According to data from the General Statistics Office and the Ministry of Industry and Trade, the production scale of the entire mechanical engineering industry grew rapidly during the 2018-2025 period. The total mechanical engineering production value increased from approximately 1,626.3 trillion VND in 2018 to about 3,225.5 trillion VND in 2025, nearly doubling; the average growth rate is estimated at about 10.3% per year. Exports of machinery, equipment, tools, and spare parts rose from 384.7 trillion VND in 2018 to 1,557.7 trillion VND in 2025.

On the occasion of the Vietnam Science, Technology and Innovation Day (May 18), on behalf of the Party Committee Standing Board and the Leaders of the Ministry of Industry and Trade, Member of the Party Central Committee, Secretary of the Party Committee, Minister of Industry and Trade Le Manh Hung sends to all intellectuals, researchers, management officials, enterprises, organizations, and individuals operating in the fields of science, technology, innovation, and digital transformation of the Sector his warm regards and best wishes.

Presenting a discussion on "the need for specific mechanisms and policies to develop mechanical products with large market capacity in the period 2026-2045", Dr. Phan Dang Phong, Director of the National Research Institute of Mechanical Engineering, stated that forecasts show the domestic market in this period is large enough to create new momentum for the mechanical industry, but it is necessary to select the right focus.