Vietnam hopes to strengthen Vietnam-China cooperation in machinery and equipment manufacturing

Nguyen Van Thu, chairman of the Vietnam Machinery Enterprise Association, said at the press conference of the 8th China Machinery (Vietnam) Exhibition on the 1st that machinery and equipment manufacturing has always been one of the key development areas of Vietnam's industry. Vietnamese enterprises hope to strengthen cooperation with China in various forms. The exchange and cooperation of machinery manufacturing enterprises. Nguyen Van Thu said that since Vietnam joined the World Trade Organization, the development of machinery and equipment manufacturing and related industries such as automobile manufacturing and shipbuilding has been identified as a priority area for the government to support and develop. In recent years, the output value of Vietnam's machinery manufacturing industry has grown by more than 19% annually. By 2020, Vietnam's self-sufficiency rate of machinery and equipment will reach 50%. He said that the machinery and equipment produced in China, especially the cement, hydroelectric equipment and construction machinery, are of high quality and technological content, and the prices are moderate. This China Machinery (Vietnam) Exhibition will build a platform for companies from both countries to communicate with each other, seek business opportunities and strengthen cooperation. Li Siwei, representative of the exhibition organizer, Yuezhao (Hong Kong) International Exhibition Company, said at the press conference that the China Machinery (Vietnam) Exhibition, which has been held for many times, has now become one of the largest exhibitions held by China in Vietnam. The exhibition is rich in exhibits, and will focus on displaying various large-scale construction machinery, metal processing machinery, machine tools, food packaging machinery and power generation equipment manufactured by Chinese enterprises, reflecting the latest scientific research achievements and advanced technologies of China's machinery industry in recent years. He said that the previous China Machinery (Vietnam) exhibitions have achieved great success, and he believes that this exhibition will provide better services for relevant enterprises of China and Vietnam to conduct trade negotiations and technical exchanges, and promote the in-depth development of economic and trade relations between the two countries. The 8th China Machinery (Vietnam) Exhibition will be held in Ho Chi Minh City, Vietnam from July 28th to 31st. This exhibition will provide 350 standard booths with an exhibition area of u200bu200b10,000 square meters. More than 250 manufacturers in China's machinery industry will participate in the exhibition, and half of the exhibitors are well-known large enterprises in China.