After exchanging cooperation contents, Mr. Nguyen Hai Duc, representative of VNEA, and Mr. Nguyen Truong Son, representative of VAA signed a memorandum of understanding on cooperation in the fields of advertising and business, maintenance of elevator.

Two parties work together on a regular, long-term and sustainable basis on the basis of promoting the functions of each party and mobilizing resources to effectively promote trade promotion between the members of the two associations.

The cooperation between VNEA and VAA will bring many opportunities and values ​​to both the elevator and advertising industries.

Two parties will cooperate and promote trade between the fields of advertising and elevators. Accordingly, two parties will coordinate in organizing and communicating advertisements for domestic and foreign trade fairs and exhibitions, coordinating in implementing communication and advertising programs in the field of elevators, coordinating in international investment promotion.

VNEA, VAA and affiliated members are allowed to propose, order and use cross products between the two fields at a preferential price. Two parties also coordinated to organize training and human resource development programs for leaders and members of the two associations.

The cooperation in the implementation of work between the two parties is based on the principles of compliance with the laws of the Socialist Republic of Vietnam and relevant regulations of the relevant governing bodies; Ensure equality of obligations and interests of the parties according to the responsibilities and tasks assigned according to the characteristics and advantages of each party. This contributes to improving the operational efficiency of both VNEA and VAA.

Also under the cooperation agreement, this Memorandum of Understanding is valid for two (02) years from the date of signing and can be extended in writing by both parties after its validity expires. During the implementation process, each cooperation program will be expressed in specific written agreements.

Vietnam Elevator Association (VNEA) was established under Decision 594/QD-BNV dated August 20, 2020 of the Ministry of Home Affairs. Association is a socio-professional organization of Vietnamese citizens and businesses operating in the field of research, production and business of elevators and escalators and the fields related to elevators and escalators according to law. The Association has 3 main functions: Training and researching in the field of elevators and escalators; Organizing activities for fairs and exhibitions, ranking elevators and escalators; Supporting, advising, intermediary evaluating of elevator and escalator services. Mr. Nguyen Hai Duc, Chairman of Gama Vietnam Joint Stock Company , member of the Government’s Domestic Advisory Group, has been elected as the Chairman of the Vietnam Elevator Association for the 2020-2025 term.

President of VNEA Nguyen Hai Duc (center) during the VNEA Launching Ceremony

Vietnam Advertising Association was established in 2001, is a socio-professional, voluntary organization of Vietnamese organizations and citizens operating in the field of advertising or related to the field of advertising. Association operates for the purpose of gathering and uniting members, protecting the legitimate rights and interests of members, supporting each other to operate effectively, to promote the development of Vietnam advertising industry and integration with the Vietnamese advertising industry, contributing to the country’s socio-economic development. President of VAA term V (2021-2026) is journalist Nguyen Truong Son.

VAA’s Board of Directors for the term 2021 – 2026