Precision machining manufacturing in Vietnam.
Analysis of the advantages
1. Advantages of young human resources
2. Current low labor costs
3. The enthusiasm of young entrepreneurs with the desire to bring products made in Vietnam to the world
Weaknesses of precision machining manufacturers in Vietnam
1. Lack of available domestic raw materials, especially the metal fabrication industry in Vietnam does not exist.
2. Long order processing time, large minimum quantity. The main reason for this problem is that Vietnam currently does not have domestic steel mills. Most steel materials are imported from countries in the region such as India, China, Korea and Japan.
3. Inexperienced manufacturing experience, mainly based on engineers who have worked for FDI factories in Japan and Korea.
4. Training in schools is not in line with reality, leading to young people needing 2-3 years of outside learning to be able to meet the needs of orders.
5. Industrial production support policies have not reached those who need them in practice, and support capital is still poor, leading to small-scale production that is not enough to meet the production capacity of large partners in the world.
Above are some basic problems of precision manufacturing enterprises in Vietnam.
We, AMS Vietnam Company, know this and are gradually learning and improving weaknesses to integrate with the global supply chain.
We are always ready to join hands with partners to build domestic and global supply chains to bring the greatest benefits to partners as well as go hand in hand with the development of domestic industry.
Contact AMS to create value for the future together