Most large companies operating in industrial parks in Vietnam that were affected by anti-China riots earlier this month have resumed operations.
The riots occurred after protests over disputed territory in the South China Sea. Vietnam has about 200 industrial parks; they account for more than 30% of its exports and have attracted around $110 billion in foreign direct investment.
Jerry Shum, a spokesman for Yue Yuen Industrial Holdings Ltd, said: “Vietnam is one of the most attractive places to do manufacturing. It’s a combination of people who are skilful, a good workforce that is diligent and competent, and wage levels that are competitive compared to the rest of Asia.”
Machinery Market is exhibiting at MTA Vietnam in Ho Chi Minh City from 8-11th July (
www.mtavietnam.com). and is producing a special show edition of the magazine for distribution to the many machine tool buyers attending the show.
Advertisers will also qualify for a free advert in the weekly international magazine and all machines advertised will be listed on
www.Machinery-Locator.com. For further details tel. +44 (0)20 8460 4224 or email: