How to "revive" Vietnam's casting industry? With the trend of shifting heavy industries to Asia, will the casting industry seize the opportunity? Those are the issues that many delegates are interested in at the 13th Asian Foundry Conference held recently.  

13th Asian Foundry Conference

Plenty of advantages of developing the foundry industry

Speaking at the conference, Deputy Minister of Industry and Trade Cao Quoc Hung highly appreciated the role of Vietnam's casting industry in general and the world's casting industry in particular in the mechanical engineering industry. Vietnam is gradually approaching its goal of industrialization and modernization, therefore, the mechanical engineering industry needs attention. In order to have a developed industry, it is necessary to promote the foundry industry, because this is an intermediary connecting the metallurgical industry and the mechanical engineering industry, thereby forming industrial products to provide.

Mr. Pham Chi Cuong - Chairman of the Vietnam Association of Casting and Metallurgical Science and Technology - said that the casting industry can account for 40-70% of the value in the chain of manufacturing mechanical products. Vietnam's casting industry was laid down in the 60s of the 20th century and along with the development of the iron and steel industry, during the renovation period, Vietnam's casting industry achieved certain results in terms of quantity and quality.

Dr. Nguyen Huu Dung - Institute of Materials Science and Technology (Hanoi University of Science and Technology) - said that the world is in the trend of integration and globalization. The foundry industry like other industries must assert themselves in the competitive conditions of the market economy. In fact, Asia is a region with a lot of advantages to develop the foundry industry, due to the tendency to shift heavy manufacturing industries to developing countries with abundant and cheap labor. Therefore, for the developing countries, including Vietnam, it is necessary to consider this as an opportunity and actively innovate technology, as a driving force to attract R&D investment of multinational corporations. China, for example, leads the world in this area, with production reaching 44 million tons in 2013.

Towards mastery of technology

Dr. Nguyen Huu Dung further assessed, Vietnam's casting industry is in a state of low level in both quantity and quality. Quantity is expected to reach 2 million tons/year by 2020.

Professor, Doctor of Science Nguyen Van Thai (Hanoi University of Science and Technology) also said that this is an opportunity for Vietnam to rise to become a supplier of casting products for Southeast Asia. We have abundant raw materials, abundant human resources and favorable conditions for the development of the foundry industry.

However, "for the development of casting industry, it is necessary to have a methodical investment, build a system of centralized casting enterprises or a large area in the direction of high product specialization. At the same time, building small enterprises as satellites to support large ones, focusing on investing in equipment for the industry in a synchronous manner, "- Mr. Thai emphasized.

Currently, the casting industry in particular and Vietnam's mechanical industry in general is only machining, has not yet mastered the technology because there is no design team. Therefore, it is necessary to build a team of mechanics capable of designing and manufacturing equipment and casting lines.

In the future, when the State is determined to carry out key mechanical engineering programs, many foreign investment projects will be approved, the casting industry will have many opportunities to absorb advanced technologies, increase the rate of foreign investment, localization rate, improve the quality of casting details.