MTA Vietnam 2016 to open in HCM City
The 14th International Precision Engineering, Machine Tools and Metalworking Exhibition and Conference (MTA Vietnam 2016), featuring the latest in advanced technologies and equipment, will be organised in Ho Chi Minh City from July 5-8.
The event will feature a strong lineup of companies representing the industry value chain. These include Akyapak, DMG MORI, Ficep, Guehring, GF Machining Solutions, Goodway, Haas, Hoffmann Quality Tools, Hurco, Hwacheon, LITZ, Makino, Mazak and Mitsubishi Electric.
Vietnamese companies, especially small- and medium-sized enterprises, have been urged to upgrade industrial technology and improve productivity in order to move up the value chain and enhance their competitive advantage.
The Industrial Production Index in Vietnam rose 7.9% on the year in April, which marked an acceleration compared to the 6.2% increase recorded in March, when the processing and manufacturing industry led the way with year-on-year growth of 12.5%, according to the General Statistics Office.