Press Releases
Catch Opportunities of Northern Vietnam’s Booming Manufacturing Industry In 2016

Ho Chi Minh City, 7 January 2016 - Due to TPP and FTA agreement negotiations, 2015 is considered as an important milestone of the growth of the manufacturing industry in Vietnam. According to the Asian Development Bank, Vietnam’s economy maybe the fastest growing amongst 6 main tracked countries in Southeast Asia. Disbursed foreign investment surged 17.4 percent to a record-high of $14.5 billion in January-December from a year earlier. Foreign investment climbed 12.5 percent. Industrial production jumped 9.8 percent and manufacturing rose 10.6 percent in same period from year earlier. (*)

The industry also sees strong investment flows from global brands such as Huyndai, LG, Intel, Nokia - Microsoft, Canon, Sony, Posco, Doosan, etc. In these, many of them have been built up their factories across Vietnam, mainly concentrated in the Northern and Southern regions, leading to increased demand of equipment, technologies and services in these 2 areas.

To capitalize on these needs, in addition to the annual MTA VIETNAM organized in Ho Chi Minh City, 2016 will also mark the return of the biennial MTA HANOI from the 26th to 28th April. This event is the most effective connecting point for manufacturing industries in the Northern of Vietnam to seek for production machinery - where the international and local technology suppliers can meet up with the right industry buyers.

MTA HANOI: Impressive Statistics and Testimonials in 2014
In the last edition, MTA HANOI2014 successfully attracted 143 exhibitors from 19 countries and regions, a 24% increase compared to MTA HANOI2012. The exhibi-tors filled up 3000m2 of exhibition space, clearly divided into 4 main areas: Metal Cutting and Forming Machine; Testing and Measuring Tools and Equipment; Cutting Tools and Tooling System; Supporting Systems and Other Products. In these, there were 3 international group pavilions including Czech (16 companies), Singapore (15 companies) and Taiwan (17 companies).

Mr Petr Zemanek, General Manager of the Association of Engineering Technology, Czech Republic, said “Vietnam’s healthy investment landscape and local manufac-turing sectors has positioned the region as one of immense growth potential in the minds of Czech’s industry players. Our participation at MTA HANOI has made it possible for us to promote our home-grown brands and capabilities. Through the multiple networking opportunities available during three show days, we were able to glean valuable knowledge of North Vietnam’s bustling manufacturing community and its prospects for future growth.”

Shared the same comment, Mr. Philip Loh, Managing Director of Bystronic said: “North Vietnam’s increase in appetite for high technology to meet their production needs augurs very well with Bystronic’s range of machines. MTA HANOI provides us with this platform to showcase our capabilities and network with the industry. We are happy with the quality of visitors at this show.”

Meanwhile, Dr Christian Braun, Managing Director of DMG Mori Seki South East Asia, Singaporesaid “As the capabilities of the Vietnam manufacturing community improves, getting the best and right technology for their production needs is crucial. DMG MORI is pleased that its range of machines has played an important role in growth of the industries here. We have chosen MTA HANOI as our key platform to showcase our technology and we are pleased that we have received good business contacts, and the inquiries for our machines have increased significantly at this year’s show.”

The Well Timed Return of MTA HANOI in 2016
MTA HANOI2016 expects to gather 160 exhibitors from 19 countries and regions (increases around 12% from the last edition in 2014).

As the latest update from the organizer, Singapore Exhibition Services Ltd, key in-dustry players: BIBUS, CKD, NAM SON, NT TOOL, OLAS, SODICK, MACTECH, HAAS FACTORY OUTLET (A division of Bao Son TechTech), etc together with 3 international groups (1 from Singapore and 2 from Taiwan) have confirmed their presences in MTA HANOI2016 to showcase their latest technologies and equipment.

Besides the main exhibition, there are two technical seminars hosted by Multi Engi-neering Services (MESLAB) and Vietnam Association of Mechanical Industry (VAMI) promising to be the trusted networking and knowledge platforms for industry leaders.

Mr. BT Tee - Deputy Chief, Vietnam Representative Office, Singapore Exhibition Services, the organizer of MTA HANOI2016 shares: “Vietnam remains highly com-petitive with her educated and skilled workforce, increasingly pro-business invest-ment policies and very competitive wages. We see a longer term trend for more manufacturers making Vietnam an industrial production hub for their global opera-tions in the years to come. As quality standard rises, and production expands, capital investment will follow so we see Vietnam as the best industrial production base in ASEAN to sell technology into in the years to come. On our part, we will ensure that the relevant buyer groups and industries are well informed of this event in Hanoi and surrounding regions to ensure attendees of MTA HANOI 2016 leave with a productive experience”.

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(*) According to: http://www.thanhniennews.com/business/vietnam-economic-growth-quickens-on-investment-manufacturing-57438.html

Additional Information:

• MTA HANOI2016 at a glance:
• Exhibition: The 4th International Precision Engineering, Machine Tools and Metalworking Exhibition & Conference
• Venue: International Centre for Exhibition (I.C.E], Cultural Palace
• Address: 91 Tran Hung Dao Street, Hanoi, Vietnam
• Date: 26 - 28 April, 2016 (Tues - Thurs)
• Time: 0830hrs –1700hrs
• Registration:
 www.mtahanoi.com/pre-reg

About MTA HANOI2016:
As a part of MTA event series, MTA HANOI was first launched in HANOI in 2010 and the show has since grown to become the most comprehensive manufacturing solutions trade event in the Northern of Vietnam. Highlighting the latest technologies, products and solutions in precision engineering, machine tools and metalworking from around the world, MTA HANOI2016 connects the industry with global movers and shakers in manufacturing. MTA HANOI is organised by Singapore Exhibition Ser-vices Pte Ltd and co-organised by VCCI Exhibition Service Co Ltd. For more information about the event, please visit: www.mtahanoi.com

Media contacts 
Joey Tran
Public Relation & Conference Executive
Singapore Exhibition Services, Vietnam Representative Office
Tel: (+84) 8 3930 7618 (Ext: 108)
Email: 
joeytran@vietallworld.com

MTA HANOI2016 QUICK FACTS
 4300 Sqm / Exhibition Area 177  Exhibitors | From 19 countries / regions  4619 Trade Visitors | From 12 countries/ regions04 International Group Pavilions