CEO of An Phat Holdings: “Vietnamese enterprises should join hands to go together in a long way”

28/11/2019

“I believe the model of joining hands between manufacturing companies, as we have done to develop the supporting industry in Vietnam, is a good direction, promoting sustainable joint development and expanding the value chain. Vietnamese enterprises should know how to join hands to go together in a long way.”

This is the message that Mr. Dinh Xuan Cuong, CEO of An Phat Holdings deliveres at the Global Manufacturing Conference 2019 organized by the International Finance Corporation (IFC), a member group of the World Bank.

Being the only Vietnamese speaker at the Global Manufacturing Conference 2019, accompanying and debating with economists and senior experts from international financial institutions of the World Bank… CEO of An Phat Holdings deliveres strong messages confirming the bravery and determination of Vietnamese enterprises representatives.

He also provides impressive comments and assessments to help people understand more about Vietnam, as well as the competitiveness of Vietnamese enterprises.

CEO of An Phat Holdings is the only Vietnamese speaker at the Global Manufacturing Conference 2019 organized by IFC.

Vietnamese enterprises own the key to integration

In the conference, experts said, manufacturing is still the main driving force of developing economies. However, there are still many challenges and difficulties for manufacturers.

According to Mr. Dinh Xuan Cuong, as an emerging market, Vietnam currently owns the key to rapid integration, which is the opportunity to inherit, access to information and the advances of science and technology in quick and easy way.

“The truth is that besides the challenges, we are benefiting in many ways, especially from exploiting modern technological achievements when Vietnam is integrating very quickly and comprehensively into the global economy”, Mr. Cuong said.

Mr. Dinh Xuan Cuong, CEO of An Phat Holdings at IFC Global Manufacturing Conference.

As CEO 7X said, the advancement in production technology and the reception of advanced technology transfer from developed countries have been helping developing industrial countries like Vietnam to improve production levels, technology level, access to product lines with high technical content, thereby also improving employee qualifications.

Changes in new production technologies help enterprises improve, optimize traditional products, create entirely new products, diversify products, and meet the various requirements of more customer groups, increase competitiveness for goods,…

In Vietnam, in the plastic industry, An Phat Holdings is an enterprise with the most modern machinery and factory systems. The Group regularly updates the most modern machines and technologies into production and constantly innovates, researches, improves and proactively develops technologies.

The initiative to change and update in time has helped enterprises gain more efficiency in optimizing costs, cutting down unnecessary expenses in production, increasing automation, improving quality – form of products, increase the rate of gross profit, enhancing the development ability of enterprises.

If you want to go in a long way, you should go together.

Assessing that manufacturing technology innovation is the key for Vietnamese enterprises to integrate and develop, however, CEO of An Phat Holdings also emphasizes on the solidarity between enterprises to jointly develop sustainably and have long strides.

Mr. Dinh Xuan Cuong discusses the speech with economists and senior experts from International Financial Institutions of the World Bank…

“I believe the model of joining hands between manufacturing companies, as we have done to develop the supporting industry in Vietnam, is a good direction, promoting sustainable joint development and expanding the value chain. Vietnamese enterprises should know how to join hands to go together in a long way.”

The message that I want to give at this time is to know how to grasp trends, respect customers, know about other enterprises to be ready to compete and develop. Especially for manufacturing enterprises, it is necessary to produce in in-depth way, in order to get world-class quality products”, Mr. Cuong said.

The IFC Global Manufacturing Conference 2019 took place from 13 to 14 November, 2019 in Marrakech City, Morocco (Africa).

As one of the prestigious and world-class conferences, IFC Global Manufacturing Conference is a place to connect, discuss and share experiences on the opportunities and challenges of applying technology for production and developing the economy.

 

 

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