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MTA VIETNAM2013 Continues to Provide Important Link between International Manufacturers and Local Vietnam Market
HO CHI MINH CITY, VIETNAM, May 10, 2013 - (ACN Newswire) - A wide variety of high-end manufacturing technologies, numerous engaging activities and an abundance of networking opportunities, these are just some of the highlights MTA VIETNAM2013 has to offer to professionals from Vietnam's manufacturing industry.
Touted as the most relevant trade event for Vietnam's manufacturing industry, MTA VIETNAM2013 will be held from 2 - 5 July at the Saigon Exhibition & Convention Center (SECC) in Ho Chi Minh City. Into its 11th edition, the event has proven to be the Vietnamese manufacturers' procurement ground of choice, as manufacturers from Vietnam will be presented with the latest technologies and services in precision engineering, machine tools and metalworking equipment presently available in the global marketplace.
Established in 2005 in Ho Chi Minh City, MTA VIETNAM has seen increasing and continued support from leading local and international manufacturers with its portfolio of exhibitors growing stronger with each show. Key international brands visitors can look forward to this year includes names such as Agie Charmilles, Big Daishowa, Bystronic, Carl Zeiss, Chin Fong, Davi, DMG Mori Seki, Flow, Haas, Hexagon Metrology, Hurco, HwaCheon, Iscar, Jingdiao, Mazak, Mitsubishi Electric, Mitutoyo, Nikon, Okamoto, OKK, OSG, Sandvik, Sodick, Studer, Sumitomo Electric Hardmetal and TRUMPF.
MTA VIETNAM2013 has also received strong support from international trade bodies and government agencies. As a consequence, there are more group pavilions on show this year - 11 from eight countries/regions, namely France, Germany, Italy, Japan, Korea, Singapore, Taiwan and Thailand. The associations and government agencies that are driving the international group pavilions are:
-- NEW: France Pavilion presented by the French Consulate - UBIFRANCE Vietnam
-- Germany Pavilion presented by the Federal Ministry of Economics and Technology (BMWI) in cooperation with Association of the German Trade Fair Industry (AUMA) and supported by German Machine Tool Builders' Association (VDW)
-- Italy Pavilion presented by the Italian Trade Commission (ICE) / Trade Promotion Section of the Italian Embassy
-- Japan Pavilion presented by the Japan External Trade Organisation (JETRO)
-- Korea Pavilion presented by the Korea Association of Machinery Industry (KOAMI)
-- NEW: Korea Pavilion presented by the Korea International Trade Association, Ulsan Branch (KITA Ulsan)
-- Singapore Pavilion presented by the Singapore Precision Engineering & Tooling Association (SPETA)
-- Taiwan Pavilion presented by the Taiwan Machine Tool & Accessory Builders' Association (TMBA)
-- Taiwan Pavilion presented by the Taiwan External Trade Development Council (TAITRA)
-- NEW: Taiwan Pavilion presented by the Taiwan Fluid Power Association (TFPA)
-- Thailand Pavilion presented by Department of International Trade Promotion (DITP), Thailand Ministry of Commerce
"MTA VIETNAM has played a key role in supporting the growth of Vietnam's manufacturing industry. By creating a platform for leading brands to showcase their latest products and services to trade buyers, as well as network and form long-term meaningful business partnerships with local and regional manufacturers bodes extremely well for a market where there is still great potential for further development and growth. We certainly hope to see MTA VIETNAM continue to play an important role in the evolution of Vietnam's manufacturing industry," comments Mr William Lim, Project Director for MTA VIETNAM2013 from the show's organiser, Singapore Exhibition Services (SES).
Attendance at the event has been steadily increasing, reaching a record 10,000 attendees in 2012. Group delegations arrived in droves from notable companies such Furukawa Automotive Parts Vietnam, Maruei Vietnam Precision, Nidec Copal and Vina Mold and Metal Products. This is testament to the bright and promising outlook of Vietnam's manufacturing landscape. A rosy macro-economic picture of single digit inflation, lower interest rates and a strong and stable local currency has resulted in imports growing by 10 per cent and exports rising by 24 per cent year-on-year in the first two months of 2013.[1]
The Vietnamese processing and manufacturing industry has also remained the most attractive for foreign investors. Foreign direct investment (FDI) into Vietnam's manufacturing and processing sector has been rising in recent years, the percentage of FDI dedicated to projects in manufacturing and processing increased from 40 per cent of the country's total pledged FDI in 2010 to 48.5 per cent in 2011 and 69.9 per cent in 2012.[2]
The manufacturing industry in Vietnam has seen a shift from low value verticals such as textiles to more high-tech, high value manufacturing. 2012 saw international MNCs such as Fuji Xerox, Samsung, Nokia and Intel investing more into their manufacturing facilities in Vietnam. The world largest mobile phone vibration motor manufacturer Nidec Seimitsu Corporation from Japan, also decided to build its first factory in Vietnam which was completed at the end of 2012[3].
For 2013, the industry outlook seems optimistic. MTA VIETNAM2013 will certainly provide a perfect platform for key industry players, both old and new, to interact, exchange ideas, and form long lasting business partnerships.
[1] Trade: Vietnam Export Rises 23.9% to $18.97B in Jan-Feb: Ministry, Vietnam News Brief Service, 6 March 2013
[2] Investment: Vietnam Manufacturing Sector Remains Most Attractive for Foreign Investors, Vietnam News Brief Service, 4 February 2013
[3] FDI slows, but still flows to Vietnam's hi-tech, Vietnam News Summary, 3 January 2013
MTA VIETNAM2013 Ho Chi Minh City at a glance:
Exhibition: MTA VIETNAM2013
Venue: Saigon Exhibition & Convention Center (SECC)
Address: 799 Nguyen Van Linh Parkway, Tan Phu Ward,
District 7, Ho Chi Minh City
Date: 2 - 5 July 2013 (Tuesday - Friday)
Time: 0900hrs - 1700hrs
Website: www.mtavietnam.com
Contact:Patricia Yee
PR Executive
Singapore Exhibition Services
Tel: +65 6233 6637
Email: patricia.yee@sesallworld.com
Source: MTA Vietnam
Sectors: Design Process, Engineering, Daily News
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