NEWS & EVENTS

Podcast: Huge market potential to a newly established Vietnamese manufacturer – A big No or Yes?

02/12/2019
With confidence placed in VNO, HBT precision machining JSC - a newly established company with 50 employees has shaken our hand with goodwill to change, develop and reach for new opportunities.
In his speech at The Manufacturer's day 2019, Mr. Chris Mooney – Director has strongly emphasized the concern and insecure of each foreign customers when they send their blueprint to the manufacturers half a global away, because according to Mr. Chris – that is their precious assets and even some blueprints had been utilized for decades. All these risks are spent in the effort of searching for a qualified manufacturer who is capable of ensuring Quality, Quick and competitive Price. Having accomplished all of these above requirements, plus the abundant workforce of billion people – China has confidently gained the prize of "the world's factory" and became an unstoppable force of oversea outsourcing.
Mr. Daniel Pham – Director of VNO has strongly stated that: it is extremely difficult and merely impossible for Vietnam to become one of "the world's factory" with a gigantic scale like China. The most possible target that we can aim for ourselves is "the world's mini-factory" as there are still challenges that Vietnamese Manufacturers need to overcome, such as a lack of experience, a conventional way of producing, unstable prices. This will lead to a big question that: is Outsourcing still be a potential business for a developing country like Vietnam? Or, is Outsourcing even suitable for small scale, newly established companies in particular?
The answer given by Vietnam Outsourcing is Yes – you are completely become a partner of VNO, becoming a trusty outsourcer that all foreign customer are looking for. What you need is a good vision, an open-minded way of working and learning, willing to change and adapt. Most importantly – willing to shake hand with VNO in a win-win relationship. Vietnam Outsourcing is not only a 3rd party that benefited from every successful PO but also a risk-shared partner, technical intel providers, commercial experience in every single case.
With confidence placed in VNO, HBT precision machining JSC - a newly established company with 50 employees has shaken our hand with goodwill to change, develop and reach for new opportunities. We shall listen to Mr. Trung – Business Development Manager from HBT for more thoughts and opinions about VNO – Vietnam Outsourcing

 
You may also like to check this piece of Intel:
Western vs China: MANUFACTURE CONCEPT DIFFERENCES by Morris Hua - CNO Technical Director
The 1st Manufacturer's Day 2019 - an event overview

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