VN firms set to ex­ploit Malaysia op­por­tu­ni­ties

Viet Nam News - - BUSINESS -

Dato’ Hasan Azhari Haji Idris, CEO of In­vest Se­lan­gor Ber­had, the event’s or­gan­iser, said amid the cur­rent global eco­nomic sit­u­a­tion it was im­per­a­tive for ASEAN mem­bers to op­er­ate as a united com­mu­nity and sup­port each other.

HCM CITY — Many Viet­namese firms are set to par­tic­i­pate in the 2018 Se­lan­gor In­ter­na­tional Busi­ness Sum­mit (SIBS) in Malaysia to ex­change in­for­ma­tion and seek busi­ness op­por­tu­ni­ties, a meet­ing heard in HCM City yes­ter­day.

To be held from Septem­ber 6 to 16 at the Malaysia In­ter­na­tional Trade and Ex­hi­bi­tion Cen­tre in Kuala Lumpur, it will fea­ture three main events – the 2018 Se­lan­gor In­ter­na­tional Expo, the 2018 Se­lan­gor-Asean Busi­ness Con­fer­ence, and the 2018 Se­lan­gor Smart City and Dig­i­tal Econ­omy Con­ven­tion.

Dato’ Hasan Azhari Haji Idris, CEO of In­vest Se­lan­gor Ber­had, the event’s or­gan­iser, said amid the cur­rent global eco­nomic sit­u­a­tion it was im­per­a­tive for ASEAN mem­bers to op­er­ate as a united com­mu­nity and sup­port each other.

As the gate­way to ASEAN, Se­lan­gor would act as a cen­tre point that hosts and con­nects a rich net­work of trade in­dus­try play­ers glob­ally by lev­er­ag­ing a solid plat­form like SIBS, he said.

Sofian Ak­mal Abd. Karim, the Malaysian con­sul gen­eral in HCM City, said: “Through its rich net­work, the sum­mit presents op­por­tu­ni­ties for lo­cal and for­eign multi­na­tional cor­po­ra­tions to show­case their prod­ucts and ser­vices. Sub­se­quently, it also acts as a strate­gic av­enue for mar­ket­ing, col­lab­o­ra­tions and part­ner­ships, and pro­vides ex­po­sure as well as in­for­ma­tion on the lat­est tech­no­log­i­cal de­vel­op­ments.”

Faizal Izany, trade coun­sel­lor at the Malaysian con­sulate, said one of the sum­mit’s main events, the food and bev­er­age-fo­cused 2018 Se­lan­gor In­ter­na­tional Expo, would be a good plat­form for Viet­namese food pro­duc­ers to pro­mote their prod­ucts in Malaysia as well as ASEAN and global mar­kets.

Viet­namese en­ter­prises would also have a chance to learn about ha­lal food and how to get the cer­ti­fi­ca­tion to pen­e­trate the huge global ha­lal mar­ket, he said.

Idris said the 2018 SIBS was ex­pected to have a to­tal of 1,000 booths and 25,000 vis­i­tors, up from 691 and 22,071 last year.

At the meet­ing, the Vieät Nam Ex­porters As­so­ci­a­tion and other busi­ness groups based in HCM City said they would send busi­ness del­e­ga­tions to the sum­mit.

Trade be­tween Vieät Nam and Malaysia was worth US$10.06 bil­lion last year af­ter ris­ing by 19 per cent. The two coun­tries are striv­ing to lift their trade to $15 bil­lion by 2020 under their Strate­gic Part­ner­ship frame­work.

Karim said Se­lan­gor was the largest of Malaysia’s 13 states in terms of GDP, mak­ing up about 22.7 per cent of the coun­try’s econ­omy in 2016. It was also one of the most de­vel­oped states and most pop­u­lated, he added.

In­vest Se­lan­gor pro­vides in­for­ma­tion, fa­cil­i­ta­tion ser­vices and start-up and ex­pan­sion as­sis­tance for busi­nesses plan­ning to in­vest in the state. — VNS

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