ATxEnterprise Alliance Business Development Mission 2024
Unlock New Market Opportunities in Vietnam
About the Mission
Dive into the vibrant Vietnamese market with the ATxEnterprise Alliance Business Development Mission 2024. This mission is your gateway to exploring new business horizons, leveraging our robust technology and ministerial networks to create meaningful connections. Our goal is to foster dynamic collaborations between solution providers and Vietnamese tech companies, offering a powerful platform to showcase your cutting-edge products and services. Join us to drive business growth and amplify the Vietnam-Singapore Partnership for Growth and Innovation.
Mission Goals
Enhance Collaboration
Forge impactful partnerships between international solution providers and Vietnamese tech companies. This mission will facilitate direct engagements through structured meetings and networking events, enabling participants to build lasting business relationships. By connecting with key stakeholders and decision-makers in Vietnam, you can identify new opportunities for collaboration and joint ventures that drive mutual growth and innovation.
Spotlight Technology
Showcase your innovative products and services in key sectors such as Fintech, Telecommunications, E-commerce, Manufacturing, and Broadcasting Equipment. The mission provides a platform to demonstrate your solutions to a wide audience, including potential partners, buyers, and government officials. Highlight your technological advancements and gain insights into the Vietnamese market's needs and preferences, positioning your company as a leader in the industry.
Strengthen Partnerships
Bolster the Vietnam-Singapore Partnership for Growth and Innovation. By participating in this mission, you will contribute to the ongoing collaboration between these two dynamic economies. Engage in high-level discussions with Vietnamese officials and business leaders to reinforce the strategic alliance and explore new avenues for cooperative growth. Your involvement will help solidify the economic and technological bonds between Vietnam and Singapore, paving the way for future initiatives and collaborations.
Vietnam – A Rising Destination for Foreign Direct Investment (FDI)
Why Join the Mission?
expand_less- Industrial Growth and Opportunities
- Post-pandemic growth with favorable investment policies.
- Strategic location with abundant natural resources.
- Government efforts to attract and improve foreign investment environment.
- Expanding Vietnamese Companies
- Companies like VinFast moving headquarters to Singapore for better market access.
- Singapore as Vietnam's largest source of foreign investment amid global supply chain shifts.
- Digital and Tech Potential
- 5th highest internet penetration in Southeast Asia with 70% internet and 67% smartphone usage.
- Booming technology sector with strong government support, attracting giants like Google and Microsoft.
- Economic Growth and Strategic Location
- Consistent economic growth driven by manufacturing and a growing middle class.
- Situated at global trade crossroads, offering access to major markets in Asia, Europe, and America.
- Shared borders with China, Laos, Cambodia, and an extensive coastline facilitating maritime trade.
- Skilled Workforce and Investment Incentives
- Young, well-educated population providing a competitive workforce.
- Attractive investment policies including tax incentives and support for digital transformation initiatives.
Sectoral Insights
expand_more- Industrial Manufacturing
- Global hub, especially in electronics, contributing over 20% to GDP and 70% to exports.
- Resilient growth with a focus on digital transformation and green initiatives.
- Consumer Markets
- Retail industry recovery and e-commerce growth led by players like Lazada, Shopee, and Tiki.
- Increasing household spending expected in 2024, boosting consumer confidence.
- Broadcasting Equipment
- World's 2nd largest exporter of broadcasting equipment, major markets including the US, China, and South Korea.
- Significant import and export activities with leading companies participating.
- Technology
- Leading Southeast Asia's digital boom with a digital economy growing by 19% to US$30 billion in 2023.
- Businesses facing regulatory challenges on tax, money laundering prevention, and data privacy.
- Energy & Utilities
- Focus on renewable energy, aiming for 30.9-39.2% of the energy mix by 2030 and 67.7-71.5% by 2050.
- Commitment to phasing out coal and prioritizing biomass and ammonia as fuel sources.
- Financial Services
- Fintech companies providing accessible financial services to the unbanked population.
- ESG (Environmental, Social, Governance)
- Impact of the EU's Carbon Border Adjustment Mechanism (CBAM) on exports, particularly plastics, iron, and steel.
- Investment Environment
- Top investment destination in Southeast Asia due to strategic location and booming consumer market.
- FDI surged to US$36.6 billion in 2023, driven by increased projects and registered capital.
- Introduction of Global Minimum Tax (GMT) to further bolster foreign investment, with additional incentives for high-tech, electric vehicles, and green energy sectors.
Who Should Attend?
expand_moreAre you ready to take your business to the next level in one of Southeast Asia's most dynamic markets?
The ATxEnterprise Alliance Business Development Mission 2024 is perfect for:
- Trailblazing Service Providers: Ready to expand their reach and connect with new clients in Vietnam.
- Innovative Trade Associations: Looking to form strategic alliances and promote their members' cutting-edge solutions.
- Forward-thinking Tech Organizations: Eager to showcase their products and services to a receptive and growing market.
Exciting Product Verticals:
- Telecommunications: Unleash your tech innovations in a market ripe for connectivity advancements.
- Manufacturing: Tap into Vietnam's robust industrial sector with your state-of-the-art solutions.
- Broadcasting Equipment: Lead the charge in one of the world's largest export markets for broadcasting tech.
- Enterprise Solutions: Provide cutting-edge solutions to streamline business operations in a tech-savvy environment.
- Digital Economy: Ride the wave of Vietnam’s booming digital transformation.
Proposed Timetable - Hanoi
expand_moreDay 1
- Welcome dinner and check-in at the hotel
Day 2
- Meeting with Ministry of Industry and Trade (MOIT) and Department of Asia and Africa Market of Industry & Trade
- Business forum with Hanoi, B2B matching
- Business networking dinner with Vietnam partners
Day 3
- Networking meeting with a business association in Hanoi
- Meeting with Industry Park
Proposed Timetable - Ho Chi Minh
expand_moreDay 1
- Welcome dinner and check-in at the hotel
Day 2
- Meeting with Industrial Parks
- Business networking lunch with local companies
- Saigon Hi-Tech Park (SHTP) or QTSC site visit or networking meeting with a business association in Ho Chi Minh City
- Tan Thuan Export Processing Zone (TTEPZ) Site Visit
- Business networking dinner with local companies and briefing on Vietnam investment environment and business prospects
Day 3
- Site visits to Vietnam Singapore Industrial Park (VSIP) with at least two Singapore/Vietnam conglomerates
- Business networking lunch with Singapore and local companies
Fees and Expenses
expand_moreParticipating Fees per representative:
- Asia Tech x Singapore 2024 onsite pricing promotion until 31st May - S$ 5,000*
- Standard Pricing from 1st June - S$ 8,000*
*Prices do not include travel, lodging, meals, and incidentals. Interpreter and driver services can be arranged at additional costs.
If a visa is required to travel on a particular mission, applying for and obtaining such a visa will be the responsibility of the mission participant. Government fees and processing expenses to obtain such a visa are not included in the participation fee.
Mission members participate in trade missions and undertake mission-related travel at their own risk. The nature of the security situation in a given foreign market at a given time cannot be guaranteed. ATxSG does not make any representations or guarantees as to the safety or security of participants. Any question regarding insurance coverage must be resolved by the participant and its insurer of choice.
Speak with Our Team
expand_moreIf you need further assistance, please contact Manesh at manesh.nair@informa.com