According to a report from the Vietnam Association of Supporting Industries (VASI), in 2020, due to the impact of the epidemic, nearly 50% of businesses under the association have a sharp decrease in revenue. But with flexible solutions to quickly respond to difficulties, many enterprises have actively stabilized production and rearranged the management apparatus; since then, still have orders, overcome the most difficult period of the epidemic. Up to now, businesses have basically found a source of goods, reconnected with export partners and gradually recovered.
In fact, when the epidemic occurred, many businesses said that they had changed their business plans and strategies to be able to survive and develop. In the past, technology transfer was usually done by foreign countries, but in the past year many enterprises have made full use of existing capacity conditions, restructured, changed core processes, used machinery and equipment. domestic equipment to be more active in production.
In order to help each other overcome difficulties, the business community has also made efforts to help each other through order sharing, processing and product discounts… At Haitian Vietnam Co., Ltd., businesses offer a 5% discount program. on the value of the machine and only need to deposit 5% to be able to ship the machine to a partner factory for production, the remaining 95% is paid in installments within 2 years. Or like Huy Hoang Gia Steel Co., Ltd., Vietsteel Company, down 10% (depending on product)…. Currently, domestic mechanical components manufacturing enterprises also have quite good capacity in some areas. fields such as: Molds of all kinds, mechanical components, electrical cables, plastic components, technical rubber… In addition, the demand of the supporting industry market is very large, so many enterprises has boldly invested to improve production capacity, focusing on developing quality product lines, serving foreign direct investment (FDI) enterprises, focusing on exporting mechanical products- Mr. .
