Visitors at a conference to seek providers for supporting industries held by the HCM City Department of Industry and Trade on Wednesday (11 September). — VNS File Phto/Viet Nam hoinhap Magazine. 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. Nguyen Kim Chai from Hanel Viet Nam said his company had supplied products to the Japanese market for more than 20 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… Read full this story
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