Despite the negative impact of the COVID-19 pandemic in the first quarter of 2020, consumption index for the whole of Vietnam’s manufacturing registered an increase of 2.8 percent compared with the same period in 2019. On the other hand, the host of challenges due to the pandemic has caused the inventory index to grow by 24.9 percent year-on-year.
Nevertheless, the situation has sped up the decision of tech giants to shift production of their new phones, personal computers and other devices from China to Southeast Asia, including Vietnam. In 2020, “Made in Vietnam” Pixel phones and Surface laptops are no longer tall tales, thanks to the decisive action of Google and Microsoft to minimise their overreliance on China for manufacturing. Vietnam remains a safe and attractive destination for outsider investors.
MTA Hanoi: The Leading International Event for Manufacturing in North Vietnam
As we foresee the blooming new era of development in ASEAN, especially in Vietnam—which has emerged as Asia’s next manufacturing hub—MTA Hanoi not only serves as a bridge linking the international manufacturing industry, but also plays as the platform that brings local and global manufacturers in touch with the latest updates in manufacturing industry, and offers direct access to innovative ideas and cross-border technologies including metal cutting, metal forming, sheet metal, metrology, test and measurement, cutting tools, tooling systems, and ancillary/supporting equipment.
MTA Hanoi is expected to be the biggest international manufacturing exhibition in North Vietnam, catering to every needs of the manufacturing community in country and beyond. Last year’s exhibition was attended by over 5,300 visitors who experienced cutting-edge technologies displayed by 158 exhibitors from seven different nations and regions.
Spanning across 5,500 sqm of exhibition space, this year’s event will continue to feature a strong line-up of advanced products and cutting-edge technologies, in addition to many insightful concurrent events. Continuing 2019’s theme of Industry 4.0, MTA Hanoi 2020 is the perfect opportunity for visitors seeking to learn about digitisation and how to prepare and implement a business roadmap in this era of smarter manufacturing. Attendees will also be able to discuss future trends, technological challenges, and further steps to shape and strengthen Vietnam’s manufacturing industry.
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