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Metalex Vietnam 2015: Exploring Business Opportunity in Vietnam

By CFM , 2015-10-10 12:00:00

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Metalex Vietnam 2015 welcomed its exhibition which lasted for three days since October 8, 2015 in Ho Chi Minh City. As a media partner, ChinaFastener.com demonstrated the latest issue (18th) of ChinaFastener Magazine to onsite visitors and exhibitors at the booth G30.

ChinaFastener.com

 

Organized by Reed Tradex Company, Metalex Vietnam is one of the METALEX series regarding metal products. It is held not only in Ho Chi Minh City of Vietnam, but also Bangkok, Thailand. In this year, the Metalex Vietnam was exhibited in SECC (TT Tiren Lam Saigon) with two exhibition Halls—A1 and A2. Products for exhibition consisted of the Factory Automation, Molds and Dies, Foundry, Sheeting Metalworking, Tools and Tooling, Surface Treatment, Pump & Valves and relative Solutions and Technologies. Lectures regarding manufacturing were provided on site of Metalex Vietnam 2015. Though with limited scale, it attracted parts of the specialists to attend the lectures.

 

Besides the entrepreneurs from Vietnam, exhibitors from Japan took a large share of the total number; following were Thailand, Korea, Mainland China, Taiwan, and Singapore. Less than 10 fastener enterprises were discovered in this show, which were basically the Japanese and Korean companies. Through communication, these fastener enterprises clearly expressed to CFM Journalist that they had plans to attend the Fastener Expo Shanghai next year. It was learned by CFM Journalist that what many fastener purchasers concerned is that whether they can find distributors and agents of fasteners originated from China. Reason for their concerned is that most of these purchasers are traders or end users of fasteners. With limited possibility to direct import of fasteners, they would like to find fasteners locally.

China Pavilion

Japan Pavilion

 

Taiwan Pavilion

Thailand Pavilion

Based on analysis, Vietnam is one of the large demand sources of locomotives fasteners, electronic fasteners, furniture fasteners and construction fasteners. Basically, the locomotives and electronic fasteners are imported from Japan and Korea. China’s fastener enterprises own a large share of providing furniture fasteners. The demand of Machinery and Construction fasteners from Vietnam is expected to grow significantly in the future. With the advantages of low labor costs and land costs as well as the great potential of growth in manufacturing industry, Vietnam is estimated to attract a higher potential of investment. To establish a subsidiary or factory in Vietnam should be a big plus for fastener enterprises to increase their international competitiveness in the line.

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