Vietnamese enterprises will have the opportunity to access the latest manufacturing and tool technologies at the 8th Vietnam International Precision Engineering, Machine Tools and Metalworking Exhibition (MTA) held in HCM City next month.

The four-day (July 5-8) event, covering 8,800sq.m is the largest ever exhibition of its kind to be held in the city, Bui Thi Thuc Anh, director of VCCI Exhibition Service Ltd Co, said at a press conference held on June 16 in HCM City.

MTA Vietnam would incorporate Metrology Vietnam, ToolTec Vietnam, SubCon Vietnam and Automation Vietnam, she said.

The exhibition would help domestic businesses promote their products and build new partnerships. It would also provide an ideal platform for these companies and visitors to achieve a sound understanding of the manufacturing industry in Vietnam.

William Lim, project director of MTA Vietnam 2011 said this year's exhibition would feature over 300 exhibitors from 27 countries and territories. There will be 11 group pavilions from mainland China, Germany, Italy, Japan, the Republic of Korea, Singapore, Taiwan, Thailand, Turkey and the UK.

Some of the major companies exhibiting at MTA Vietnam 2011 include Amada, Blum, Bystronic, Campro, Carl Zeiss, Chin Fong, Guehring, Heidenhain, Jainnher, Mitsubishi Electric, Mazak, Renishaw, Nikon and Mitutoyo.

A two-day conference would be held alongside the exhibition. It would provide a platform to network with businesses, industry professionals and discuss the latest developments taking place in the manufacturing sector.

According to the Ministry of Planning and Investment, Vietnam's manufacturing industry has been experiencing steady growth with the sector ranking second last year in terms of attracting Foreign Direct Investment.

This marked a step up from the third rank in 2009 with a 127 percent increase in registered capital.

With the country's manufacturing sector progressing as a result of Government encouragement, World Trade Organization commitments and industrial liberalization, the country is set to become one of Southeast Asia's major manufacturing hubs.

MTA Vietnam 2011 is organized by the VCCI Exhibition Service Ltd Co in collaboration with Singapore Exhibition Services Pte Ltd.