MTA Vietnam slated to kick off next month
MTA Vietnam slated to kick off next month
MTA Vietnam, an international exhibition on precision engineering, machine tools and the metalworking industry, is scheduled to take place from July 2 to 5 in HCMC’s District 7.
The three-day event will enable local firms to access a wide range of the world’s most modern equipment, machinery and technologies in the manufacturing industry in the 4.0 era, BT Tee, general director at Informa Markets Vietnam, which organizes the event, told a press briefing on June 18.
Opening at the Saigon Exhibition and Convention Center, the 17th edition of the MTA Vietnam is customized to the local market and has recorded registrations to participate from over 500 exhibitors from 22 countries and territories, he said.
The expo will also include 14 group pavilions from countries well-known for their high-quality precision engineering products, such as Germany, Japan and South Korea.
A designated zone called “We Are Industry 4.0 Ready” will be featured for the first time at the event, where visitors can access innovative and cost-effective ideas, solutions and equipment provided by leading industry 4.0 suppliers, according to the event organizer.
The industrial revolution 4.0 is taking place on a global scale, offering both opportunities and challenges for Vietnam. It is time for local firms to work out investment strategies based on applications in the 4.0 era to achieve sustainable growth, according to the Ministry of Industry and Trade.
Further, data released at the World Economic Forum recently uncovered that Vietnam is among countries that have yet to embrace change in the industrial revolution. It ranked 81st among 100 nations for a high-quality workforce and 90th out of 100 nations in terms of technology and innovation.
In addition, the local industrial sector has faced multiple obstacles in digitalization and applying advanced technologies and smart devices to production chains.
