Business News

Mechanical engineering industry and potential in Vietnam

Mechanical engineering is likened to the "heart" of Vietnam's heavy industry. Economic development leads to greater demand for production machinery and equipment, which has spurred the mechanical industry, especially the precision engineering industry, to develop at a rapid pace.
According to the Vietnam Association of Mechanical Enterprises (VAMI), with a country of nearly 100 million people, the average economic growth rate is always at 6% - 6.5%/year. 250 billion USD, the market size of the mechanical engineering industry in Vietnam in the period of 2019 - 2030 will be about 310 billion USD. Meanwhile, the mechanical and supporting industries are facing great opportunities when Vietnam participates in many FTAs, giving domestic enterprises more advantages when exporting to other markets and at the same time attracting foreign investment. outside Vietnam.
In the general context of the mechanical industry, molds are also facing strong development opportunities along with a boom in demand for the manufacturing industries of plastic products/components, mechanical components... However, capacity Mold manufacturing of Vietnamese enterprises is at a low level compared to many neighboring countries such as China, Thailand, Japan...

Experts say that Vietnam's mechanical industry is not able to meet the increasing and high-end demands of the market. In which, the most important bottleneck is enterprise capacity. The level of production and business administration of Vietnamese mechanical enterprises is mostly low, with outdated and simple technology, about 2-3 generations behind other countries in the same region.

Mold mechanics requires high precision – made by skilled people and modern machines

Mr. Vu Van Phuc - Deputy Director in charge of Precision Mechanic products of HAWEE P&T said that the mold making industry is a high-tech industry, difficult and with micrometer accuracy, so the requirements for technology, The qualifications and skills of the workers as well as the production process are strict and much higher than that of conventional mechanical products.
Modern production lines, high quality personnel – HAWEE P&T is confident with precise mold products
Overcoming the common limitations of Vietnamese enterprises, HAWEE P&T entered the mold market, with the aspiration to affirm the quality of Vietnamese products in the global supply chain.

Since its establishment in 2011, HAWEE P&T - a member of HAWEE Group has determined for itself the mission of producing quality products - meeting international standards. During the past 10 years, HAWEE P&T has been consistent with this mission, affirming its leading capacity in Vietnam in the product line of low and medium voltage electrical cabinets, mechanical products such as cable tray ladders, belt racks , cabinets of all kinds by investing in 2 key competencies: People and machines.

HAWEE P&T's machinery is imported from Switzerland and Japan

Entering the mold industry, these two competencies are also key strengths of HAWEE P&T. The staff involved in the mold field are all high-quality personnel who have been trained and practiced at training organizations and Japanese enterprises such as Keieijuku, Muto programs..; The design engineers team are well-trained and have many years of experience, the factory workers have high professional qualifications, comply with the production process and are trained in professional skills.

Besides, the most modern 3-axis CNC line system is imported from Switzerland and Japan; 2-D and 3-D measuring devices meet the accuracy corresponding to the production line, giving Hawee P&T confidence to enter the new field. Quality control process and ISO standards are also a point that makes Hawe P&T proud. Participating in the production of traditional mechanics and sheet mechanics for more than 10 years, HAWEE owns a full set of processes, trained and applied staff on a regular basis, repertoires.

Constantly making progress, innovating, finding ways to bring great growth to businesses, and bringing practical values ​​to employees is the motto of HAWEE P&T. And that is why HAWEE P&T believes that it can completely contribute to a positive change in the development of Vietnam's mold industry.

Box: