Restructuring production is a vital element of enterprises

19/08/2022

Lean transformation determines the future existence of enterprises, especially small and medium enterprises. In addition to their own in reality, the support of mechanisms and policies is also a key point for businesses to increase competition, reduce costs, and develop sustainably.

Persistence brings results

The processing and manufacturing industry is still considered a promising industry. By the end of July, the total newly registered capital, adjusted and contributed capital to buy shares, purchase capital contribution of foreign investors in Vietnam has reached over 15.41 billion USD, equaling 92.9% compared to the previous year. with the same period in 2021. The processing and manufacturing industry continued to lead with a total investment capital of over 10 billion USD, accounting for 64.3% of the total registered investment capital.

Electronic component production line of 4P Co., Ltd (Pho Noi A Industrial Park, Van Giang district, Hung Yen) supplied to LG’s chain. Photo: Hoang Anh

According to the Ministry of Industry and Trade, in June and July 2022, the export turnover of processed and manufactured industrial products continued to decline, mainly due to the decrease of some items such as computers. , electronic products and components, iron and steel of all kinds, cameras, camcorders and components. At the same time, export turnover of a number of other strategic products such as fibers, textile yarns of all kinds; wood and wood products; footwear; power cords and cables… also decreased.

Director of PNQ Solutions Co., Ltd. Pham Minh Thang shared, the Covid-19 epidemic has shown the vulnerabilities of the global manufacturing supply chain. As a result, businesses must rethink flexibility and greater efficiency at the overall level of the supply chain. Faced with unprecedented challenges, lean transformation isn’t just an option for manufacturers – it’s crucial to their future survival.

“When talking about lean factories, efficiency from practice shows, enterprises should define not a 100m or 200m race, but a Marathon that requires perseverance and perseverance to bring results” – CEO Pham Minh Thang similes.

Regarding the lean investment in material first for infrastructure, machinery and equipment, or prioritizing the spiritual investment in training management human resources with thinking and knowledge, Mr. Pham Minh Thang said that to concretize the vision and strategy depending on the specific situation of the enterprise. In order to implement the medium-term plan, it is necessary to properly assess the nature of the current situation of the enterprise, what is the desire, what is the biggest obstacle?…

Need self-effort of business

From practical experience, Mr. Huynh Trung Hieu, a representative of Delta Company – a global consultant and solution provider, said that, after the pandemic, Vietnam’s manufacturing industries need to change rapidly with daily demands. the higher on IoT, robots to reduce labor costs, save energy and optimize production costs.

In order to help Vietnam’s processing and manufacturing industry seize more sustainable development opportunities, businesses need to orient industrial automation for factories, meeting many different production scales with different sizes. lean and efficient production process.

“Enterprises need to improve productivity with a complete ecosystem of hardware and software, through advanced automation technology and smart manufacturing solutions. Lean production, durability as well as reliability of industrial components in the production management line are among the essential factors “- this person pointed out.

Assessing the current situation for the processing and manufacturing industry, according to Vice President of the Vietnam Association of Supporting Industries Do Thi Thuy Huong, whether or not seizing the opportunity still depends on the capacity of enterprises and the mechanism. policy. Currently, mechanisms and policies are quite favorable for businesses to operate, but enterprises themselves must improve their capacity, lean corporate governance, as well as expect the policies to come into practice.

“Enterprises desperately need the support of the state, first of all, in training high-quality human resources, the connection between enterprises and training places associated with practical needs. In terms of finance, businesses need immediate policies to support access to loans from banks, as well as investment sources from domestic and foreign financial institutions, as well as other financial institutions. offer.

At the same time, businesses also want to support innovation, digital transformation and technology adoption. Although the Government has a National Fund for Technological Innovation, there are too many regulations and mechanisms that bind businesses, which are difficult to access. In addition, the selective FDI attraction policy should continue to be implemented; provide basic conditions for FDI enterprises to have a spillover, creating many opportunities for Vietnamese enterprises to participate in the supply chain with high technology content, key to improving competitiveness.

Source Kinh te Do thi

Let’s welcome the return of MTA Hanoi 2022 – The leading exhibition on precision mechanics and metal processing industry in the North. Here, the latest products, solutions and technologies are introduced by exhibitors, creating more opportunities to approach customers and potential suppliers. The exhibition is also a platform to connect and communicate between regional and international businesses in the industry to update the latest industry trends. Beyond that, there will be presentations from leading industry experts, from which you can update industry knowledge and enhance experience at the exhibition.
 
MTA HANOI 2022 EXHIBITION OVERVIEW
 
Exhibition date: October 12 – 14, 2022    Opening hours: 9:00 – 17:00 daily
 
Venue: ICE Events – Hanoi International Center for Exhibition, 94 Tran Quoc Toan, District Hoan Kiem, Ha Noi, Vietnam
 
Contact Information: Mr. Kingsley
 
Tel: +84 28 3622 2588
 
Email: [email protected]
 
Website: www.mtahanoi.com
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    Accompanying the sustainable development goal from Informa Market, MTA Hanoi will join hands with everyone to participate in Earth Hour 2022, the annual event launched by the World Wide Fund (WWF). With the goal of raising public awareness about climate change and saving energy around the world, Earth Hour 2022 is not just an event, but also a time for everyone to take action together for our earth. Let's turn off the lights with MTA Hanoi from 20:30-21:30 tonight, Saturday, 26/03/2022 and listen to the message from WWF during Earth Hour 2022!

