As we all know Vietnam is a relatively weak manufacturing country, especially in southern Vietnam, all construction machinery also need to rely on foreign imports.
According to the data, according to the policy plan of the Vietnamese government, over 160 billion dollars in the Vietnam market will be prepared in the next 10 years, including the 4500 kilometers of the highway and the 300~400 km railway and many transport ports. Vietnam's Ministry of national construction says there will be a lot of investment from private enterprises and public sectors to these infrastructure projects in the future. This shows that Vietnam has great potential for construction machinery. It is urgent to need excavator, bulldozer, leveler, roller, lift, tower crane, concrete mixing equipment, steel structure, truck crane, piling machine and other products.
In spite of this, the local industry in Vietnam is still in its infancy, and it is still unable to meet the needs of social development. More than 80% of the machinery and equipment need to be imported from abroad. In view of the lack of consumers' ability to subscribe to local machinery, the local engineering machinery company of Vietnam would rather sign a mechanical purchase contract or import contract with foreign enterprises. This is a rare development opportunity for China's construction machinery enterprises.
This is an opportunity for some domestic engineering machinery enterprises that are seeking to go out of principle, so the domestic engineering machinery enterprises need to develop their own mechanical advantages, strive to innovate the engineering machinery, take the quality as the base, and take the efficiency as the second, so that I want to go out of the country in the future of the enterprise development. Go to the world.