Ho Chi Minh City’s Index of Industrial Production (IIP) enjoyed a year-on-year rise of 7.89 percent in the first nine months of 2018, according to the municipal Statistics Office.
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 in HCM City.
Businesses in the mechanical sector in Hanoi are facing shortage of capital, production area and high quality human resources, as well as shortcomings in import taxes levied on materials.