ty le keo bd May 9, Hanoi Plastics JSC, a member of An Phat Holdings, and its Korean partner PowerNet Technologies have signed an MoU marking their strategic comprehensive partnership ty le keo bd electronic equipment assembly. This event is deemed an important milestone, opening up prospects for cooperation and development for both sides, and laying a stepping stone for Hanoi Plastics (HPC) to participate more deeply in the supply chain embracing leading Korean businesses in the future.
ty le keo bd the side of HPC, the signing ceremony featured Mr.Pham Do Huy Cuong – CEO of An Phat Holdings and Chairman of the Board of Directors of HPC; Mr.Ngo Van Thu – General Director of HPC; and Ms.Lam Thi Hien – Deputy General Director in charge of Business Development of HPC.
ty le keo bd the side of PowerNet Technologies, ty le keo bd presence were Mr. Lee Don Ju – Chairman; Mr. Lee Sang Hak – Business Director of Group; Mr. Song Sang Hoon – General Director of PowerNet Vietnam.
ty le keo bd MoU aims to build up a conducive system of mutual support to maximise ty le keo bd production and business capacity of both parties.
Accordingly, HPC and PowerNet Technologies will strengthen cooperation in ty le keo bd construction and operation of end-product assembly and production facilities; promoting business cooperation in plastic moulding and production techniques; and other necessary fields to optimise cooperation benefits between ty le keo bd two parties.
To implement the MoU smoothly, HPC and PowerNet Technologies are set to establish and jointly operate a steering committee consisted of board members from both sides to discuss and exchange ty le keo bd many different issues.
Opportunities for supply network expansion
PowerNet Technologies is a leading business in ty le keo bd manufacture of switching mode power supply sets in Korea, boasting a 30 years-plus track record.
Headquartered in RoK with factories based in Qingdao and Shenyang cities in China, ty le keo bd company’s products have forayed into 12 countries around ty le keo bd world.
PowerNet Technologies is currently a tier-1 supplier of Coway, a major brand in Korea, with decades of experience in manufacturing and developing household appliances, notably air and water purifiers.
Leveraging ty le keo bd move, HPC will directly engage in ty le keo bd production and assembly of complex components that make up air purifiers, instead of just producing plastic components as previously.
This would be an important step for HPC to participate more deeply in ty le keo bd supply chain for Coway, while also ushering in opportunities for ty le keo bd company to become a leading supplier for businesses in Korea and global electronics groups in ty le keo bd future.
ty le keo bd event also helps expand HPC’s global customer headcount, marking a new milestone in its lasting journey of persistent innovation, technology improvement, and investment in machinery-equipment and human resources, to meet increasingly stringent market standards.
Hanoi Plastics – leading supplier for major Korean enterprises
Speaking at ty le keo bd signing ceremony, Mr.Pham Do Huy Cuong – CEO of An Phat Holdings and Chairman of ty le keo bd Board of Directors of HPC said he appreciated ty le keo bd comprehensive MoU with PowerNet Technologies.
“ty le keo bd MoU marks a new success for HPC in its efforts to diversify ty le keo bd supply chain, realising ty le keo bd goal for production and business expansion, and product diversification to catch up with increasing market demands. This is also a solid stepping stone for us to engage more deeply in ty le keo bd global value chain, contributing to bringing high quality ‘Vietnamese-made’ products to global customers,” Cuong noted.
ty le keo bd the side of PowerNet Technologies, Chairman Lee Don Ju expressed his joy at having the opportunity to cooperate with Hanoi Plastics.
Mr. Lee said, Hanoi Plastics has surpassed three other companies to become a supplier of PowerNet Technologies, thanks to meeting all ty le keo bd strict requirements that ty le keo bd company has set.
With ty le keo bd unique advantages of both sides, Mr. Lee believes that PowerNet Technologies and Hanoi Plastics will have more development opportunities and have more customers in Korea and around ty le keo bd world.
Mr. Lee expected that this new agreement will lay ty le keo bd foundation for a long-term strategic partnership between PowerNet Technologies and Hanoi Plastics, making ty le keo bd two companies ty le keo bd leading suppliers for Coway in Southeast Asia.
Immediately after this agreement is signed, PowerNet Technologies and Hanoi Plastics will begin producing new product lines to realize common goals.
Hanoi Plastics JSC is a member of An Phat Holdings, a leading high-tech and environmentally friendly plastic group in Vietnam and Southeast Asia.
ty le keo bd company has made it into ty le keo bd list of leading businesses in supporting industries, boasting a 50 year-plus track record in manufacturing plastic components, auto and motorbike parts, electronic devices, industrial equipment and accessories, and moulds.
HPC is ty le keo bd leading supplier for large groups and corporations such as Honda, Toyota, Piaggio, LG, and Panasonic.
Here are some notable images at ty le keo bd ceremony
