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EXHIBITIONS INFORMATION

MTA HANOI will open doors in March 2012


Vietnam’s industry growth set to bolster business development for local manufacturing enterprises

Vietnam, 9 November 2011 – Building on the success of its previous editions in Ho Chi Minh City,

and outcome of steady growth in the local manufacturing sector, MTA is ready to open doors to Hanoi

in March 2012.

 

      Given the Vietnam capital’s favourable geographic location, economic and political stability and high

potential for hi-tech development, a number of international manufacturers have been extending their

presence in the area. Foreign investment in Hanoi recorded a three-fold increase for the first nine

months of 2011, attracting US$999.6 million. These included the Vietnamobile business cooperation

contract and GTEL global mobile and telecom joint-stock companyi.

     Japan is one of the five biggest investors in Vietnam, totalling 11 per cent of foreign direct investment

(FDI) in the countryii. Kyocera has announced its intention to build a factory near Hanoi to produce

cell phone componentsiii , whilst Nikkiso will be expanding the company’s production of aircraft

components in its Vietnamese factory in early 2013iv.

     Global leading telecommunications and technology companies such as Nokia and Wintek are

planning to set up factories in the northern provinces of Vietnamiii. Samsung reported in March this

year that its mobile phone factory in Bac Giang province had achieved an export turnover of US$2 billion since official operation in 200v.

These are in addition to multinationals such as Canon, Denso

Manufacturing, Honda, Panasonic and Toyota which have already established manufacturing &

assembly facilities in North Vietnam.

     More recently, according to a General Statistics Office report, the manufacturing sector in Vietnam

experienced growth rates of about 10 per cent. Based on the national Index of Industrial Production

(IIP), Hanoi grew 12.5 per cent between January to October 2011 compared with the same period

last yearvi.

     “It is timely to stage the next edition of MTA in Hanoi as reports have shown that Vietnam’s

manufacturing industry has been growing at a steady pace, and it is encouraging to witness similar

progress in Hanoi as well. Demand for the latest manufacturing technologies and solutions from

international companies is evident, and MTA HANOI 2012 will give these companies and the local

manufacturing sectors a tremendous boost by matching them with the latest products, solutions and

technologies in precision engineering, machine tools and metalworking,” said Mr. William Lim, Project

Director (Machinery Events), Singapore Exhibition Services (SES).

     The companies at MTA HANOI 2012 will showcase international technologies on the exhibition floor

which include metal-cutting machine tools, metal-forming machine tools, test & measurement

equipment & systems, cutting tools, tooling systems, and industrial tools & components.

     There will also be ample opportunities for local industry players to connect face-to-face and network

with both international and home-grown reputable exhibitors offering the latest solutions for Hanoi’s

blooming manufacturing sector.

MTA HANOI 2012 at a glance:

Exhibition: MTA HANOI 2012

Incorporating: Metrology Hanoi 2012, ToolTec Hanoi 2012, SubCon Hanoi

2012, Automation Hanoi 2012 and WeldTech Hanoi 2012

Venue: International Center for Exhibition (I.C.E)

Address: Cultural Palace, 91 Tran Hung Dao Street, Hanoi, Vietnam

Date: 28 – 30 March 2012 (Wednesday – Friday)

Time: 0900hrs – 1700hrs

Registration: www.mtahanoi.com

 

 

Source: MTA

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