2012 Manufacturing Industrial Exhibition Hanoi Vietnam

VENUE:	VEFAC - Vietnam Exhibition Fair Center www.vefac.vn/en/ (148 Giang Vo Ba Dinh, Hanoi, Vietnam)
SHOW DAY :	JUNE 5 - 7 (9:00-17:00) JUNE 8 (9:00-16:30)
ORGANIZER:	Ministry of Industry & Trade Vietnam National Trade Fair & Advertising Joint-Stock Company Yorkers Trade & Marketing Service Co., Ltd.
SPONSORS:	Ministry of Industry & Trade Ministry of Planning & Investment Ministry of Science, Technology Ministry of Natural Resources & Environment Vietnam Electricity Vietnam Automation Association Vietnam Association of Mechanical Engineering Taiwan Mold & Die Industry Association Taiwan Society of Manufacture Engineering and Automation Technology

ECONOMIC STATUS IN HANOI

ECONOMIC STATUS IN HANOI: Hanoi’s population will reach 3.2 – 3.3 million people by the year 2010, per capita GDP is expected to have an increase of 2.4 times in comparison to year 2000. Hanoi is the city with the highest qualified labor force with skillful occupations, there are currently more than 1.5 million working-age people in Hanoi, with trained labor forces accounted for 34% of the working age group. Over the past 5 years, the region’s GDP growth has been increased by 15% per year in extended industry; there is also an increase of 22.16% per year in foreign capital investment area, driven mainly by industrial expansion, consumer spending and fixed investments.

MACHINE TOOL

Nearly 80 percent of the Vietnamese population is involved in agriculture, which accounts for 30 percent of the GDP and 40 percent of the nation's exports. In 2009 Q1, the growth rate of rice exports increases 63%. Although the demand for machinery and equipment in the industry is huge, the domestic machinery industry cannot satisfy the internal demand because (despite some skill in copying and reverse-engineering) it has proven poor in design and quality. For the most part, domestic equipment is used in small scale processing factories. Medium and larger food processing enterprises and even smaller firms producing high quality products must rely on imported machinery and equipment. The food processing sector is forecast to maintain an average annual growth rate of 10 – 15 percent for the short term.