10/10/07 235 MoUs and contracts signed at Techmart 2007 Da Nang — As many as 235 memoranda of understanding and technological transfer contracts, worth a combined VND700 billion, were signed during the four-day Techmart Viet Nam 2007 exhibition that ended yesterday.
Le Dinh Tien, deputy minister of science and technology, said the results were much more impressive than previous fairs in 2003 and 2005.
The event had over 2,000 products from domestic and foreign organisations on display, and attracted around 100,000 visitors.
At the closing ceremony yesterday morning, the Ministry of Science and Technology, which organised the fair, granted gold medals to 72 products. The awards went to goods in engineering, automation, information technology, agriculture and fisheries, healthcare, and environmental protection.
Nine technological transfer contracts, totalling about VND200 billion (US$12.5 million), were signed on the first day.
The fair began on Thursday in central Da Nang city and included around 400 domestic businesses and organisations showcasing the latest technology for industries, agriculture, fisheries and transportation among others. 70 foreign firms hailing mostly from South Korea, Japan, China, and Israel occupied some of the 420 booths comprising the fair.
Techmart Viet Nam 2007 aims to support technology innovation and promote commercialisation of technological and industrial products. The fair attempts to sharpen the competitive edge of the national economy in the face of international integration, said Minister of the Science and Technology Hoang Van Phong at the fair’s opening ceremony.
During the four day fair, an online market also provide visitors with an opportunities to access information about technological equipment, services, and products. The event was co-organised by the Ministry of Science and Technology and related departments and people’s committees in HCM City, Ha Noi and Da Nang. Last year, nearly 260 memoranda of understanding were signed at the Techmart 2006, which took place in the capital city.
