Mold industry and precision engineering: Links to develop
The value of the precision mold and mechanical industry in Vietnam is currently achieved
about over 1 billion USD / year; With an annual growth rate of 18%, the industry is attracting
the interest of many domestic and foreign enterprises (businesses).
Investment attraction increased rapidly
According to Associate Prof. Dr. Nguyen Tan Tien - Faculty of Mechanical Engineering, Ho Chi Minh City .
Mold industry and precision engineering: Links
University of Technology. Ho Chi
Minh, in the value of $ 1 billion of the mold industry, precision engineering in Vietnam
Domestic enterprises account for 42%, the rest are foreign invested enterprises (FDI). According to the
Existing capacity, Vietnamese enterprises only make 8.5% of molds, the rest are stamping molds.
Let businesses participate more deeply in the global supply chain
Over the years, the field of precision machining in Vietnam has grown at a rate
slowly but in the last 10 years, it developed quite quickly when foreign investment flows.
Major names such as Canon, Panasonic, Honda, Piaggio in the North or Muto, Taekwang
Vina is in the South and some companies like Sonion, Nidec Group and Samsung in the Zone
High technology TP. Ho Chi Minh has accelerated the shift in processing technology
Precision molds and machining to high levels of digitization and automation.
The increase in investment of FDI enterprises also contributes to promoting the development of many domestic enterprises
countries like Duy Tan, Viedam, Mida, Sakura in Ho Chi Minh City Ho Chi Minh or HTMP, TMT, An
Phu Viet, Smart Vietnam, An Phat Group ... in the North.
About mold industry, Vietnam has so far had companies with names like Minh
Nguyen, Duy Khanh, Lap Phuc, Duy Tan, Cat Thai, Minh Dat, Phu Vinh ... Assoc
Nguyen Tan Tien evaluated the common ground of the world mold industry with 5
Categories include design, machining, heat treatment, surface treatment, assembly and test
Production technology of Vietnamese enterprises is currently at 70.36%.
Acting Head of the Management Board of the High-Tech Zone TP. Ho Chi Minh (SHPT) - Ms. Le
Bich Loan - said that at SHTP, there are now enterprises that not only supply molds
for FDI enterprises but also for export markets. Recently, the Public Center project
Makino's Japanese technology has officially come into operation that opens the opportunity to promote
Development partnerships in the field of precision engineering, automation, supporting businesses,
Domestic producers keep up with the industry's development cooperation towards good participation
more into the global supply chain in the future.
Neo Eng Chong, CEO of Makino Asia, said the Center
Makino Vietnam technology was created to serve Makino's strategy towards work
enhance customer support, both before and after sales, and share expertise in
Accurate mechanical field with turnkey solutions and knowledge transfer
technology for Vietnamese enterprises.
According to Ms. Le Bich Loan, countries with advanced industries such as Japan and Korea
has formed a combination model to produce high quality molds for each
Different technology areas but must follow the direction of automating the production process to
maximizing the capacity of his equipment. SHPT will be a bridge connecting businesses with organizations
International support businesses such as JICA, JETRO, JBIC ... and other specialized organizations find
seeking cooperation opportunities to attract domestic and foreign investment to promote the industry
Mold, precision mechanical development.
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