Japanese firms eye big opportunities in Vietnamese water sector

As many as 23 Japanese firms are expected to take part in VietWater 2017, Vietnam’s leading international water supply, sanitation, water resources, and purification event this week on November 8-10.

The Japanese Pavilion in focus

Accordingly, the Japanese Pavilion will be launched for the sixth consecutive year, promoting Japanese's high-technology in machinery and water treatment services.

The firms include Ogiso Kentiku Co., Ltd., Takasago Industry Co., Ltd., TAK Manufacturing Co., Ltd., Kowa Trading Co., Ltd., Miura Chemical Equipment Co., Aplus Trading Co., Ltd., and Marusan Kinzoku Corporation.

Five of the Japanese participants are planning to establish units in Vietnam.

At VietWater 2016, a similar number of Japanese companies attended the event with 863 trade exchanges recorded and 87 trade agreements signed worth a total value of JPY500 million ($4.4 million).

"VietWater 2017 is expected to open up wider business opportunities for Japanese firms," said an official of a Japanese firm.

Due to the rising population, economic development, and industrialisation, the demand for daily waste and industrial waste treatment in Vietnam has grown significantly. This has made the country more appealing to foreign investors in the field.

To be held in Ho Chi Minh City, this year's event will attract over 480 exhibitors from 38 countries and regions, as well as 14 international pavilions, including Australia, Belgium, China, the EU, Finland, Germany, Hungary, Singapore, Korea, Taiwan, Thailand, and the UK.

A wide array of cutting-edge technologies, solutions, products, and equipment in all subdivisions of the water and renewable energy industry will be showcased at this business platform. They will give great opportunities to connect and find solutions for managing, operating, and controlling water and energy projects.

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By Bich Thuy