The importance of supporting industries in manufacturing in Vietnam
Supporting industries play a very important role in the production process and economic development of a country. In Vietnam, the supporting industry is growing strongly and has great potential to become a notable sector. In this context, METALEX Vietnam 2023 will provide experts and manufacturers with the latest technologies and trends in the field of supporting industries. Let’s learn more about the importance of this industry in manufacturing in Vietnam.
1. What is supporting industry?
1.1. What is supporting industry?
Supporting industry is the industry that manufactures and provides products, services, components and supporting equipment to other manufacturing industries to help increase productivity, improve product quality and reduce production costs. Supporting industry products, services and components may include machinery, measuring equipment, software solutions, materials, finished products and other industrial products.
1.2. List of current supporting industries
Currently, supporting industries have become an important part of the global economy and contribute a lot to various manufacturing industries. Here are some popular categories of supporting industries:
- Electronic components manufacturing: This is a very strongly developed industry in recent times. Electronic component manufacturing companies focus on the production of parts and equipment for electronic products such as phones, computers, entertainment equipment, cameras, camcorders, …
- Automobile and motorcycle manufacturing: The automobile and motorcycle manufacturing industry includes the production of parts and equipment such as engines, control systems, suspensions, etc.
- Medical equipment manufacturing: This is a fairly diverse field, including the production of medical equipment such as X-ray machines, ultrasound machines, other supporting equipment…
- Manufacturing industrial machinery and equipment: in this field focus on manufacturing equipment and accessories such as cutting machines, grinding machines, welding machines, drills, lathes …
- Manufacturing plastic products: This industry focuses on the production of plastic products such as plastic bottles, plastic containers, plastic bags …
- In addition, there are many other sectors such as footwear manufacturing, pharmaceutical manufacturing, food production, etc. that all have the participation and contribution of supporting industries.
2. The importance of auxiliary equipment for the mechanical processing industry.
The importance of auxiliary equipment for the mechanical processing industry is huge. These devices are used to support the production process, increase productivity, and reduce production time and costs. For example, cutting, drilling, grinding and welding tools are used for cutting, drilling, grinding and welding mechanical parts. Other machines and equipment are also used to make mechanical machining more accurate and faster.
Without auxiliary equipment, the production process would become sluggish and require more precise manipulation. This will affect productivity, product quality and costly costs. Therefore, businesses need to invest in auxiliary equipment to enhance production efficiency.
With the development of technology, auxiliary equipment is increasingly improved and equipped with new features to meet the increasing production needs in the mechanical industry. Investing in new auxiliary equipment helps mechanical enterprises strengthen competition in the market and improve product quality. This is essential for businesses to develop sustainably in the mechanical engineering industry.
3. The great potential of supporting industry in Vietnam
Supporting industry plays an important role in the development of many key industries, especially mechanical engineering. These industries provide the services and products necessary for the production of major industries. These products include components and equipment, spare parts, cutting tools, measurement and inspection equipment, materials, software and other services.
However, the dependence on imports of supporting products is still very large in Vietnam. This indicates shortages and limitations in the domestic production of supporting products. The main limitation is that Vietnam has not fully developed and has not really been invested heavily.
Despite this, this industry in Vietnam has enormous potential to grow and meet domestic production as well as export needs. Vietnam has the advantages of low labor costs, favorable geographical terrain and many resources. In addition, the government is also stepping up investment in infrastructure and regulatory reform to attract more investors in supporting industries.
METALEX Vietnam 2024 will be the place to update the latest information and trends on supporting industries and advanced technology solutions in production. This is an opportunity for enterprises in mechanical engineering and other industries to learn about the latest products, services and technologies in the industry and establish cooperative relationships to develop domestic production.
4. METALEX Vietnam 2024
METALEX Vietnam is the leading international exhibition on industrial machinery, technology and services in Southeast Asia, held annually in Vietnam. This is a gathering place of leading manufacturers, suppliers and distributors in the manufacturing industry, with the participation of companies from more than 50 countries around the world.
METALEX Vietnam 2024 will be a great opportunity for enterprises in supporting industries and related industries to update and introduce the latest products and technologies, explore the market and seek cooperation opportunities, and participate in networking activities and exchanges among experts in the industry. The exhibition will also showcase the latest trends in the industry, especially in the field of 4.0 and other advanced technologies.
With a large scale and professionalism, METALEX Vietnam 2024 promises to bring many opportunities for businesses in the industry in Vietnam, helping them promote their business and develop more in the future.
5. Summary
Supporting industry plays an important role in developing and improving the competitiveness of major industries. In particular, the mechanical engineering industry contributes greatly to the development of Vietnam’s economy. However, the current situation of the mechanical auxiliary industry in Vietnam still has many limitations and challenges that need to be addressed. Many enterprises in this industry are still facing difficulties in terms of investment capital, technology and production management. These hinder the improvement of product quality and increase the competitiveness of the mechanical engineering industry in the context of deepening international economic integration.
However, the development potential of mechanical auxiliary industry in Vietnam is huge, especially in the context that Vietnam is deeply integrating and aiming to become a manufacturing and manufacturing center in Southeast Asia. METALEX Vietnam 2024 is a great opportunity for businesses in the mechanical support industry to showcase, introduce new products and technologies, seek partners and expand markets. The promotion of the development of mechanical supporting industry will contribute to strengthening Vietnam’s mechanical industry and help bring our country’s economy towards more sustainable and efficient development in the future.
