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News 10/25/2018 06:13

“Business Matching Fair in Vietnam”: More than the businesses expectations

On 23rd of October, 2018 in Ho Chi Minh City, Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) together with Mitsubishi UFJ Financial Group (MUFG – Japan) to co-organize the “Business Matching Fair in Vietnam”. The event was highly evaluated by companies from the two countries.

A thorough preparation process has been conducted by VietinBank and MUFG.

Be satisfied with the professional organization

Being organized for the first time in HCMC in December, 2012, Business Matching is an added value service provided by VietinBank to the key customers to expand their business coverage, diversify distribution channels, develop the new market, etc. Thanks to the past experiences, MUFG and VietinBank have carefully prepared for the event "Business Matching Fair in Vietnam”.

VietinBank find and introduce business partners matched with the the client’s business needs through the utilization of our worldwide network of banks and financial institutions. "This is a meaningful event. So many Vietnamese enterprises have demand to export their products to the Japan, but find difficult to find the prestigious partners and customers in this market. Through this event, the potential Japanese customers were carefully selected and introduced, so the businesses would be more secured. This is a good opportunity for us to meet customers that have been filtered prior to the event. I do hope that VietinBank would keep organizing this current event annually, as well as expand it year by year to attract more Japanese corporates into Vietnam and vice versa.” Mr. Bien Viet Nhu – the Chairman, General Director of South Vina Shrimp JSC said.

Nha Be Garment Corporation has twice participated in the Business Matching Fair organized by VietinBank. According to Ms. Phan Hoang Anh – Deputy Head of Sales Department, this is a large-scale event that attracted a number of businesses, particularly from Japan. Nha Be Garment Corporation has been provided with very detailed and specific information on the corporates that they will connect with. The delegations joining the event are mostly business leaders/decision makers, or those who are directly seeking for the purchase orders and business connections; thus, the key benefits to corporates from the fair are showed in a direct way.

Ms. Hoang Anh also highly appreciated the comprehensive preparation process of MUFG and VietinBank: each company was accompanied and supported by VietinBank staff and interpreter for every single business meeting.

“Our desire for this event has been fulfilled through the partners that we have been arranged and connected." - Ms. Hoang Anh said.

The company IGM also had chance to meet two potential Vietnamese companies to cooperate with ina near future, for the 1st time joining Business Matching Fair in Vietnam. The representatives of IGM said that VietinBank and MUFG are two leading banks in both two countries, so that they hope to continue to participate in connecting event organized by the two banks.

Hundreds of collaborative opportunities have been created at the event.

The effect has been seen right at the event

The great success of the Business Matching Fair in Vietnam can be felt by the joy of the business that has found the right partner and explored collaboration opportunity at the event. Sai Gon Private Garment Export Co., Ltd. is one such business. The company director - Ms. Vu Thi Kim Loan excitedly said: we have two appointments with two Japanese corporates to visit our factory right after the event. They would send their request for us to prepare the sample and quotation. Thanks to the very detailed information about the Japanese businesses provided by the event organizers, we have carefully chosen and prepared for the event, leading to the positive results.

Ms. Hoang Bich Ngoc - Deputy Director of Commerce Division, An Phat Group said: "An Phat have a plan to deploy cutting-edge technology into production line, so with the Japanese construction materials manufacturer introduced to us today, we do believe that our collaboration is very potential to reach. This event is very practical and effective in terms of meeting result. First, these are enterprises that truly wish to meet An Phat. Second, both sides did study on each other’s profile, with VietinBank’s great assistance, which leads to quicker results than exhibition fairs that we joined in the past.”

It should be mentioned Nissin Medical, a Japanese medical equipment manufacturing company established in July 2018 and expected to start the production in next April. Hence, the Company's Director came to Vietnam to find partners to supply components for their transportation products. After the meetings, Mr. Kazuki Hattori - Director of Nissin Medical said that he has found a great partner in Vietnam. The establishment of the factory is seen as very promising in the future.

During the process of bringing Business matching service into Vietnamese customers, thousands of meetings have been arranged by VietinBank, creating diverse international collaboration opportunities for Vietnamese corporates. Promoting this advantage, VietinBank will continue to accompany the customers even after the event, in order to realize the cooperation chances made at the business matching fairs.

Minh Minh