Vietnam has witnessed a strong wave of factory relocation since the “Black Swan” Covid-19 event with the E&E industry being one of the sectors receiving many major projects.
Disrupted supply chains after Covid-19 created a new wave of factory relocation to Vietnam, therein the E&E industry (electrical and electronics) being assessed as one of industries with the highest relocation..
The wave of investment in Vietnam in the E&E sector is expected to help Vietnam
✓ Expand its demand for high-precision manufacturing, electronic equipment…
✓ By adding new technology and solutions, business productivity will be further improved globally.
✓ Essentially, with supports from the public and private sectors, Vietnamese manufacturers can achieve higher productivity and production improvement with fewer resources to keep up with trend in the region.
It is no coincidence that many corporations have chosen Vietnam as their investment destination after the Covid-19. Here are some of the key factors that have attracted investment to Vietnam in recent years:
Vietnam’s abundant human resource with high-quality labour
Competitive labor costs
Many tax incentives for foreign investor
In another situation with Chinese companies,
In the opposite way, Vietnamese businesses are also ready to capitalize on the investment shift from the E&E industry.
For instance, to catch up with the demand for electronic factory in the E&E industry, 4 years ago, NS BlueScope Vietnam had researched and launched a pioneering product line for sandwich panels – COLORBOND® for Panel – a product that integrated with the AM 4-matrix phases alloy-coated technology which has
The product is often used by factories for partitions and enclosure, as it meets up with the strict standards of the industry.
Goertek Vina factory using the AM-ACTIVATE™ 4-matrix phases technology
It can be said that the wave of E&E factory relocation, especially in China, is opening up a great opportunity for Vietnamese companies. Catching up with the trend is the key to help local businesses open this potential door.
The E&E industry promises to bring opportunities for domestic businesses, including the construction industry, with many new factories to be built.
Did you know?
NS BlueScope is first company and also the one that establishes alloy-coated technology standards used in Vietnam’s market.
In 1993, when the Vietnam market was still new to galvanizing technology, BlueScope was the company that introduced the product Aluminum-zinc (AZ) coated steel.
Since 2019, NS BlueScope has launched AM-ACTIVATE™ 4-matrix phases technology – a plating technology that is much superior to AZ plating (only 2 layers).
NS BlueScope’s AM coating technology is the result of
+20 years of research and development
+30 global patents
If one or more factors related to these global patents are missing in the production process, the AM protective plating will not only fail to create 4-matrix phases that ensures superior corrosion resistance, but will also form a vulnerable coating, prone to early corrosion from the production stage, and weaker corrosion resistance.
The AM-ACTIVATE™ 4-matrix phases technology is also used in material for sandwich panel which is the most suitable material for clean room, partition and enclosure of E&E factory for its superior corrosion resistance and anti-bacterial properties.
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