Friday, April 11, 2025 4:10:25 AM - Markets open
VN-INDEX 1,168.34 +74.04/+6.77%
HNX-INDEX 208.32 +15.74/+8.17%
UPCOM-INDEX 92.84 +8.43/+9.99%
Metalworking trade show offers opportunities for Vietnamese firms
vietnamplus.vn - 1/16/2019 4:27:13 PM
 (0 ratings. You must sign in to rate.)
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.
 
EMO Hannover Managing Director Christoph Miller said at a press get-together in Ho Chi Minh City on January 15 that Vietnam’s top metalworking suppliers, like the Republic of Korea, China, Japan, the US, and Germany, will all be present at the fair, which is themed “Smart technologies driving tomorrow’s production”.
 
Nearly 1,800 enterprises from 41 countries and territories across the five continents have registered to join the event so far. They will introduce advanced metalworking technologies that help improve productivity and product quality, he stressed.
 
Experts have said that the manufacturing industry contributes 30 percent to Vietnam’s economic growth. This year, the country is also looking to increase its industrial production by 6.6 percent. As Vietnam has become an important link in the global value chain, Vietnamese manufacturers should work to gain a competitive edge over their rivals.
 
However, Vietnam still relies much on imports of modern production technologies, and it is now the world’s 10th largest importer of machinery and tools. The Southeast Asian country will be a promising market for foreign suppliers as its consumption of machinery and tools is expected to increase by 8.2 percent in 2019. 
 
EMO Hannover is the world’s most important international meeting point for production technology specialists from all over the planet. The EMO Hannover 2017 attracted almost 2,230 exhibitors from 44 different countries, and around 130,000 trade visitors from 160 nations. EMO is a registered trademark of the European Association of the Machine Tool Industries CECIMO.–VNA 
 
Read original article here
 
Newer News
09/04 FTA Index is key driver to implement free trade agreements
09/04 CPI rises 3.22%, inflation remains under control in Q1
09/04 Deputy PM urges diplomatic measures conducive to US trade policy adjustments
09/04 AmCham Việt Nam speaks out on new US reciprocal tariffs
05/04 Vietnamese Party chief holds phone talks with US President
04/04 Hà Nội keeps CPI well under control
04/04 Việt Nam's foreign investment surges 35% in Q1
04/04 Việt Nam establishes task force to proactively adapt to US economic, trade policies
03/04 Domestic trade could boost GDP growth: experts
03/04 Việt Nam’s digital transformation to shape industry progress in 2025
Older News
16/01 CPTPP brings opportunities, challenges to Vietnam’s agriculture
16/01 Nearly 700 specialty products gain IP protection in 2018
16/01 Vietnam, UK discuss post-Brexit trade, investment ties
16/01 Vietnam-India trade hits 10.69 billion USD in 2018
05/01 Ministry tightens price control, market management
02/01 Việt Nam should boost trade promotion for more exports to ASEAN
02/01 Vietnam's GDP in 2018 reaches 7.08%, highest since 2011
 
Newsletter Signup
Top Stories
Việt Nam to launch KRX trading system on May 5
Profits, dividends, capital increases and bad debts on agendas of 2025 banking AGMs
Stock market showed weakest Q1 in 3 years
VND: VNDirect to divest from Goldsun Food
Market cautious as liquidity drops significantly
Market Update
Last updated at 3:09:58 PM
VN-INDEX 1,168.34 +74.04/+6.77%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.