LOCALIZATION - ADVANTAGES OF ENTERPRISES IN TRANSPORT CONSTRUCTION

Businesses in the transport industry do not stay outside

Ngo Thinh Duc- Chairman of Vietnamese Road and Bridge Science and Technology Association - Former Deputy Minister of Transport, said that in the long term, the main materials for traffic works, especially products for bridges such as prestressing PC strands, anchors, bridge bearings, and expansion joints must be imported products. This leads to high product costs, long importing times, facing product quality problems and project progress as well as the effectiveness of the Works.

In recent years, material manufacturing enterprises supplying road and bridge construction have started investing seriously to localize production processes. In addition to supplying domestic projects, several of them have been exported into the international market.

Among enterprises, there is Hoa Phat Group building a factory manufacturing prestressed steel bar (PC bar), prestressed PC Strand and prestressed steel wire (PC Wire) ... with modern assembling lines and equipment, used in large-scale projects that require high technique, load-bearing capacity, and high safety.

Vinh Hung Trading, Consulting, and Construction Joint Stock Company (Vinh Hung) is also one of the prominent enterprises specialized in transportation has launched the "Made in Vietnam" expansion joint products to market since 2014. Having passed the stipulations on product quality at large projects, products manufactured by Vinh Hung are used in projects requiring a high technical level.

According to Mr. Duc, the investment in technology transfer or joint venture with foreign investors on the production of construction materials in Vietnam is an indispensable trend.

"The actual implementation of projects in the Vietnamese market proves that, a number of units producing bridge bearings, domestic expansion joints products are high quality and perfection which are not inferior to those produced at advanced countries such as Korea and Japan ... but prices are competitive ", he said.

Competitive advantages

As one of the leading units in supplying products and technology solutions for the construction of transport and industrial projects, in recent time, Vinhhung JSC has endeavored its products.

In order to have domestic products, Vinhhung JSC has established Vinh Hung Investment and Production Company Limited (Vinh Hung IP) with a factory of more than 15,000m2 in Pho Noi B textile and garment industrial zone. (My Hao town, Hung Yen province). The key products are bridge bearings; expansion joints; noise barrier walls; post-tensioning anchors; hand-rail; solar battery shelf.

Vo Ta Luong, General Director of the Company said that the factory has a quality management system that meets ISO 9001: 2015 certified by Bureau Veritas and is in the process of building an environmental management system conforming to ISO 14001: 2015 standards.

“The factory of Vinh Hung is established with an orientation to replace imported products and tend to export to the world market. We commit to putting the quality of products and services first," Mr. Luong said.

Products of enterprises overcome the disadvantages of previous materials of depending on imported sources, competitive prices, product quality is ensured by modern production line. Product supply time is shortened. As a result, works costs will be saved and project investment efficiency will be increased.

Besides, Vinh Hung, IP has also researched to improve features suitable for the weather, climate, and actual exploitation in the Vietnam market. At each project, Vinhhung provides technical support, instructions for installation, warranty, and maintenance.

Therefore, Vinh Hung IP's products are highly evaluated by contractors and construction units. Now, Vinhhung products are present in over 36 provinces and cities nationwide and are exported to several foreign countries. National key projects use Vinhhung’s products such as Cat Linh - Ha Dong urban railway project, Thanh Tri traffic intersection - National road 5, Ben Luc - Long Thanh highway, and Trung Luong - Mỹ Thuận highway, Bạch Đằng bridge ...

"Bridge bearings of Vinh Hung IP's have passed the rigorous testing procedures and are used in Nhon - Hanoi Railway Station. Through actual use, Vinhhung products are evaluated good quality equivalent to the imported ones but the price is more competitive, the supply progress is shortened”, said Nguyen Hoang Cuong - Head of Quality Management Company Daelim Industrial Co., Ltd.

The investment in a modern factory to replace imported goods, improve the competitiveness of domestic goods is an inevitable trend in Vietnam's international economic integration process. Vinh Hung IP is gradually implementing the mission of bringing Vietnamese products into transport works all over the country

                                                                       According to VNExpress