The ninth international jewellery and watch exhibition (9th IJV) opened in HCM City yesterday showcasing diamonds, gemstones, jewelry sets, bejewelled timepieces as well as the latest jewelry equipment from local and international suppliers.
HCM CITY —
Bui Thi Thuc Anh, director of the Viet Nam Chamber of Commerce and Industry's Exhibition Service Co Ltd, said the four-day event offered a rare opportunity for foreign and domestic businesses to seek suppliers and buyers worldwide.
B.K. Chow, director of World Trade Fair Ltd, said Viet Nam has been recognized as a middle-income nation and the number of high and middle-income earners has increased rapidly over the last few years.
Viet Nam's economic growth has been most prominent in the major urban centers such as HCM City, Ha Noi and Binh Duong, where the middle and upper classes represent almost 50 per cent of the urban population.
They have become much more aware of and appreciative of luxury items, with a higher focus on quality and craftsmanship, he said.
"The most attractive part of Viet Nam's jewellery market is its huge young population, who like and easily accept jewellery with modern designs, " Chow said.
Anh said that the growing wealthier and savvier consumer base in Viet Nam provided strong synergies for the development of jewellery market in the country.
The exhibition has attracted top manufacturers from Hong Kong, Italy, Japan, Turkey, India, Israel, Thailand and the USA. They have lined the aisles of the fairground with their finest jewelry and watch collections as well as advanced testing equipment.
Reputable high-end jewellery and diamond manufacturers in the world, including Graziella S.P.S from Italy, Fancy Diamond from India and Kan-Chi from Malaysia are displaying stylish masterpieces of classical and contemporary designs.
Leading Hong Kong jewellers like Bestline, Diamond Wear, Glory United, Golden Master, Good Way and Tai Fook, have showcased 14K&18K jewelry with flawless diamonds and gemstones.
Last year, the event attracted 11,986 visitors from Australia, Belgium, Canada, France, Hong Kong, India, Israel, Italy, Japan, S.Korea, Singapore, Taiwan, Thailand, the UAE and the USA.
The exhibition is organised by World Trade Fair International Limited in collaboration with VCCI Exhibition Service Ltd Co. It is open until Sunday at the Tan Binh Exhibition and Convention Center in HCM City. — VNS