Vietnamese mechanical products enter US, Japanese, and European supply chains

Industry
Published by Administrator at 13:36, April 17, 2023

A product by Duy Khanh Mechanical Company is on display at a seminar in Ho Chi Minh City, February 28, 2023. Photo: Huu Hanh / Tuoi Tre

Many components for production and precision mechanical products made by Vietnamese enterprises surprised delegates at the seminar ‘Supporting Small and Medium Enterprises (SMEs) in Joining Global Supply Chains’ held at REX Hotel in Ho Chi Minh City on Tuesday.

Right after Do Phuoc Tong, chairman of the Ho Chi Minh City Association of Mechanical and Electrical Enterprises, introduced a high-precision plastic billet at the seminar, a visitor showed their interest in using this product in his company’s production line.

This proves that many products of Vietnam’s supporting industry have met international standards but they are not well known.

A product by Duy Khanh Mechanical Company is on display at a seminar in Ho Chi Minh City, February 28, 2023. Photo: Huu Hanh / Tuoi Tre

At the event, MTS Vietnam Company, a high precision fabricator, delivered a presentation on 50 precision mechanical products for automobile manufacturing and electrical machinery, according to representative Dang Huyen. 

These products have successfully joined the supply chains of Japanese, American, and European enterprises, Huyen said.

Cat Van Loi Joint Stock Company introduced its leading products for auxiliary equipment in the power industry, with many of them having been installed in large projects in Vietnam and exported to various countries.

The booth of Dien Quang Light Bulb Joint Stock Company aroused curiosity with small, sophisticated modern components produced at its factory in the Saigon High-Tech Park in Thu Duc City.

Notably, Dien Quang participated in the seminar as both a supplier and a buyer, according to chairman Ho Quynh Hung.

The company has been promoting large-scale investment in electronics and engineering plastics industries, Hung said.

Dien Quang Light Bulb Joint Stock Company’s products are on display at a seminar in Ho Chi Minh City, February 28, 2023. Photo: Huu Hanh / Tuoi Tre

Specifically, it has invested in modern and synchronous production such as a LED Chip factory, an electronic board factory, OEM and ODM production and assembly, and many others.

Duy Khanh Mechanical Company introduced spare parts for the automotive engine industry, which are the firm’s core products, besides mechanical products.

Vngroup’s high precision parts are on display at a seminar in Ho Chi Minh City, February 28, 2023. Photo: Huu Hanh / Tuoi Tre

 

Source: Tuoi Tre