Vietnamese corporations attend IT, industrial expo in Germany

A delegation of 12 Vietnamese enterprises is participating on this planet main industrial and IT honest Hannover Messe in Germany in a bid to showcase merchandise, examine the market, and type partnerships.

Highlighting environmentally pleasant manufacturing, this 12 months’s expo attracts some 4,000 exhibitors from 100 nations worldwide. The Vietnamese delegation is shipped to the occasion by the Vietnam Software program and IT Companies Affiliation (VINASA).

Vietnamese firms attend IT, industrial expo in Germany
On the Vietnamese stall – Picture: VNA

On the Vietnamese area on April 17, VINASA along with the Vietnamese Commerce Workplace in Germany held a networking occasion themed ‘industrial digital transformation’.

Vu Phuong Thao, director of VINASA’s enterprise improvement companies division, stated that is the third time affiliation has despatched Vietnamese corporations to the honest.

Based on her, Vietnam’s ICT business reeled in about 148 billion USD in income final 12 months, up 8.7% year-on-year. Turnover of the software program and IT companies contributed greater than 1.97 billion USD to the sum, and is anticipated to hit 50 billion USD and 150 billion USD within the subsequent 10 and 20 years, respectively.

Do Viet Ha from the commerce workplace stated digital transformation is amongst key cooperation sectors talked about by the Vietnamese Ministry of Trade and Commerce and German Federal Ministry for Financial Affairs and Local weather Motion within the minutes of the 2nd session of the Vietnam-Germany joint committee on financial cooperation. This, coupled with the EU-Vietnam Free Commerce Settlement taking impact, is conducive to the edges’ capitalisation on their collaboration potential in know-how, she famous.

Nguyen Manh Hai, the counselor overseeing the Vietnamese Embassy’s funding part, stated that Germany is among the largest ICT markets on this planet and the biggest software program market in Europe with about 100,000 IT corporations.

Hai stated ample room stays for two-way funding in digital know-how and transformation, which is required to be actively tapped by the Vietnamese and German sides within the close to future for improved cooperation and funding in associated companies.

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