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[English below]
Đồng hành với mục tiêu phát triển bền vững từ Informa Market, MTA Hanoi sẽ cùng chung tay với tất cả mọi người tham gia Giờ Trái Đất 2022, sự kiện hằng năm được Tổ chức Quốc tế về Bảo tồn Thiên nhiên (WWF) phát động. Với mục tiêu nâng cao nhận thức cộng đồng về biến đổi khí hậu và tiết kiệm năng lượng trên toàn thế giới, giờ Trái Đất 2022 không chỉ là một sự kiện mang tính biểu tượng, mà còn là thời điểm để tất cả mọi người cùng hành động vì trái đất của chúng ta. Hãy cùng MTA Hanoi tắt đèn từ 20:30-21:30 tối nay, thứ Bảy ngày 26/03/2022 và lắng nghe thông điệp hành động từ WWF toàn cầu trong Giờ Trái Đất 2022 nhé!
---------------------//
Join MTA Hanoi To Respond To Earth Hour 2022

Accompanying the sustainable development goal from Informa Market, MTA Hanoi will join hands with everyone to participate in Earth Hour 2022, the annual event launched by the World Wide Fund (WWF). With the goal of raising public awareness about climate change and saving energy around the world, Earth Hour 2022 is not just an event, but also a time for everyone to take action together for our earth. Lets turn off the lights with MTA Hanoi from 20:30-21:30 tonight, Saturday, 26/03/2022 and listen to the message from WWF during Earth Hour 2022!

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Stay tuned for the upcoming interesting programmes at MTA Hanoi 2022. Cant wait to bring it out, are you excited!

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    📍 ICE, 91 Trần Hưng Đạo, Hà Nội

    Vui lòng liên hệ Ban tổ chức để biết thêm thông tin chi tiết:
    ☎ (+84) 28 3622 2588
    📩 [email protected]
    --------------------
    Stay tuned for the upcoming interesting programmes at MTA Hanoi 2022. Can't wait to bring it out, are you excited!

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    ☎ (+84) 28 3622 2588
    📩 [email protected]

    #MTAHaNoi #MTAHaNoi2022 #MTAVietnam #MTAVietnamserries #MTAVietnam2022 #ManufacturingExhibition #ManufacturingIndustry
    ...

    Cùng đón chờ những chương trình hấp dẫn sắp diễn ra tại MTA Hanoi 2022! Bạn đã sẵn sàng với những bất ngờ sắp tới chưa?

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📍 ICE, 91 Trần Hưng Đạo, Hà Nội
 
Vui lòng liên hệ Ban tổ chức để biết thêm thông tin chi tiết:
☎ (+84) 28 3622 2588
📩 mtahanoi@informa.com
--------------------
Stay tuned for the upcoming interesting programmes at MTA Hanoi 2022. Cant wait to bring it out, are you excited!

THE 8TH INTERNATIONAL PRECISION ENGINEERING, MACHINE TOOLS AND METALWORKING EXHIBITION & CONFERENCE

⏰ 12 - 14 October 2022
📍 ICE, 91 Tran Hung Dao, Hanoi

Please contact us for more information:
☎ (+84) 28 3622 2588
📩 mtahanoi@informa.com

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    10 months ago
    MTA HANOI

    Kính gửi quý khách hàng,

    Chúng tôi rất may mắn khi có được sự ủng hộ và quan tâm quý vị. Cảm ơn đã luôn đồng hành cùng chúng tôi trong suốt năm vừa qua. Chúc cho năm sắp tới sẽ mang lại nhiều thành công và sức khỏe cho tất cả chúng ta. Chúc mừng năm mới!

    Trân trọng, BTC MTA Hanoi.
    ---------------------//
    Dear our valued customers,

    We are so lucky to have the most loyal and supporting from you. Thank you for being with us through the whole year. May the upcoming year bring the best success and health to all of us. Happy New Year!

    MTA Hanoi Organising Team.

    #happynewyear #MTAHanoi #MTAVietnam #Manufacturing #Engineeering #MTAVietnamserries #MTAVietnamGoesHybrid #ManufacturingIndustry #MTAHanoi2022
    ...

    Kính gửi quý khách hàng,

Chúng tôi rất may mắn khi có được sự ủng hộ và quan tâm quý vị. Cảm ơn đã luôn đồng hành cùng chúng tôi trong suốt năm vừa qua. Chúc cho năm sắp tới sẽ mang lại nhiều thành công và sức khỏe cho tất cả chúng ta. Chúc mừng năm mới!

Trân trọng, BTC MTA Hanoi.
---------------------//
Dear our valued customers,

We are so lucky to have the most loyal and supporting from you. Thank you for being with us through the whole year. May the upcoming year bring the best success and health to all of us. Happy New Year!

MTA Hanoi Organising Team.

#happynewyear #MTAHanoi #MTAVietnam #Manufacturing #Engineeering #MTAVietnamserries #MTAVietnamGoesHybrid #ManufacturingIndustry #MTAHanoi2022
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