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Vietnamese Electronics Companies in Desperate Need of Taiwanese Fasteners
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2022-09-22
Manager Nguyen Tien Dung who works for a Vietnamese electronics company said there have been many electronics and technological companies entering Vietnam from overseas recently. With that said, Vietnamese companies have limited capabilities and "they can't even supply small screws". He hopes Taiwanese companies will assist in improving technical capabilities to meet local demand for supply.
In a seminar held on September 7 on collaborations between Taiwanese and Vietnamese industry supply chains, the manager said companies from Taiwan, Japan and South Korea have been looking for new production sites since the U.S.-China trade conflict from 2018, but the limited capabilities of Vietnamese companies have rendered foreign electronics and technological companies in Vietnam reliant on import to cover their needs for small parts.
He mentioned an article from the social media as an example, which pointed out that local Vietnamese suppliers cannot even supply a single small screw. "It's a fact that we are still not capable of meeting international requirements and standards," but suppliers like Apple need small parts like small screws very much. He said Taiwanese companies are experienced in this aspect, hoping that they could share their parts with Vietnam so that Vietnamese companies can supply the parts locally without having to import them.
Up to the end of 2019, the Vietnamese electronics industry had 2,532 companies and 736 thousand employees. In 2021, the employees reached 1.3 million people. Taiwanese electronics companies in Vietnam are much concerned about supply chain issues, especially electronic manufacturing service providers and system providers. Those industries with high transport costs within the supply chain and complications in import procedures will have the highest demand for localized supply.
越南小螺絲
台灣技術
仰賴進口
Vietnamese small screw supply chain
Taiwanese technical support
rely on imports
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