The 2018 edition of Vietnam Manufacturing Expo (VME) closed its curtain on August 10, 2018 with over 7,933 industrialists and parts makers who came to find the right technologies for their smart factories and utilise them to further upgrade theproductivity and capacity of Vietnams manufacturing and supporting industries.
According to Capgemini’s Digital Transformation Institute, in the next five years, smart factories may contribute as much as $500 billion in added value to the global economy. Smart technologies offer a significant competitive advantage for manufacturers, such as increasing output, quality, and consistency. But they’re not easy to implement. Suttisak Wilanan, Deputy Managing Director of Reed Tradex said that “76% of manufacturers have an ongoing smart factory initiative or are working towards one, only 14% are satisfied with their level of success. However, manufacturers should not feel overwhelmed, especially for an early stage of manufacturing development’s country like Vietnam and those embarking on their journey should not change too much too soon or do so without the proper counsel”.
For this reason, VME 2018 - with over 200 leading brands and experts in the industry from over 20 countries, 4 international pavilions from Japan, Singapore, Thailand and Taiwan - concentrated to provide the technologies, solutions as well as the practical experiences about smart factory to support Vietnam manufacturers to overcome early-adoption challenges of Industry 4.0. The focus on Vietnam is timely as the country’s industrial production has been growing. Vietnam’s national index of industrial production advanced 11.2% on-year in the first 8 months of 2018.
Automation takes centre stage
Denne historien er fra October 2018-utgaven av International Plastics News for Asia.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra October 2018-utgaven av International Plastics News for Asia.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Industry innovations aimed towards a greener future
Sustainability and circular economy, energy saving technologies, high-performance materials with enhanced properties, and cost-efficient production processes are expected to dominate the plastics industry in 2022 and beyond.
Special extrusion lines for bioplastic compounds
The biodegradable and compostable plastics sector is growing steadily, and this is partly due to the fact that several measures have been taken, especially in the EU, to cut down on single-use plastics.
Plastics revolutionise medical device production
The coronavirus pandemic has brought into focus the urgent need for medical supplies – which included medical disposables, medical devices, laboratory equipment, and many others.
Spinning and recycling go together in a single step
As a medium-sized German machine construction business, BB Engineering has been manufacturing components and systems for synthetic fibre and film production for more than 20 years.
Advanced high-performance light stabilisers
A range of high-performance light stabilisers with enhanced properties are now being made available.
ArabPlast holds successful edition
The 15th Edition of ArabPlast was held on 15-18November 2021 at the Dubai World Trade Centre, Dubai, U.A.E. Spanning over 28 years, ArabPlast is an exclusive event for plastics, petrochemicals, packaging and rubber industry, and serves as an attractive platform where global industry players show off their products to the Middle East market.
Food-grade plastics recycling facility installed in India
The well-established Indian recycler commissioned a PET bottle-to-bottle and a post-consumer polyolefin recycling line from Starlinger in mid-September.
How to bring down downtime in manufacturing
For most of us, the word downtime conjures images of relaxation.
Optimistic forecast for blow moulded plastics market
Growing demand from key applications is a key factor in the projected growth of the blow moulding sector.
The benefits of dedicated system for mould development
When it comes to useful tools that can enhance teamwork efficiency, we usually think of the Product Lifecycle Management (PLM) systems.