The event, the country’s leading exhibition on machinery and technology for manufacturing industry, held by Reed Tradex Co., Ltd., is expected to see over 200 brands from 20 countries, together with five international booths of Japan, the Republic of Korea, Thailand, Singapore and Taiwan (China), heard a press conference in Hanoi on March 23.

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The press conference. Photo: thanhtra.com.vn 

They will join other two exhibitions held within the event: “Vietnam Sheet Metal” and “Industrial Components & Subcontracting Vietnam”.

The VME Forum “Highway to Industry 4.0: Smart Factory for Vietnam Manufacturing in Increasing Productivity” will unravel the mystery of Industry 4.0 (the current trend of automation and data exchange in manufacturing technologies) and how manufacturers in Vietnam can make it work for them.

According to Isara Burintramart, Managing Director of Reed Tradex Co., Ltd., Vietnam has shifted to producing higher value products instead of traditional ones. He witnessed significant changes in Vietnam’s industry in the past decade, which still has signs of development especially when the world is entering the Industry 4.0 era.

“I believe that Vietnam’s workforce is ready to learn and step into the Industry 4.0 era. The best way to approach the 4.0 revolution is to do in small steps, starting with a strategy or a pilot project”, he said.

Nguyen Van Thu, Chairman of the Vietnam Association of Mechanical Industry, agreed, adding that the small and simple steps need to be taken immediately.

Investing in human resources should be considered the most important task for local manufacturers in addition to fostering technical innovation and enhancing cooperation among businesses to maximize efficiency and avoid overlapping investments, he said.

In the VME framework, Reed Tradex will join hands with the Vietnam Association of Mechanical Industry (VAMI) to organize a conference on new application and technology in manufacturing mechanical products. The conference is expected to gather 100 mechanical companies.

Source: VNA