Reed Tradex ready with Vietnam industrialists to catch new investment wave

reed tradex ready with vietnam industrialists to catch new investment wave hinh 0

The manager noted that 2016 has closed with the great success of the10th year of Reed Tradex in Vietnam. 

The company has welcomed over 30,000 quality visitors in two economic hubs of Vietnam which are Ha Noi and Ho Chi Minh City. 

She cited the World Investment Report 2016 which said FDI inflows to Vietnam have increased considerably, and are expected to continue in growth, confirming the country’s position as the third most attractive country in terms of FDI in Asia, just behind China and India. 

In the past, FDI flows were directed towards light industry, but they are now quickly turning towards heavy industry, real estate, franchise and tourism. With the positive effects from FDI, Vietnam now produces high value-added products such as smart phones and tablets.

Vietnam’s science and technology development strategy until 2020 requests a 15-20% of technological improvement a year. It means that after five years, a new generation of technology must replace the old one. 

As a business promoter, especially in manufacturing industry, Reed Tradex does believe that it is not about using the most modern technology, but the right technology will help Vietnam to narrow the gap with hi-tech world’s demand. 

It will coordinate with organizations and experts in the industry, also the businesses who are holding the technology, to implement the transmission of knowledge resources, technology transfer and exchange of the ability to apply technology and machinery practically, with highest financial efficiency for the manufacturers in Vietnam.

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