The exhibition takes place until 5-7 days, attracting 514 units from 22 countries and territories, displaying - introducing modern machines to meet the trend of Industry Revolution 4.0. Among them, there are businesses (DN) of countries that have joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) such as Japan, Singapore, Malaysia ...

 

 

Enterprises visiting the exhibition were introduced with 4.0 technologies.

At the opening ceremony, Mr. Shinji Hirai - Head of Office - Japan Trade Promotion Organization (JETRO) information, FDI from Japan invested in Vietnam increased significantly in recent years. Japanese businesses are very excited in cooperating with Vietnam.

 

If the annual customer ratings of JETRO offices are worldwide (74 offices located in 54 countries), Ho Chi Minh City and Hanoi ranked third and fourth in the world, respectively. 2018). Compared to 10 years ago, Vietnam's economy has grown strongly and the number of businesses investing from Japan to Vietnam has also increased sharply. If in April 2009, there were only 446 members of the Japanese Business Association in Ho Chi Minh City, 10 years later, the number more than doubled, currently 1,020 enterprises.

 

"This exhibition, we have 24 booths of the leading companies in Japan, Japanese businesses look forward to seeking opportunities for development cooperation in Vietnam," said Mr. Shinji Hirai.

 

Mr. William Lim, MTA Vietnam Organizing Committee 2019, said that when entering the 4.0 Revolution, Vietnamese enterprises and factories were also looking for ways to collect advanced technologies and production processes to meet. New needs, new challenges. To meet this demand, the exhibition introduced the latest technologies for the first time in Vietnam. In particular, there are booths introducing products that meet the 4.0 technology standards.

 

At this booth, exhibitors will introduce solutions, as well as technologies and products that address the pillars of Revolution 4.0.

 

According to William Lim, 9 technology pillars that create the foundation for Industry 4.0 include: Big data and big data analysis; Robots automation; Simulation; Integrated horizontal and vertical systems; Technology of all things connected (IoT); Network security; Cloud; Accretion production; Augmented reality.

 

At the opening ceremony of the exhibition, many experts recognized the world is moving towards the era of Industry 4.0, while the production level of Vietnamese industry is just at the inception phase and faces limited limitations in the industry. new technology, information, skills and infrastructure.

 

However, experts are optimistic that with the fledgling steps, Vietnam's mechanical engineering industry is expected to have great potential to grow and participate in the high value production chain of the industry. If businesses in the country know to take advantage of opportunities and create conditions for development.

 

In the first half of 2019, Vietnam's mechanical engineering industry continued to maintain a stable growth. In which, industry and construction contribute to GDP growth of Vietnam accounting for 8.6%, the highest among key industries of Vietnam.

 

According to experts, the industry will lead the growth of GDP in the near future with foreign direct investment into Vietnam (FDI) for the manufacturing industry segment.