ASPRI’s 2nd Overseas Mission to Vietnam – Jointly Organised by ASPRI, SCIC and IE Singapore

26/04/2010- 29/04/2010
ASPRI's 2nd Overseas Mission to Vietnam - Jointly Organised by ASPRI, SCIC and IE Singapore (1)

ASPRI is dedicated to organise business missions, facilitate business matching and promote networking with industry groups in regional countries. A handful of Engineering Service Providers (ESPs) have established their businesses in the process supporting industry in Singapore for nearly half a century. The growing industry has accumulated many years of experiences and expertise while serving the large international plants locally.

ASPRI's 2nd Overseas Mission to Vietnam - Jointly Organised by ASPRI, SCIC and IE Singapore (2)

Thus, ASPRI urges its members to venture overseas to expand their businesses regionally and eventually internationally. Together with International Enterprise Singapore (IE Singapore), the Association encourages its members to form strategic alliances leveraging on their collective strengths and expertise to bid for major outsourcing as well as overseas projects. ASPRI has facilitated both partnership and project opportunities through its organised missions and trade fairs.

One of which was the trade mission to Vietnam jointly organised by ASPRI, Singapore Chemical Industry Council (SCIC) and International Enterprise (IE Singapore). There were nearly 40 participants from 23 companies from ASPRI, IE Singapore, SPRING Singapore and SCIC; of which 15 participants are from 11 ASPRI member companies that participated in the trip to Hanoi and Ho Chi Minh City from 26 to 29 April 2010. It was the first time ASPRI and SCIC collaborated in exploring the overseas markets together. The mission was able to showcase the capabilities of Singapore companies to provide an integrated service to the downstream petrochemical value chain. On the other hand, the delegates were updated with the latest Vietnamese governmental plans to build up the oil refining & petrochemical industry that will provide vast opportunities for downstream activities in the near future. In addition, they were given sound advice on how to manage business registration and setting up a presence in Vietnam. The delegates gained beneficial exposures and learnt that there are good business prospects in Vietnam as the state-owned enterprises welcome Singapore companies to provide technical expertise as well as other inputs to boost the capabilities of their subsidiaries and local companies.