Wintek Vietnam - Treasure Talents

Among Taiwan-based Wintek Corporation’s global production bases, WINTEK VIETNAM mainly manufactures touch panels, said Mr Chang Fang Liang, Deputy General Director of WINTEK Vietnam. Luu Hiep reports.

 

Vietnam’s geographical position is wonderful as it surrounded by large markets like China, South East Asia and Indochina; thus, business opportunities are plentiful. Besides, similarities of Vietnamese and Chinese cultures and customs facilitate local participation and communication of Taiwanese businesses. Vietnam also features stable economic and political environment, transparent legal framework and open policies. Apart from WTO accession, Vietnam is also a full member of APEC and ASEAN, and enjoys Generalized System of Preferences (GSP) from the EU, Japan and Canada. Furthermore, ASEAN - China  Free Trade Agreement (ASEAN+1), ASEAN - Australia and New Zealand Free Trade Agreement, ASEAN Free Trade Agreement with China, Japan and South Korea (ASEAN+3), Vietnam - Japan Economic Agreement, etc facilitate Vietnam’s exports to signatories thanks to lowered tariffs..

 

Vietnam's human resource is of abundance and good quality. Labour costs are competitive to other countries or regions in the world. For that reason, locating factories here [in Vietnam] will hold the advantage of labour costs. Moreover, the Government of Vietnam has actively improved the investment environment, constituted rewarding - punitive policies and amended business-related laws, introduced policies on tax preferences, reductions and exemptions, broadened forms and conditions of consumption of goods made by foreign-invested enterprises in Vietnam, strengthened foreign investor protection policies, and tightened construction management. WINTEK therefore chose Vietnam to locate investment projects.

 

And, we advanced another step when we picked up Bac Giang province to place our factories since it was not very far from China where we could seek support and assistance from our production bases and it was not far from Vietnam’s administrative and economic centre of Vietnam and the capital city of Hanoi. We saw good competitive advantages in production operation and business development there.

 

At present, Wintek is a leading manufacturer of touch panels which generate over 90 per cent of the company’s total revenue. Touch panels are being increasingly used on the market, from smartphones, tablet PCs or consumer electronic products. At the advent of Windows 8 operating system, touch panel applications will be more used with medium- and big-sized products like ultrabooks and notebooks. So, although the economic situation is not good, the demand for touch panels still grows up. Anticipating the high demand for touch panels in the coming time, Wintek will hence continue its investment for production and research on touch product patents.

 

Currently, Wintek Vietnam is expanding its production and its demand for workers remains high. The company is actively recruiting talented staffs for production activities and there is no reason for staff cut. With the philosophy that personnel is the most important asset, the company makes a constant effort to improve overall conditions for workers. It also enhances the working environment and promote employee interaction. The company pledges to offer competitive wages and incentives to attract and good employees and ensure them.

 

Wintek Vietnam is an export processing enterprise with all products exported. The key to success is rapid production expansion and productivity enhancement. Hence, how to recruit talents is very important. We apply harmonious policies to deal with labour issues and comply with labour laws while increasing pays and fostering skills for labourers. In addition, we always create a friendly environment for members, that is, employer and employees.