Kefid Face the Vietnam Market Positively

Vietnam is relative weak in manufacturing, the Vietnam early industrial was accumulated with the help of China and the Soviet Union. Especially in southern Vietnam, all manufacturing equipment rely on foreign imports.

At the moment, the Vietnam local industry is still in the initial stage, and can't meet the needs of the development of the society, more than 90% of the mechanical equipment rely on foreign imports. In view of the country's consumer ‘s less confidence about the local mechanical subscribe, local engineering machinery companies prefer to sign mechanical purchasing contract or import contract with foreign enterprises. Vietnam construction machinery industry’s development bottleneck at present is not easily to breakthrough. Sales in domestic downturn, and foreign machinery import amount is 50% of the whole Vietnam imports. For Chinese construction machinery enterprises, it is a rare development opportunity.

According to the Vietnamese government’s plan, for the next 10 years, there will be $160 billion project to be developed in the Vietnam market, including 5,000 miles of highway, 300 to 400 kms of railway and many ports. There will be a lot of investment from the private enterprises and public sectors flow to the infrastructure construction project.

Kefid Machinery Co., Ltd. is very serious about the Vietnam market, aiming at the Vietnam market situation, roll out of small and medium-sized production line and different kinds of grinding machine for Vietnam. With the advantages of low cost, high efficiency and wearing parts durable, these machines are favored by the majority of Vietnam and even get the southeast Asia market customers’ welcome.

Vietnam Market develop steadily and grow constantly, especially in the road and bridge accelerated construction, Kefid Machinery believes that only products of reliable quality and reasonable price can win the true market.