2021 bodes well for mechanical engineering
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14/02/2021
08:52
GMT+7
After suffering a significant fall in revenue last year, the mechanical engineering industry has high hopes for recovery in 2021, given Vietnam’s good COVID-19 control and participation in free trade agreements.
The mechanical engineering industry has high hopes for recovery in 2021 due to the country's good control of pandemic and participation in FTAs.
According to a report from the Vietnam Association of Supporting Industries (VASI), in 2020, due to the impact of the COVID-19 pandemic, nearly half of member businesses experienced a sharp decline in revenue, especially in the first half of the year.