Viet Nam News
HÀ NỘI — Contech Vietnam 2018, an international trade fair for construction, mining and transportation, opens today at the National Exhibition Construction Centre in Hà Nội.
More than 50 businesses from many countries and territories including Italy, Japan, German, South Korea, Bulgaria, Singapore, Taiwan, Malaysia, mainland China and Việt Nam are participating in the event, showcasing advanced machinery, equipment, technology, vehicles and materials.
General Secretary of Vietnam Federation of Civil Engineering Association Trần Đình Thái said machinery and technology for the construction industry changed annually, requiring individuals and businesses to catch up and enhance their capacity.
“While relevant regulations on construction are stricter and requirements on safety and efficiency in construction and operation have become more important, Contech Vietnam 2018 is essential to the country’s construction industry as it helps local constructors update their technologies,” said Thái.
According to report from the General Statistics Office, the size of Việt Nam’s economy in 2017 at current prices reached VNĐ5 quadrillion (US$214.13 billion), of which industry and construction and services made up a large part, contributing 74 per cent to the economy. GDP per capita was estimated at VNĐ53.5 million ($2,385), an increase of $170 compared with 2016.
During the event, there will be seminars on the application of advanced technology in mining in Quảng Ninh, the coal hub of Việt Nam, updated information about Việt Nam’s construction industry, and “Green Construction Materials, Energy Savings - Solutions and Products.”
The event will last until Saturday. — VNS