Machine, metalworking expo to open in HCM City next month
The 17th edition of the International Precision Engineering, Machine Tools and Metalworking Exhibition & Conference (MTA Vietnam 2019) scheduled for July 2-5 in Ho Chi Minh City.
HCM City (VNA) – The 17th edition of the International PrecisionEngineering, Machine Tools and Metalworking Exhibition & Conference (MTAVietnam 2019) scheduled for July 2-5 in Ho Chi Minh City.
This year’s event themed “Advancing Vietnam’s Manufacturing Industries” attractsthe participation of around 500 units from 22 nations and territories aroundthe world. It will include 14 international pavilion groups from countries whichare strong in technology, machines and tools such as the UK, Germany, Japan,the Republic of Korea and Thailand.
Speaking at a press conference on June 18,Pham Xuan Da, head of the Department on Southern Services under the Ministry ofScience and Technology, said that the Fourth Industrial Revolution is not onlya challenge but also an opportunity for Vietnam to address major issues relatedto economic development and industrial restructuring.
However, the industrial sector is facing alot of difficulties in business data connectivity and digitalisation.
Therefore, MTA Vietnam 2019 will offer achance for both domestic and foreign enterprises to apply smart technologies,machines and tools in production and business, he added.
The MTA Vietnam 2018 drew 11,131 tradevisitors from 32 countries and territories, an increase of 7.05 percent fromthe previous edition.-VNA
The recently concluded METALEX Vietnam received more than 18,840 manufacturing businesspeople who came to source new technologies and seek business opportunities.
Vietnam was the fourth biggest market among ASEAN countries for German machine tool manufacturers, following Thailand, Indonesia and Singapore, according to the German Machine Tool Builders Association (VDW).
Vietnamese businesses will be provided with plenty of opportunities to gain better access to the Fourth Industrial Revolution’s trends and seek link-ups with foreign partners when attending EMO Hannover 2019, the leading global trade show for metalworking, which is scheduled for September 16-22 in Hannover, Germany.
Prime Minister Pham Minh Chinh affirmed that science, technology, innovation, digital transformation, green transition, and circular economy are offering limitless opportunities for bilateral collaboration.
The US remained Vietnam’s largest market, accounting for 55% of the country's total wood exports. Key products include wooden furniture, plywood, doors, and handicrafts.
With a clear development strategy, proactive investment attraction and strong policy support for sustainable agriculture, Tay Ninh is positioning itself as a major hub for high-tech livestock farming in the southern region.
As Vietnam’s largest private carrier, Vietjet has been awarded the highest ranking for safety with 7 stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years.
The Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.
In mid-June, the Vietnam Trade Promotion Agency (VIETRADE) at the Ministry of Industry and Trade (MoIT) in collaboration with Alibaba.com announced a list of 200 outstanding businesses selected to participate in the "Vietnam National Pavilion" in 2025.
Vietnamese seafood processing and export enterprises are in the process of completing procedures and adopting necessary technologies to bring their products into the Halal market.
The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Illustrative image (Source: VNA) 
