MTA VIETNAM2013 marks local machine tool industry development

Source：Singapore Exhibition Services Release Date：2013-07-03 240

Metalworking

With the recent surge in Foreign Direct Investments (FDIs) in the manufacturing sector, the demand for capital goods in Vietnam has also risen significantly creating impetus for growth of the machine tool industry.

Local machine tool suppliers, riding on the swell of production facilities in the country have experienced healthy returns over the last few years. This growth is reflected at MTA VIETNAM – the largest industry event of its kind in Vietnam. The show has seen an increase in local participation since its inauguration in 2005. This year, there are 67 exhibitors from Vietnam, garnering an 83% increase in exhibition space compared to the last edition of the show.

Local industry pioneers TAT Machinery Corporation, Van Su Loi and OLAS, evidently benefitting from the influx of demand for machine tools have all taken up significantly larger booths this year.

Veteran exhibitor Mr. Hang Lian Bang, CEO of OLAS, a leading supplier of industrial laser and high-tech machines in Vietnam says, “We have exhibited at MTA VIETNAM since 2006, and have always had a good show. This year, we are showcasing our Servo Electric punching machine E5X from PrimaPower – Italy/Finland, for the first time as we believe that MTA VIETNAM2013 is the ideal platform to introduce it to the industry.”

MTA VIETNAM2013 also has a number of first time local exhibitors showcasing
a variety of manufacturing solutions from laser machines to measurement
devices and welding equipment. They include:

· Cn Cty Tnhh Bibus Viet Nam Tai Tp HCM

· Cong Ty Tnhh Mot Thanh Vien Ky Thuat H-Tek

· Nike Series