Industrial machinery and equipment has become one of the most potential markets in Vietnam today, with an average growth of 9% per year. Apart from this, the Vietnamese industrial sectors and exports have also gradually reached higher figures of 15% and 25% per year respectively.
The potential of this industry can be seen in the plastic, rubber, packaging, printing and food processing industry fair, which attracted a crowd of more than 10,000 Vietnamese and international visitors.
Organised by the Ministry of Trade-Vietnam National Trade Fair & Advertising Joistock Company and Yorkers Trade & Marketing Service Co., Ltd, Manufacturing Hanoi spanned across two halls at the Giang Vo Exhibition & Fairground.
Having joined the AFTA (Asian Free Trade Agreement), Vietnam’s trade tariff and non-tariff between ASEAN countries has been greatly reduced. This is a big boost to its import and export market.