WTC Binh Duong signs MoU with COEX in Korea for new shows and joint promotion of manufacturing

World Trade Center Binh Duong New City (WTC BDNC) in Vietnam and COEX in Korea have signed a Memorandum of Understanding (MoU) to co-operate in hosting a smart factory and logistics automation exhibition and on executing manufacturing industry innovation programmes in Vietnam. The strategic partnership was agreed on 9 March, including launching ‘Smart Factory + Automation World 2023’ at COEX. The partners estimate 500 exhibitors will be represented at the trade fair. The MoU aims to promote conferences, trade promotion events, and seminars. The parties have also agreed to open ‘Automation World Vietnam’ at the WTC Binh Duong New City Expo (WTC Expo) in September next year. The signing of this business agreement marks an important milestone in the development of the manufacturing industry in Vietnam and should enhance its competitiveness in the global market. Binh Duong Province, where WTC BDNC is located, is one of the Southern Key Economic Regions (SKER) of Vietnam. The province has been attracting foreign investment, with over 4,000 FDI projects worth nearly US$40bn to date. It also boasts the highest per-capita monthly income in Vietnam, making it an attractive location for businesses. With 30 large-scale industrial complexes already in operation, the province has an industrial ecosystem able to support the implementation of the MoU. Ms. Huynh Dinh Thai Linh, CEO of WTC BDNC, said: “We are delighted to support the development of the Vietnamese manufacturing industry through this collaboration and this is an important step towards realising our vision of building Binh Duong into an innovation and technology hub in the manufacturing industry.” More information: https://wtcbinhduong.vn/en/