Why Vietnam?

Vietnam is becoming an ASEAN production mecca, to establish a strategic marketing platform for machinery industry. In recent years, the situation of manufacturing industrial machinery and equipment in Vietnam has been increasingly developing significantly. In 2018, Vietnam’s export value of machinery, equipment and spare parts reached USD 16.55 billion, an increase of USD 3.64 billion compared to 2017.

1. About VIETNAM

Full Name: The Socialist Republic of Vietnam

Mainland Territory: 331,211.6 sq. km

Population: 85,789.6 thousand inhabitants (Apr. 2009)

Lying on the eastern part of the Indochinese peninsula, Vietnam is a strip of land shaped like the letter “S”. China borders it to the north”, Laos and Cambodia to the west, the East Sea to the east and the Pacific Ocean to the east and south

Vietnam is also a transport junction from the Indian Ocean to the Pacific Ocean

2. Overview

3. World machinery industry exports in 2017

(Unit: $ billion)

4. Maor import items in 2018

5. Vietnam machine industry imports in 2018

(Unit: USD)

6. Diversity type of industries

The Northern Key Economic Zone dedicates to the development of commerce, exports, technology, services, and telecommunications, consisting of eight municipalities and provinces focusing mainly on agricultural products

The Central Key Economic Zone has been known for its marine economy. Over the next few years, the area aims to increase development in sectors such as oil and gas, shipbuilding, logistics, and other high-tech industries

© 2019 Copyright VIMAF. All Rights Reserved.