For most of its history Vietnam has been an agricultural nation, but that’s changing; the economy is growing fast and international trade is growing steadily. Goldman Sachs believe Vietnam could be one of the world’s fastest-growing markets in just a few years, and as you’d expect all this economic activity has generated a thriving construction industry. The big event for that industry is the Vietnam International Construction & Building Exhibition, which this year will run from 1-3 July at the Saigon Exhibition & Conference Center.
VICB isn’t as large as exhibitions in more established markets like China, but like Vietnam’s economy it’s growing strongly. Last year there were 102 exhibitors from thirteen countries; this year over 300 are expected. VICB attracts plenty of companies from the USA and Europe but its real strength is as a showcase for Asian businesses. Major economies like Japan, China and Korea will be well represented and there will also be many exhibitors from other growing regional markets including Malaysia, Singapore and Thailand. Of course Vietnamese firms will play a very prominent role, too.
Current and planned construction projects in Vietnam include state of the art buildings and infrastructure, and both local and regional companies have stepped up to service that demand for products. Products on display will cover the full range, from structural materials to high quality finishes. Exhibitors at VICB will be showing off everything you need to carry through a project including climate and security systems, building automation, security technology and lighting. Project services are also well represented. Three sub-exhibitions – lighting, security & fire, and RAHV – are running beside VICB and look like being very valuable for specialists.
Because Vietnam is in the process of liberalizing the economy, and regulations are changing rapidly, it’s vital to stay up to date with current developments. VICB is the perfect opportunity to do that; you’ll be able to speak to local professional bodies about the best way to proceed, as well as network with Vietnamese and international companies with experience of operating there. The contacts you make at this event will be an invaluable help when you start working in Vietnam’s building market.
This year will be the ninth VICB and it looks like being the best yet by a long way. With over 100,000 square feet of exhibits planned it’s an event that nobody who wants to do business in Vietnam should miss. Entry to VICB is free; simply sign up at the event website.
Tags VICB