
METALEX Vietnam will once again repeat its strong positioning as "Vietnam's Most Comprehensive Machine Tool & Metalworking Event" on 7-9 October 2010 at Saigon Exhibition & Convention Centre (SECC), Nguyen Van Linh Parkway, District 7, Ho Chi Minh City, Vietnam, with biggest range of technologies, 500 global brands, 25 countries 7,000 buyers 20 conferences & technology presentations. In addition to offering the most complete exhibit profile, METALEX Vietnam also offers more business opportunities in new markets through its co-location with "Electronics Assembly 2009," the second Vietnam's International Machinery Expo for Electronic Parts and Components Manufacturing. METALEX Vietnam participants will meet potential customers and business partners from the electronics industry. During these three days, METALEX Vietnam will be a unique manufacturing community where industrialists can meet, exchange knowledge and ideas, learn from one another, and build worldlevel business networks. The new technologies; new knowledge, ideas, and techniques; new business networks; and new experiences that METALEX Vietnam is presenting are important tools that, if applied strategically and consistently with continual development, can enable all participants to forge substantial business advancement and profit from the rising opportunities in Vietnam. Mr. Chanin Khoachan, Director of BOI Unit for Industrial Linkage Development (BUILD) the Board of Investment of Thailand said that in the context of the global economic centre gradually moving to Asia. Competitiveness and investment in this region is becoming more comprehensive, especially in the ASEAN region. However, ASEAN economies have not been strong and competitive enough to complete in the global market. ASEAN countries should share resource and strengths with production units to become a single market of the ASEAN economic community, with total population of over 566 million. Ms. Nichapa Yoswee, Managing Director of Reed Tradex Company, Thailand and Vietnam's leading exhibition and conference organiser, said that according to the Vietnam Steel Association (VSA), the country's economy will be strong this year, and the steel sector will see high growth, with an increase in production value of 9.7% to VND12.4 trillion (US$689million). VSA plans to continue the implementation of key, strategic development projects, to focus on research and analysis, and to strengthen trade promotion, trademark development and the search for new export markets, with the expected government's supports in stimulating the domestic market, maintaining stable for ex rates and offering sufficient foreign currency for the import of raw materials for production purposes. Last year, the steel industry was one of the industrial sectors that achieved high growth with an output increase of 25% and consumption of up to 30% when compared to the year before. Otherwise, Vietnam's Ministry of Planning and Investment's Foreign Investment Agency recently announced its prediction for 2010's newly registered and expanded foreign direct investment (FDI) fund at US$22-25 billion, a 10% increase from last year's projection. In addition, the World Investment Prospects Survey 2009-2011 by the United Nations Conference on Trade and Development ranks Vietnam as one of the top 15 most FDI friendly countries in the world.(the end)
Show: METALEX Vietnam 2010 Date: 7-9 October 2010 Venue: Saigon Exhibition & Convention Centre (SECC)
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