Vietnam interested in importing Luxury Light Fans from Pakistan
The goal of the trip was to hold business meetings with Vietnamese counterparts and seeing opportunities for increasing fan exports.
A Vietnamese firm ‘Phat Mechanical Manufacturing Company (Cophhaco)’ has shown interest in importing light fans from Pakistan to supply in their local market, as the demand for luxury light fans in resorts and hotels in Vietnam has largely increased.
The firm is one of the renowned manufacturers of electric fans in Vietnam, and its products are exported to Thailand, South Korea, and the US.
According to the Pakistan Electric Fans Manufacturers Association, Cophaco’s aim is to import light fans from Pakistan so they can meet the demand in the Vietnamese market.
The Engineering Development Board (EDB), along with the Ministry of Industries and Production, had formed a trade delegation of nine members. The delegation included executives from Pakistan’s electric fan industry for a visit to Ho Chi Minh City, Vietnam from December 18th to 25th, 2019.
The goal of the trip was to hold business meetings with Vietnamese counterparts and exploring opportunities for increasing fan exports.
Exploring new opportunities:
Productive meetings were held with different companies, including Cophaco, which was looking forward to start importing from Pakistan.
The delegation also paid a visit to the Caribbean Motor Manufacturing Factory. During a visit to Nghe Nang Company, the delegation held talks with the company Director General Luu Tri and highlighted the potential of Pakistan’s engineering goods.
In an attempt to explore further possibilities of fan exports, the delegation also visited Vietbuild-29 Industrial Exhibition, held in Ho Chi Minh City, which showcased white goods.
Sources revealed to a news outlet that the delegates were positive regarding Pakistan’s fan industry and were willing to penetrate the Vietnamese market to increase exports.
Business-to-business meetings with other stakeholders were also held, and they discussed the potential of Pakistan’s engineering sector. The trade delegation was formed to increase exports of value-added products from Pakistan.
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