Opportunities for Mechanical Engineering Businesses in European Market

3:45:46 PM | 12/10/2012

In a bid to help Vietnamese mechanical engineering businesses to boost exports to the European market, the Vietnam Chamber of Commerce and Industry (VCCI) in cooperation with the Dutch Ministry of Foreign Affairs organised a seminar entitled " CBI’s engineering export coaching programme” in Hanoi. The event drew the attendance of many Vietnamese enterprises.
Under constant pressure on production costs, as well as the trend of seeking offshore supply sources in developing countries, the European market has offered opportunities for mechanical engineering companies, including Vietnamese. However, this market requires high quality, competency and capacity. Vietnamese enterprises must have ambition, commitment and proper preparations to approach or expand further in this market. The workshop aimed to introduce export potential for Europe in general and the Netherlands in particular to Vietnamese mechanical engineering enterprises.
 
According to the export training programme for mechanical engineering sector funded by CBI - the Centre for the Promotion of Imports from Developing countries - in Vietnam, companies selected from participating candidates will receive intensive, appropriate supports to gain a firm foothold in the European market. They will be trained by industry experts in four years to grasp requirements of product improvement, production, quality control, management, export marketing, and market penetration.
 
In addition, to develop practical business potentials, participating in leading trade fairs in Europe will be part of the programme.
 
At the workshop, Dutch specialists introduced to businesses practical information on collaborative programmes and support tools of the Government of the Netherlands, including direct training for business owners and employees of companies with business presence in the European market; helped them identify and consolidate production processes by means of process controlling tools; and understand business rules and regulations in Europe. Particularly, Dutch experts pledged to connect Vietnamese enterprises with European importers.
 
Accordingly, the programme will start with the process control training. This is a tool for controlling all the stages and preventing anything inappropriate in advance. It also helps structure processes of the company with the aim of enabling businesses to know what to the future and how to stay independent of any employee.
According to Dutch experts, process controlling is done well, it will help improve quality, reduce production costs, scraps and reworking, controlling the time and staff to meet delivery schedules, reduce production time and capital retained in products.
 
According to CBI, candidates of previous programmes of this type have turned potentials into reality, expanded their production scopes and established new plants. In addition, many companies have improved market knowledge and production methods.
 
CBI’s programmes and services, including export promotion programmes, are funded by the Government of the Netherlands. However, participants will have to pay an entry fee. Vietnamese enterprises interested in the programme can refer to the information from site: www.cbi.eu/ecpeng or contact Cor Dieleman, program director; email: cdieleman@cbi.eu; tel: +31 (0) 88 6024333 or Nguyen Ngoc Son, Vietnamese consultant expert, email: n.son@cbi.eu; tel: +84 (0) 912048480.
 
Mai Anh