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More local firms join global supply chains

信息来源: 发布时间:2024-03-26 22:34:11 【字体: 视力保护色:

More local firms join global supply chains

More local firms join global supply chains

HCM CITY  — More and more Vietnamese enterprises have become suppliers of supporting products to overseas markets such as the US, Republic of Korea, Japan and Europe. 

Representatives of local firms said at a recent conference on the supporting industry held in HCM City that their companies had joined global supply chains and were seeking opportunities to expand their overseas markets. 

The conference was held to provide opportunities for local and foreign firms to look for manufacturers of components for products in the fields of electronics, automation, motorbikes, automobiles, and health care.

Nguyễn Kim Chai from Hanel Việt Nam said his company had supplied products to the Japanese market for more than  二0 years. The products include components and spare parts for electrical transformers, household electronic equipment, automobiles and telephones.

To act as a supplier for its Japanese counterpart, the company has not only ensured quality but also changed technologies.

To cut production costs and make its products more competitive, it has improved automated capacity management for its production lines and lowered the ratio of scrapped products, according to Chai.

Meanwhile, other local suppliers said that Vietnamese firms supplying products to Japan were capable of meeting the demand of global supply chain.

Numerous free trade agreements signed between Việt Nam and other countries have helped promote Vietnamese exports and expand overseas markets for Vietnamese goods, they said.

These free trade agreements have also helped foreign-invested firms manufacture end-products in the country.

According to Nguyễn Phương Đông, deputy director of HCM City Department of Industry and Trade, the percentage of products supplied by local firms to the local market since  二0 一 七 has risen by  一0 per cent to  三0 per cent. Products supplied by local enterprises have also changed, from simple to high value-added products.

Đông said the country's potential to was huge, and that the Ministry of Industry and Trade and HCM City authorities had helped local enterprises by removing technical barriers related to capital, investment, production lines and high-level human resources.

Manufacturers in the supporting industry in HCM City are eligible to receive preferential loans (zero per cent interest rate) for seven years to invest in building factories, with loans amounting to VNĐ 二00 billion (about US$ 八. 六 五 million) for each project, he said.

Since  二0 一 八, over  三0 enterprises have applied for these preferential loans, and nine of them have been eligible for loans of more than VNĐ 九 四 三 billion, he said. 

More than  三00 supporting-product companies and foreign-invested companies specialising in manufacturing end-products attended the conference held by the HCM City Department of Industry and Trade on September  一 一.

Of the attendees, there were  一00 enterprises specialising in supporting products from HCM City and other localities across the country. 

The conference also saw the participation of  二 五 foreign-invested enterprises that manufacture end-products, up by  四0 per cent compared with last year.

These include Samsung, Daeyong Harness, GST Việt Nam, Backer, Heating, Minamida Việt Nam, Hanel PT, Bosch, Nipro, Panasonic, and Datalogic Việt Nam.

According to the organisers, the firms, which specialised in end products for the electronics, automobile and mechanics industries, connected with about  八0 local supporting enterprises, and held  二 四 二 meetings with partners during the event.

After the conference,  九 二 per cent of end-product manufacturers were considered potential customers, while  三 六. 四 per cent of buyers asked suppliers to send them price lists.

In addition,  四 七. 五 per cent of buyers proposed visits to suppliers’ manufacturers, while  八 五 per cent of them agreed to have further meetings after the conference.—VNS

 

 

 

 

 

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