Foreign enterprises eye Vietnamese mining market
Many foreign enterprises are keen on investing in the Vietnamese mining market due to the country’s huge mineral resources awaiting exploitation.
This was shared by BT Tee, deputy head of the representative office of Singapore Exhibition Services in Vietnam, at the Mining Vietnam 2016 held in Hanoi earlier this month.
According to Tee, Vietnam harbours the most potential as a mining market in Southeast Asia, booting its annual economic growth rate of 6%. This has been driving national energy consumption as well as ensuring the stability of the mining industry. The mining sector’s potential is expected to improve in line with Vietnam’s economic growth in the future.
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Such prospects incite many foreign companies to flock to 2016 Mining Vietnam Expo to showcase their latest equipment, machinery, and products.
This year, according to the organisers, the exhibition has attracted 171 exhibitors from 22 countries and territories, including six international group pavilions from the UK, the Czech Republic, Singapore, China, and Australia.
In addition, many renowned exhibitors in Vietnam joined the expo to look for new technologies, partners, and customers, the biggest name include Rieckermann, Vinza Corporation, Bosch Vietnam, Source of Asia, and Vinacomin.
Officially opened for the first time in 2012, Mining Vietnam is the most reliable exhibition in the mining industry in Vietnam, bringing together a large number of supply units all around the world.
In the framework of the event, two conferences were held to discuss solutions that improve mining productivity as well as searching for new products and ways to improve safety standards in daily mining work.
