This is an annual exhibition, displaying and introducing products for key industries such as machinery, industrial equipment, mechanical processing, automation, 3D printing and design technology, solutions applying 4.0 technology, IoT, smart manufacturing, AI, industrial robots...
VIMF is a pioneer in focusing on organizing in large industrial zones in Vietnam, to ensure quality and update new technologies as quickly as possible... Each exhibition welcomes over 20,000 visitors, providing opportunities for businesses to find partners, expand markets, update information, learn from experience and improve competitiveness in the market.
The 5th Vietnam Industrial & Manufacturing Exhibition 2024 is expected to attract about 650 booths, with the participation of more than 500 enterprises from 27 countries and territories such as Singapore, Japan, Korea, India, China, Thailand, Malaysia, USA, Indonesia, Turkey, Italy, Germany...
Within the framework of the exhibition, there will also be many activities such as seminars and forums discussing the current situation and trends of industrial development in Vietnam and internationally. The programs include seminars on automation, semiconductor industry, high technology, etc.
According to the assessment of the Ministry of Industry and Trade, digital transformation will create conditions for all businesses to participate in the supply chain. “Made in Vietnam” supporting industrial products have been trusted by many large corporations in the world investing in Vietnam such as Samsung, LG, Apple, Honda, Toyota, ... and have become suppliers of a number of supporting industrial products serving the main industrial product chain.
In 2024, big names in technology have come to Vietnam. For example, Trina Solar (China): 454.4 million USD; Gokin Solar's Photovoltaic Cell Technology Complex Project (Hong Kong - China): 274.8 million USD; BOE's Electronic Equipment Factory Project (China): 275 million USD; Hyosung's Bio-BDO (Butanediol) Bio-fiber Factory Project (Korea): 730 million USD; Amkor Technology Group Project (USA): 1.07 billion USD...
Ms. Do Thi Thuy Huong - Vice President of the Vietnam Supporting Industry Association - said that in the context of the current global economic integration, the localization rate is not as important as the technology content contributing to the value chain. Contributing to the high technology content in each new product is the profound meaning that Vietnam's supporting industry needs to aim for.
Currently, domestic supporting industry enterprises are also increasingly actively applying modern standards and management tools to production and manufacturing, in which, large economic groups operating in the fields of basic industry, materials, mechanical engineering such as Viettel, Vingroup, Truong Hai, Thanh Cong, Hoa Phat... have been formed and developed, creating a foundation for the supporting industry, helping Vietnamese enterprises participate in the global production network and value chain.
Therefore, the Vietnam Industrial & Manufacturing Exhibition 2024 opens up opportunities for businesses to learn about and access modern industrial machinery and equipment, solutions applying 4.0 technology, smart manufacturing and high automation in industrial production. At the same time, it is a lever to enhance investment cooperation capabilities, bring advanced technology products to industrial production in Vietnam in general and Bac Ninh province in particular, contributing to improving the competitiveness of businesses, enhancing investment cooperation capabilities, meeting the strong development and production needs as today.
Mr. Nguyen Hoang - Chairman of the Hanoi Association of Supporting Industry Enterprises (Hansiba), Vice Chairman of the Vietnam Association of Supporting Industry (VASI) commented: "In the trend of transforming the supply chain, in order to not become a "buffer zone", Vietnam needs to improve its capacity to absorb FDI capital flows, take advantage of opportunities for change and technological autonomy, develop supporting industries to gradually become autonomous in production and export, moving towards Vietnamese enterprises replacing foreign companies".
