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Given the Vietnam capital’s favourable geographic location, economic and political stability and high
potential for hi-tech development, a number of international manufacturers have been extending their
presence in the area. Foreign investment in Hanoi recorded a three-fold increase for the first nine
months of 2011, attracting US$999.6 million. These included the Vietnamobile business cooperation
contract and GTEL global mobile and telecom joint-stock companyi.
Japan is one of the five biggest investors in Vietnam, totalling 11 per cent of foreign direct investment
(FDI) in the countryii. Kyocera has announced its intention to build a factory near Hanoi to produce
cell phone componentsiii , whilst Nikkiso will be expanding the company’s production of aircraft
components in its Vietnamese factory in early 2013iv.
These are in addition to multinationals such as Canon, Denso
Manufacturing, Honda, Panasonic and Toyota which have already established manufacturing &
assembly facilities in North Vietnam.
“It is timely to stage the next edition of MTA in Hanoi as reports have shown that Vietnam’s
manufacturing industry has been growing at a steady pace, and it is encouraging to witness similar
progress in Hanoi as well. Demand for the latest manufacturing technologies and solutions from
international companies is evident, and MTA HANOI 2012 will give these companies and the local
manufacturing sectors a tremendous boost by matching them with the latest products, solutions and
technologies in precision engineering, machine tools and metalworking,” said Mr. William Lim, Project
Director (Machinery Events), Singapore Exhibition Services (SES).
The companies at MTA HANOI 2012 will showcase international technologies on the exhibition floor
which include metal-cutting machine tools, metal-forming machine tools, test & measurement
equipment & systems, cutting tools, tooling systems, and industrial tools & components.
There will also be ample opportunities for local industry players to connect face-to-face and network
with both international and home-grown reputable exhibitors offering the latest solutions for Hanoi’s
blooming manufacturing sector.
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