Ho Chi Minh City has been synchronously deploying many solutions to connect and search domestic suppliers to provide supporting industry products for supporting FDI enterprises. However, in order to participate in the supply chain of multinational corporations, domestic enterprises need to improve the quality of products as well as the quality of services.
Duy Khanh Mechanical Co., Ltd in Tan Phu District, Ho Chi Minh City is one of the leading enterprises in manufacturing and processing precision mechanical products in our country today. Operating for 30 years, the company specializes in designing and manufacturing molds, machine parts, specialized machines ... according to the orders of many partners.
Director of Duy Khanh Mechanical Co., Ltd Tran Van Tien said that with a team of experienced engineers, skilled workers and modern equipment and machines, controlled by digital programs, the company's products has joined the supply chain of supporting products for Techtronic Industries (TTI). Currently, the company is building more factories in Ho Chi Minh City Hi-Tech Park with an investment of more than VND 150 billion. The factory invests in modern production lines to increase quality and output to meet the requirements of domestic FDI enterprises and to export.
Also according to Ms. Tien, enterprises operating in the field of supporting industry are eager to expand production and invest in modern lines, but most of them have difficulties in capital. Duy Khanh Mechanical Co., Ltd built a factory in the high-tech zone thanks to the support of related units. In particular, Ho Chi Minh City has fully supported bank loans in the spirit of Resolution 16/2018 / NQ-HDND October 8, 2018 of the City People's Council on stimulating investment in the field of supporting industry of Ho Chi Minh City. Ho Chi Minh period 2018 - 2020.
TTI has a manufacturing factory located in Vietnam - Singapore Industrial Park, Binh Duong Province, specializing in manufacturing, processing and assembling electrical equipment, electrical accessories, power-driven hand tools, and electrical equipment. Used outdoors, products and equipment used for floors, lighting equipment, measuring instruments ... TTI's products are mainly exported to the United States and some European countries. In 2019, TTI's global sales reach nearly 7.7 billion USD.
To expand production, TTI invested in a new factory in Ho Chi Minh City Hi-Tech Park with a land area of over 13 hectares, with a total estimated capital of US $ 650 million. The objective of the factory is to produce accessories, smart portable electrical equipment used in industry and civil. Along with that, set up a research and development center in electronics. Therefore, TTI is keen to find local suppliers to provide SI products in the near future. Currently, domestic suppliers supply about 38% of the supply chain of SI to TTI. It is expected that by the end of this year, TTI will look for domestic businesses to supply supporting industry products accounting for 60% and strive to account for about 80% of the supply chain of supporting industries to TTI by 2024.
Mr. Nate Easter, Executive Vice President in charge of global sourcing of TTI said, to become a supplier for TTI, manufacturers must meet the following conditions: Product quality, quality of service obligations must be guaranteed; Businesses have to produce in large quantities in a short time to meet the production schedule of the company ... Domestic suppliers are very potential and TTI hopes Vietnamese businesses to supply quality products, delivered Fast and stable goods, because TTI wants to create supply chains that are domestic suppliers with the localization rate up to 80% in the near future.
Associate Professor, Dr. Nguyen Anh Thi, Head of Management Board of Ho Chi Minh City High-Tech Park, said that due to the Covid-19 pandemic, a number of multinational FDI enterprises were interrupting raw material sources as well as production activities. products imported by SI, so we have sought domestic suppliers instead. This is an opportunity for domestic supporting enterprises to enter the global supply chain and increase their competitiveness with foreign businesses. Seizing this opportunity, Vietnamese enterprises need to invest in lines and apply modern technology to improve product quality as well as service quality to meet the requirements of FDI enterprises.
According to Ms. Le Nguyen Duy Oanh, Deputy Director of Ho Chi Minh City Supporting Industrial Development Center, over the past time, the city had many mechanisms and policies to support SI in terms of capital, technology, partners and connections. market. The city has issued policies such as loan interest support to invest in factories, new production technology for a period of seven years, the highest loan of VND 200 billion / project; connecting supply and demand of products between enterprises of the city with FDI enterprises; help domestic enterprises improve their competitiveness to gradually participate in global supply chains with foreign economic groups.
After nearly two years of implementing the Resolution No. 16 of the City Council, there have been 1,500 turns of businesses and units accessing policies under the stimulus program for investment in the field of supporting industry. Thereby, there have been 24 investment projects of supporting industry enterprises that have been approved by the City People's Committee with a total investment of nearly VND 1,800 billion, of which, loans are funded by the loan interest support budget. is 1,000 billion.
In order to continue supporting the supporting enterprises, the Department of Industry and Trade of Ho Chi Minh City is developing the city's stimulating investment program for the period of 2021 - 2025. This is an important premise for supporting enterprises in the city to change. new technologies and equipment to produce satisfactory products for multinational corporations, contributing to the city's supporting industry products deeply involved in the global supply chain.
Articles Bao Nhan Dan