Sri Lanka participates at the Vietnam Expo for the first time.
Ada Derana: Export Development Board (EDB) in collaboration with the Sri Lanka Embassy in Vietnam arranged the first-ever participation of Sri Lankan businesses at the 20th edition of Viet Nam Expo, which was held from 1st to 3rd December 2022 at Sai Gon Exhibition & Convention Center (SECC) in Ho Chi Minh City.
Representing Sri Lankan businesses, Hemas Manufacturing (Pvt) Ltd, Ceylon Fresh Teas (Pvt) Ltd, Ceylon Biscuits Ltd, Kelani Cables PLC, OREL Corporation Private Limited, and the four (4) SME companies viz. Healthy Foods Lanka Exports (Pvt) Ltd, Kandrick Tea Beverages Lanka (Pvt) Ltd, Dehami Products and Success Holdings (Pvt) Ltd participated at the Expo.
The Sri Lankan companies received well over 100 trade inquiries and held a large number of business meetings with interested parties. They have also interacted with over 20 potential buyers of products, mainly in the areas of electric cables, industrial electric products, cinnamon products, and various types of tea.
The Sri Lanka Pavilion was ceremonially opened by Mrs. Nguyen Van Nga, Director General, Agency for Southern Affairs of the Ministry of Industry and Trade of Viet Nam, Mrs. Bui Hoang Yen, Deputy Representative of Vietnam Trade Promotion Agency in Ho Chi Minh City and Mr. Nguyen Khac Luan, President – General Director, Vinexad Advertising and Trade Fair Joint Stock Company, by lighting the oil lamp and ribbon cutting.
The Expo provided an excellent platform for a variety of product sectors, such as Machinery & Electronics, Hardware & Hand Tools, Food & Propack, Garden & Landscape, and an International Pavilion, where countries displayed their unique products. Being the biggest trade Expo, Viet Nam Expo consisted of approximately 550 booths, with representation from 20 countries and 13,000 visitors.
Sri Lanka’s manufacturing and exports sectors have shown a steady growth despite challenging economic conditions. Given the expanding growth and business potential in the country’s manufacturing and exports sectors, local authorities have taken steps to promote local products at various international fora and exhibitions. The positive responses received at the expos have given a further impetus to Sri Lanka’s manufacturing and exports sectors. The many trade agreements as well as trade concessions enjoyed by the country have also helped boost Sri Lanka’s exports to the international market. With the local manufacturing and exports sectors on the growth path, foreign businesses/investors could confidently explore the expanding opportunities in these two sectors. They could also look at forming partnerships or joint ventures with local businesses engaged in the manufacturing and exports sectors.
|Article Code :||VBS/AT/11012023/X_3|