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mechanical engineering

Measures needed to help develop VNs mechanical engineering industry

Measures needed to help develop VN's mechanical engineering industry

Measures should be taken to bolster the development of Việt Nam’s mechanical engineering industry. Despite having about 3,100 mechanical engineering companies with 53,000 production facilities, the firms account for just 7 per cent of the market, according to the Vietnam...
Mechanical engineering firms urged to enhance cooperation

Mechanical engineering firms urged to enhance cooperation

Domestic mechanical engineering enterprises should strengthen cooperation to improve competitiveness and gain more market share, industry experts have suggested.
Viet Nams mechanical engineering market to reach 300b by 2030

Viet Nam's mechanical engineering market to reach $300b by 2030

Total demand of the domestic mechanical market by 2030 is estimated to reach about US$300 billion, according to the Viet Nam Association of Mechanical Enterprises (VAMI).
Viet Nam, Slovenia eye cooperation potential in mechanical engineering

Viet Nam, Slovenia eye cooperation potential in mechanical engineering

Viet Nam and Slovenia boast high potential of cooperation in manufacturing agro-forestry-fisheries machineries and equipment – an area of Slovenia’s strength and Viet Nam’s demand
Policies to develop domestic mechanical engineering needed

Policies to develop domestic mechanical engineering needed

Viet Nam needs to increase policies to promote the development of the domestic mechanical engineering industry and enable local manufacturers to compete with foreign competitors.
Policies needed to promote mechanical engineering in agriculture

Policies needed to promote mechanical engineering in agriculture

Viet Nam must now import about 70 per cent of its agricultural machinery, mainly from China.
PTSC MC affirms Viet Nams marine mechanical engineering brand

PTSC M&C affirms Viet Nam's marine mechanical engineering brand

Viet Nam’s marine mechanical engineering has won many bidding packages worth tens of millions of dollars. Among them, PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C) shines bright as one of the leading companies in engineering, procurement, construction and...
Mechanical engineering industry needs more incentives: PM

Mechanical engineering industry needs more incentives: PM

Prime Minister Nguyen Xuan Phuc emphasised the need to facilitate the development of the mechanical engineering industry while addressing a conference in Ha Noi on Tuesday.
Mechanical engineering industry needs more Govt support

Mechanical engineering industry needs more Govt support

The mechanical engineering industry needs supportive policies from the Government to enhance its competitiveness during the fourth industrial revolution.
Central province eyes 5 million mechanical engineering plant

Central province eyes $5 million mechanical engineering plant

The Quang Tri Province People''s Committee has granted approval in principle for the province-based No 1 Trade limited company to develop a mechanical engineering plant in the locality.
Viet Nam must adjust mechanical engineering development strategy: firms

Viet Nam must adjust mechanical engineering development strategy: firms

Viet Nam needs to adjust its development strategy for the mechanical engineering industry to ensure it develops sustainably.
Trade ministry to inspect big firms

Trade ministry to inspect big firms

The Ministry of Industry and Trade (MoIT) will conduct annual inspections on a number of State and private businesses in different sectors, including those involved in petroleum, telecommunications, pharmaceuticals and multi-level marketing.
City sets high targets for 2019

City sets high targets for 2019

HCM City targets 8-8.2 per cent growth for its industrial sector in 2019, according to its Department of Industry and Trade.
Engineering sector needs reforms

Engineering sector needs reforms

Viet Nam’s mechanical engineering industry is lagging far behind the world that requires both the Government and business to renovate to keep track of the fast-moving technological revolution.
Engineering firms slam red tape

Engineering firms slam red tape

Red tape is the main hurdle to the development of the mechanical engineering industry in HCM City, businesses in the sector told city authorities at a meeting on Wednesday.