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Update news mechanical engineering
Measures should be taken to bolster the development of Vietnam’s mechanical engineering industry.
Total demand of the domestic mechanical market by 2030 is estimated to reach about US$300 billion, according to the Viet Nam Association of Mechanical Enterprises (VAMI).
VietNamNet Bridge - Demand for industrial robots coupled with the skills of Vietnamese technology firms are expected to help drive the robotics industry in the country.
VietNamNet Bridge - Unable to compete with foreign manufacturers in the home market, Vietnamese mechanical engineering enterprises have to do outsourcing to survive.
VietNamNet Bridge - Many bidding documents require tenderers to provide import products, even if the products can be made domestically.
Though the State is the main sponsor for the majority of scientific research projects, state money alone cannot help develop the country’s science and technology efforts.
VietNamNet Bridge – The majority of scientific research in mechanical engineering deals with simulation and theory, and very few projects are associated with experiments and technologies.
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No considerable progress has been made so far in the mechanical engineering over the last 10 years when Vietnam implemented the 10-year industry development strategy.
Improper investment, capital, and technology policies have prevented the mechanical industry from reaching its set targets over the past ten years.