Vietnam VIJF 2019 - StudioG

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Vietnam VIJF 2019

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Ho Chi Minh  14-18 NOV 2019 - 28th Vietnam International Jewelry Fair (VIJF)

Vietnam is certainly one of the most interesting country of the ASEAN (population 622 milion, 3rd in the wold), concerning the luxury sector. The current population of 96 million people, with an average age of thirty, is expected to reach 99.8 million in 2025. This Country deserves special attention with attentive eyes and ready to evaluate opportunities for approach, always keeping lucidly considering and weighing both the advantages and the difficulties typical in a very young market. Difficult to relate to structures that favour both the phase of promotion of its products, and the right entry into the market, but this does not mean that studying a sensible approach plan can be an important strategic choice that will gain market shares against national and international competitors . Based on the results achieved and the expected performance of the world economy, the growth target for 2018, set between 6.5 and 6.7%, was already 7.1% in the first quarter. China continues to be the largest exporter to Vietnam, followed by Korea, ASEAN countries and Japan, or the largest investors in the country. Although the flow of exports to these partners is increasing, the trade balance with them remains in deficit and the trade surplus is due to exports to the US and the EU. The government pursues a policy of reducing the bureaucratic burden on companies and has asked ministries and state agencies to remove 50% of the bureaucratic obligations for companies by October 31, 2018. In 2017, about 5000 practices related to financial assessments were cut. , import-export controls and technical inspections.


PRESS RELEASE

The annual Vietnam International Jewelry Exhibition Fair in Ho Chi Minh City has been held by Saigon Jewelry Company (SJC) since 1992 and is recognized as the largest Gem and Jewelry show of its kind in Vietnam. proud of having the strong support from World Gold Council, People’s Committee of Ho Chi Minh City, Vietnam Gold Trade Association and Saigon Jewelry Association the VIJF 2019 Trade Fair, now in its 28th edition, has undergone strong development thanks to the substantial growth in the purchasing possibilities of the Vietnamese, and to the significant tourist impulse that the country is experiencing. The event attracts over 150 exhibitors from 14 different countries and annually brings together over 8,000 jewellery producers, companies and artisans very experienced in Vietnam. The exhibition is open to both traders and the public and attracts over 30,000 visitors each year during the 5 days of the fair.

 
 
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