Mechanical enterprises have a lot of momentum and potential for development. Photo: H.Diu

Mechanical enterprises are proactive in technology and investment

According to data from the General Statistics Office, in the first seven months of 2023, in export products of billions of dollars, machinery, equipment, tools and spare parts reached US $ 3.2 billion, down 21%, down 21%. compared to the same period in 2022. Many mechanical enterprises reflected that, with the impact of the pandemic, political conflicts and rising inflation, the number of industrial projects started decreasing, causing export orders of many of these fields decreased, domestic orders also decreased significantly. Therefore, many mechanical enterprises are having to find all ways to survive, let alone develop.

Dr. Nguyen Chi Sang, Vice President and General Secretary of the Vietnam Association of Mechanical Enterprises (VAMI), said that the mechanical industry serves other industries such as chemicals, transportation, oil and gas exploitation, and agriculture. ... Investment in mechanical engineering requires large capital, long payback period, short-term benefits are not high. In the long-term, the benefits to the country are great. According to the industrial development plan, the market size for the mechanical industry in the period of 2021-2045 is about US $800 billion.

According to Dr. Nguyen Chi Sang, if domestic mechanical enterprises master the design and manufacture of mechanical products, they will reduce product costs and be autonomous in project implementation, especially for industrial plants. major projects of the country. Normally, the cost of domestically manufactured machinery, equipment or industrial works is 10-30% cheaper than buying from abroad. If mechanical enterprises can master investment projects, it will help the works not depend on foreign contractors, not be delayed, increase prices when implementing...

Talking about business changes to face difficulties, Mr. Le Quy Kha, Chairman of the Board of Directors, General Director of TOMECO Electromechanical Joint Stock Company said the company has mastered from research, design, construction. manufacturing technology ... to the application of scientific and technical achievements, the products have been exported to many countries. Domestically, the product has joined the supply chain of many multinational corporations. Mr. Kha emphasized, in the difficult context, TOMECO's products have a competitive advantage because of their high technology content, meeting the strict quality requirements of customers.

Similarly, Mr. Tran Van Nam, Chairman of the Board of Directors, General Director of MBT Electrical Equipment Joint Stock Company shared, the company is supplying products and equipment to many domestic and foreign partners. Not only thanks to strong investment in technology and equipment, MBT also has a development strategy in terms of quality management and administration system and highly skilled human resources to meet management, technical and production requirements. The operation of the whole MBT system is strictly controlled and managed according to ISO 9001:2015 standard, thereby ensuring the quality of products in every stage from receiving customer requirements to designing, materials, production, assembly, testing, packaging, delivery, after-sales...

In a large enterprise, Truong Hai Industrial Group Company (THACO INDUSTRIES), thanks to its strong financial potential, this company has invested in a Mechanical Center with the ability to supply about 390,000 products to the market mechanics and molds and more than 200,000 tons of steel, steel structures, precision mechanics every year. The company has built modern research and development (R&D) centers, owning specialized infrastructure, meeting the requirements of domestic and export markets...

Needing an overall strategy for mechanical development

Along with the initiative, mechanical enterprises also need support from the policies of the management agency. A representative of the Vietnam Association of Mechanical Enterprises (VAMI) stated that the authorities need to develop an overall strategy for the development of industries, especially those with great investment value in the development strategy of the country, such as the mechanism for the auto industry because this is an industry with a very large domestic market, the mechanism for the localization of industries with a lot of room, such as renewable energy, transportation, and ports. sea…

In particular, Dr. Nguyen Chi Sang suggested that the mechanical development strategy should be concretized according to the Government's instructions so that businesses with investment orientation and the mechanical industry could develop to meet the requirements of economic development. At the same time, the improvement of the business environment must also be effective, such as eliminating the issue of practice certificates for individuals who have been trained and graduated in accordance with the working specialties; eliminating the need for state-owned enterprises to bid for selection of subcontractors when bidding to obtain contracts; Enterprises when receiving technology transfer inherit the capacity of the technology transferor...

In addition, businesses suggested that there should be output support programs by connecting with potential buyers of each industry; incentives for mechanical companies to invest in production expansion, human resource training, financial support...