcomponents to make or assemble their final products. So they need various kinds of suppliers of raw material, subcomponents, and services

Mr. Nguyen Anh Ngoc, Deputy Director of The Investment & Trade Promotion Centre of Ho Chi Minh City said thatthe 4th "Exhibition on Supporting Industries in Ho Chi Minh City"isfocused on parts and accessories. The participants are Japanese companies who expect to purchase parts and accessories in Vietnam and Vietnamese companies who expect to provide parts and accessories for Japanese and other companies (such as Taiwanese and Korean…). This exhibition is an opportunity to find out new purchasers and new suppliers. Exhibit fields 2- wheel and 4-wheel vehicle parts; electric and electronic accessories; mechanic parts; metal and plastic outwork (foundry, forging, plastic injection, mould, sheet metal works, plastic processing, plating etc), packaging materials, and other accessories) In the JETRO Exhibition, to be co-located with METALEX Vietnam, there will be over 100 companies mainly in automobile, motorcycle and electronics parts manufacturing industries. Half of them are Japanese companies in Vietnam and directly from Japan, while the other half are local joint ventures.

METALEX Vietnam2010” and the 4^th Exhibition on Supporting Industries in Ho Chi Minh City by Japan External Trade Organization (JETRO) Ho Chi Minh Office will be organized during 7–9 October 2010 at Saigon Exhibition & Convention Center (SECC), Nguyen Van Linh Parkway, District 7, Ho Chi Minh City, Vietnam. For more information please visit www.metalexvietnam.com or E-mail: metalexvietnam@reedtradex.co.th

Press need more information please contact Ms Kasinee : Kasinee.phan@reedtradex.co.th

Ms. Nichapa Yoswee, Managing Director of Reed Tradex Company, Thailand and Vietnam’s #1 exhibition and conference organizer, said that  “METALEX Vietnam 2009” the3^rd edition of the metalworking machinery and technology exhibition closed with a high note as Exhibitors were satisfied with the quality of business opportunities and the organization of the show, and Visitors were enthusiastic about the new machine tools and metalworking technologies they experienced and obtained at the event. The total of 6,659 Vietnamese industrialists from across Vietnam and trade missions from many countries attended METALEX Vietnam 2009 and discovered new technologies Vietnamese manufacturing industrialists purchased new technologies to improve their production efficiency and made the investment to save cost and increase business sustainability.

This year in METALEX Vietnam 2010, several countries have confirmed their continuous participation in international pavilions. They are as follows:BoI Unit for Industrial Linkage Development (BUILD) Pavilion from Thailand, Singapore Pavilion, UK Pavilion, Japan Pavilion, Turkey Pavilionand the exhibition of Japan External Trade Organization (JETRO). 

 “METALEX Vietnam” is the most comprehensive machine tools and metalworking technology trade exhibition and conference in Vietnam. As a part of “METALEX” series, the largest event in ASEAN, “METALEX Vietnam 2010” is where 500 global brands from 25 countries launch their innovations to over 7,000 Vietnamese industrialists. Unique professionalism of the organizer has cast “METALEX Vietnam 2010” to be the most significant manufacturing event in Vietnam.  Elite manufacturing executives and industrialists across Vietnam and trade missions from overseas choose to attend the event because “METALEX Vietnam,” with its 20 conferences, technology presentations and other special activities, both pre-show and onsite, is the center of manufacturing innovations, knowledge, ideas, and international business opportunities.

Key Highlights Onsite ‘METALEX Vietnam 2010’ are as follows

• Electronics Assembly 2010, The International Machinery Expo for Electronics Parts and Components Manufacturing, with unique features as follows: • Surface Mount Technology Equipment and Services • Test and Measurement Equipment and Services • Electronics Manufacturing Services • Electronics Components and Mobile Phone Components • Products Related to Precision Component Parts and Metal Parts • Inspection and Maintenance Instruments and Equipments • Vehicle Electronics Units • Vehicle Communication and Navigation System

• HI-TECH Zone, A special showcase of high-tech machinery and technologies from China, Japan, Korea and Taiwan R.O.C., including hydraulic, press-brake machine, water jet cutting machine and CNC lathe.
• Robot Demonstration, Located in the “HI-TECH Zone,” “Robot Demonstration” unveiled extraordinary capacities of “Motoman,” an intelligent industrial robot which could use laser to both cut and weld metals.

“ This is a great opportunity that Japan External Trade Organization (JETRO,) Ho Chi Minh Office, has confirmed to co-locate the 4th "Exhibition on Supporting Industries in Ho Chi Minh City" which will beco-organized by the Ho Chi Minh City Investment and Trade Promotion Center (ITPC) and the Japan External Trade Organization (JETRO)with "METALEX Vietnam 2010"! Considering the current economic challenge, a quality international exhibition is a great and cost effective investment tool for industrialists and manufacturers.  Sellers use the exhibition as a tool to maintain brand awareness, market expansion, and entry into the desired target groups in a direct manner. Buyers visit the exhibition to see the machinery and technologies from all over the world which will give them ideas to develop and improve their capability and competitiveness. Vietnamese do not have to travel abroad to do this, and have the opportunity to discuss details directly with the technology owners in an atmosphere conducive to business negotiations. Over three days of the show, more than 7,000 visitors are expected. So, this is a very important opportunity that industrialists, manufacturers and businessmen in Vietnam should not miss MEGA Show for Metalworking Industries this October” said Nichapa

Mr. Yoshida Sakae, Managing Director of Japan External Trade Organization (JETRO) Ho Chi Minh Office said that Vietnam is one of the promising countries for Japanese companies. Amid the crisis period, Vietnam’s GDP can grow by 6.5% in 2010. Some institutes are more opportunistic that the GDP can expand by 8%. Everything is booming in Vietnam. Retail consumption rises by 18%. Demand for literacy increases by 15% every year. The total amount of Foreign Direct Investment (FDI) for newly approved projects, in 2006: USD 9 billion, in 2007: USD 17 billion, in 2008: USD 66 billion (in huge steel making and refinery projects), in 2009: USD 16 billion and in 2010: USD 22-25 billion. HCMC alone expects to attract a total pledged foreign direct investment of USD 8.4 billion.

By 2020, Vietnam will become an industrialized country with sufficient supplies of raw materials and basic fuels. Currently, Japanese are the biggest foreign investors in the country in terms of investment size, due to the advantages in low labour cost and a larger market.

Sumitomo will open a steel plate manufacturing hub in Vietnam, with total production value of USD 1 billion. In Vietnam, Japanese companies focus on components (e.g. small motors for the automotive industry’s export) and textiles. Vietnam has lower labor cost, and is suitable for marketing- or sales-based i.e. distribution outlets for Japanese products into Vietnam. We would like to urge Vietnamese SMEs to develop higher competitiveness for Japan’s investment expansion.

 “This is JETRO’s first-time participation in 'METALEX Vietnam. We are confident that Reed Tradex’s professionalism and expertise, which is well-accepted in Vietnam, will make this trade fair a real industrial platform between buyers and sellers to meet and create wider business networks, particularly for Japanese investors to expand their businesses in Vietnam.said Mr. Sakae.

He noted that some 1,200 Japanese companies were operating in Vietnam, about half of them in manufacturing. For foreign companies in the manufacturing industry, they need raw material, parts and subcomponents to make or assemble their final products. So they need various kinds of suppliers of raw material, subcomponents, and services

Mr. Nguyen Anh Ngoc, Deputy Director of The Investment & Trade Promotion Centre of Ho Chi Minh City said thatthe 4th "Exhibition on Supporting Industries in Ho Chi Minh City"isfocused on parts and accessories. The participants are Japanese companies who expect to purchase parts and accessories in Vietnam and Vietnamese companies who expect to provide parts and accessories for Japanese and other companies (such as Taiwanese and Korean…). This exhibition is an opportunity to find out new purchasers and new suppliers. Exhibit fields 2- wheel and 4-wheel vehicle parts; electric and electronic accessories; mechanic parts; metal and plastic outwork (foundry, forging, plastic injection, mould, sheet metal works, plastic processing, plating etc), packaging materials, and other accessories) In the JETRO Exhibition, to be co-located with METALEX Vietnam, there will be over 100 companies mainly in automobile, motorcycle and electronics parts manufacturing industries. Half of them are Japanese companies in Vietnam and directly from Japan, while the other half are local joint ventures.

METALEX Vietnam2010” and the 4^th Exhibition on Supporting Industries in Ho Chi Minh City by Japan External Trade Organization (JETRO) Ho Chi Minh Office will be organized during 7–9 October 2010 at Saigon Exhibition & Convention Center (SECC), Nguyen Van Linh Parkway, District 7, Ho Chi Minh City, Vietnam. For more information please visit www.metalexvietnam.com or E-mail: metalexvietnam@reedtradex.co.th

Press need more information please contact Ms Kasinee : Kasinee.phan@reedtradex.co.th