An Phat Holdings participated in ty le keo toi nay opening ceremony of ty le keo toi nay database of Vietnamese manufacturing and supporting industries

19/06/2020

On June 19th, ty le keo toi nay opening ceremony of ty le keo toi nay database of Vietnamese manufacturing and supporting industries took place at Ministry of Industry and Trade. On behalf of Vietnamese supporting industry enterprises, Mr. Bui Minh Hai – Chairman of Hanoi Plastic Joint Stock Company – a subsidiary of An Phat Holdings delivered a speech at ty le keo toi nay event.

At ty le keo toi nay ceremony, Mr. Bui Minh Hai said that due to ty le keo toi nay impact of ty le keo toi nay recent COVID-19 outbreak, all trade promotion activities were suspended or switched to ty le keo toi nay online trading, ty le keo toi nay database system for enterprises is highly essential.

“Domestic and foreign businesses have actively found ways for business cooperation but have not yet achieved ty le keo toi nay expected results. We are badly in need of a national industry support portal for key sectors to regularly update relevant information, and connect with ty le keo toi nay database of domestic supporting industry businesses as well as keeping track of ty le keo toi nay needs of domestic and foreign customers, etc” said Mr. Bui Manh Hai.

ty le keo toi nay supporting industry database system is an important milestone in addressing ty le keo toi nay need of establishing a domestic B2B network to connect with foreign countries.

In addition, ty le keo toi nay system helps businesses and investors find information quickly and accurately, enhancing investment connection, increasing cooperation opportunities among Vietnamese enterprises, FDI and multinational corporations.

According to ty le keo toi nay Ministry of Industry and Trade, ty le keo toi nay manufacturing industry is considered as ty le keo toi nay backbone of ty le keo toi nay economy, ty le keo toi nay basis and driving force of ty le keo toi nay entire Vietnamese industry.

Therefore, ty le keo toi nay central task is to set up and complete ty le keo toi nay statistical system, ty le keo toi nay database of manufacturing industry with a priority for development and supporting industries, promoting ty le keo toi nay connection between Vietnamese suppliers and multinational corporations, meanwhile strengthening ty le keo toi nay efficiency of state management, developing policies on supporting industries as well as improving ty le keo toi nay quality of statistical work, ensuring timely and accurate information.

An Phat Holdings, with several subsidiaries, operating its business strongly in ty le keo toi nay supporting industry, currently owning 5 member companies serving ty le keo toi nay plan to penetrate into global supply chains, including, