2021 bodes well for mechanical engineering
After suffering a significant fall in revenue last year, the mechanical engineering industry has high hopes for recovery in 2021, given Vietnam’s good COVID-19 control and participation in free trade agreements. The mechanical engineering industry has high hopes for recovery in 2021 due to the country’s good control of pandemic and participation in FTAs. (Photo: […]
DEVELOPMENT SITUATION OF VIETNAM MECHANICAL INDUSTRY
Vietnam’s mechanical engineering industry is lagging behind the country’s development milestones and demands. Domestic mechanical enterprises are currently facing many challenges, weaker competitiveness than mechanical enterprises in countries in the region and around the world. Mechanical engineering is one of the industries with a long history in our country. Initially, it was manifested in the […]
How to make a breakthrough for Vietnam’s mechanical engineering industry?
To develop the mechanical engineering industry, the Vietnam Supporting Industry Association thinks that there should be comprehensive solutions from policy, to human resources, and market … According to Ms. Truong Thi Chi Binh, Vice President and General Secretary of the Vietnam Association of Supporting Industry has pointed out a number of solutions to develop the […]
The difficulties of mechanical product processing industry in Vietnam
With the mission to provide all necessary equipment for agro-forestry-fishery sectors, or even for the tourism, services and transportation sectors in our country, Mechanical engineering development orientation is considered one of the top priorities in Vietnam. Currently, there are many foreign companies investing in this industry, among which Cam International Co., Ltd, a 100% Singaporean […]
Vietnam’s mechanical industry in the Industrial Revolution 4.0
Vietnam’s mechanical engineering industry is lagging behind the country’s development milestones and demands. Domestic mechanical enterprises are currently facing many challenges, weaker competitiveness than mechanical enterprises in countries in the region and around the world. Identifying opportunities and challenges of Vietnam’s mechanical engineering industry, the article proposes a few recommendations to help Vietnamese mechanics overcome […]
Việt Nam’s mechanical engineering market to reach $300b by 2030
The mechanical industry acts as a driving force for other sectors to develop. Photo congthuong.vn HÀ NỘI — Total demand of the domestic mechanical market by 2030 is estimated to reach about US$300 billion, according to the Việt Nam Association of Mechanical Enterprises (VAMI). At present, Việt Nam’s mechanical industry only meets about one-third of […]