A booth in the MTA Vietnam 2015 (Source: VNA)
HCM City (VNA) – As many as 416 enterprises from 24 countries and territories worldwide, are displaying technologies, products and machines in the precision mechanical sector at an exhibition which opened in Ho Chi Minh City on July 5 .

BT Tee from the Singapore Exhibition Services company said the International Precision Engineering, Machine Tools & Metalworking Exhibition (MTA Vietnam 2016) has attracted a greater number of businesses compared to previous events, especially foreign companies (accounting for 76 percent of the total).

It helps enterprises promote products, boost trade connectivity and seek potential customers, he stressed.

According to the Taiwan External Trade Development Council (TAITRA), up to 50 Taiwanese businesses are participating in MTA Vietnam 2016, including many prestigious brands such as Awea Mechatronics, Hosea and Hannsa Precision Mechanics, and City Tools.

In recent years, Taiwan’s mechanics firms and suppliers have seen Vietnam as an attractive investment destination, Director of TAITRA’s representative office in HCM City Tang Ming Hui said, adding that the event offers a good chance for Taiwanese companies to enquire about the Vietnamese market and expand their business in the country.

Tran Viet Dung from the Vietnam Chamber of Commerce and Industry highlighted the significance of the event, saying that it has become a trustworthy venue for domestic and foreign enterprises to introduce competitive solutions in the mechanical and manufacturing industry, thus enhancing links in the field.

It also plays an important role in supporting and promoting the development of the sector, helping businesses easily select equipment and technologies to improve their production, he said.

This year’s event will last until July 8.-VNA