Business
Products of Sri Lankan SMEs ‘enthrall and fascinate’ Vietnamese in Ha Noi
The embassy of Sri Lanka in Viet Nam, in close coordination and collaboration with the Industrial Development Board (IDB), organized a “Sri Lankan Fair” to promote, project and profile the products of SME entrepreneurs of Sri Lanka to the vast middle-income market consisting of the total 100 million population of Viet Nam. The two-day Sri Lankan fair was attended by a large number of Vietnamese nationals, foreign nationals based in Ha Noi, senior government and corporate personalities, media and, of course, the diplomatic corps consisting of a number of ambassadors based in Ha Noi, among others. The Sri Lankan Fair was held at the Chancery of the embassy of Sri Lanka.
It consisted of nearly 10 SME companies ranging from wooden and ornamental products, traditional Sri Lankan masks and paintings, batik and handmade garments, decorative household items, hand-made silver jewelry and gemstones, soft toys, exclusive wooden carvings, herbal tea and spices and brassware, amongst others. The two-day event was enriched by serving and selling authentic and traditional Sri Lankan food, which were prepared at the premises itself as well as serving traditional hallmark Sri Lanakan tea by the Dilma based in Ha Noi.
At the auspicious opening ceremony of the Sri Lankan Fair, Ambassador of Sri Lanka to Ha Noi, Prof A. Saj U. Mendis, in his opening remarks stated that the SMEs are often described and considered as a backbone of any given economy, be it developed, developing or least developed. He further added that these sentiments were true in the context of Sri Lanka as well. Prof Mendis stated that in both developed and developing nations, SME sector contributes approximately 50% of the GDP and employs over 60% of the working population. He added that the primary economic pivot of any given nation was to intensely focus on fostering, nurturing and facilitating the SMEs, thus enabling them to advance to become mid-sized companies to large companies to national corporates to regional players to multinational corporates respectively.
This should be the fundamental vision of any SMEs as well as of any nation vis-à-vis SMEs. Ambassador Mendis added, in his opening remarks, that today some of the largest corporates of the world such as Apple, Amazon, Microsoft, Facebook and Google had most humble beginnings often in college dorms and garages. The Director of Department of Industry and Trade also addressed the opening ceremony and stated that the Department in Viet Nam would support, cooperate and assist the SME entrepreneurs of Sri Lanka as well as expressed optimistic and encouraging sentiments. Minister Commercial of the Embassy, Ms. Kishani Wickramasinghe, played a pivotal and instrumental role in organizing the entire Sri Lankan Fair with great success and efficacy.

Over 15 Sri Lankan SME entrepreneurs who visited Ha Noi were enabled to visit and interact with the Bat Trang ceramic pottery village, wood craft village and Viet Nam Association of Gemstones in order to forge long-term business and commercial relations, thus enabling to export the Sri Lankan products to Viet Nam. Further, the embassy organized a number of B2B meetings for the Sri Lankan entrepreneurs/SMEs to promote their respective commercial entities.
Viet Nam is unique in the context of fostering and evolving the SME sector, given the seminal nature and significance of it for economic and commercial advancement of the country, and has 17 FTAs and partnership agreements with over 70 select countries, thus accommodating the SMEs of Viet Nam to export their products with ease at competitive prices. Needless to state, most Vietnamese nationals and others were highly impressed and were captivated by the authentic and artistic products of Sri Lanka, mainly gems and jewelry, handicraft, exclusive batik products and wood carvings, among others. Most of the SME entrepreneurs of Sri Lanka initiated and entered into commercial arrangements with Vietnamese counterpart companies. This particular commercial initiative did enhance and aggrandize the profile and image of the country among the Vietnamese and other foreign nationals in Ha Noi.
(Embassy of Sri Lanka in Viet Nam)
Business
From Mt. Fuji to Sri Pada: Lessons from a father-son climb
by SK Samaranayake
For Daham Gunasena, reaching the summit of Mt. Fuji with his 12-year-old son was not the end of the journey but the beginning of a different kind of lesson.
Gunasena, Director – Commercial at SPAR Sri Lanka and a senior business leader, academic and Chartered Accountant, spent nearly 12 hours on August 19 climbing Japan’s highest mountain with his son, Methum. After eight hours of climbing, the pair reached the 3,776-metre summit before beginning a demanding four-hour descent to Fujinomiya 5th Station.
“The summit was only halfway,” Gunasena reflected, describing the experience as a lesson in preparation, perseverance and responsibility.
Their journey began two days earlier with a trial excursion to the 6th Station and the volcanic landscape around Mt. Hoei. The experience allowed Gunasena to assess the altitude, terrain, weather and equipment before deciding whether his son was ready for the summit attempt.
The climb itself reinforced the value of taking one step at a time. Rather than focusing on the distant summit, father and son concentrated on the next marker, the next few steps and short periods of rest.
Reaching the summit brought another lesson. After taking photographs and celebrating, they still had four hours of descent ahead of them over loose volcanic terrain.
“Reaching the top was an achievement. Returning safely was success,” Gunasena said.
The experience also prompted him to reflect on how Japan manages Mt. Fuji, including visitor education, digital information, sanitation, transport, safety and environmental protection.
Having climbed Sri Pada 12 times last year and five times so far this year, Gunasena sees opportunities to apply some of these principles in Sri Lanka without compromising the mountain’s unique pilgrimage traditions.
He suggested a comprehensive digital platform for Sri Pada providing information on weather, congestion, transport, sanitation, first aid and emergencies, while educating foreign visitors about its religious significance.
For Gunasena, however, the most enduring lesson was personal: a mountain can teach what lectures cannot—through preparation, perseverance, respect for nature and the shared experience of taking each step together.
Business
FLIR, Marlbo promote smarter industrial maintenance
Sri Lankan industries are being encouraged to adopt advanced condition monitoring technologies to detect equipment problems before they develop into costly failures, as global technology company FLIR and its local partner Marlbo Trading Company strengthen their collaboration.
The companies brought together industry professionals at a technical seminar held on August 20 at Taj Samudra, Colombo, focusing on the use of thermography and acoustic imaging to reduce unplanned downtime, improve energy efficiency and lower maintenance costs.
Organised by Marlbo under the theme “Condition Monitoring Using Thermography and Acoustic Imaging for Measurable ROI,” the seminar highlighted the growing importance of proactive and predictive maintenance in improving equipment reliability and operational efficiency.
FLIR Sales Director – Instrumentation, India, Bhaskar Lala, and APAC Condition Monitoring Specialist David Gambarte shared their expertise on the latest diagnostic technologies and their practical industrial applications.
Thermal imaging can identify abnormal heat patterns linked to electrical and mechanical faults, while acoustic imaging can detect problems that may go unnoticed during routine inspections.
The technology is particularly useful in identifying compressed-air leaks, which can cause significant energy losses and increase operating costs.
Shevon Liyanage, Engineer – Measuring Instruments at Marlbo, also shared insights into applying condition monitoring technologies in the Sri Lankan industrial environment.
Business
Lumbini Tea Valley wins intl award for Singharaja Wirytips
Lumbini Tea Valley Ceylon won an award for its Singharaja Wirytips at The Leafies: International Tea Awards held in London in 2024, marking another international recognition for the Sri Lankan tea producer.
The award comes as the company marks two decades of direct exports, with its premium and organic Ceylon teas now reaching 35 countries across six continents.
Established in 1984, Lumbini Tea Valley began its direct export drive after Chaminda Jayawardana joined the family business in 2000 alongside his father, Dayapala Jayawardana. The initiative materialised in 2006 with the company’s first direct shipment—a 15-kilogram consignment of Flowery Broken Orange Pekoe (FBOP) tea to the United States.
Since then, the company has expanded its direct-export operations, which now account for around 20% of its total manufacturing output. Following its transition to organic production, approximately half of its organic tea output is exported directly by the company.
Its key export markets include Japan, the United States, France, the Netherlands, Switzerland and Australia, with direct shipments now reaching 35 countries.
The company said its direct-export model would continue to expand amid growing international demand for traceable, single-origin Ceylon tea, with premium and organic grades at the centre of its export strategy.
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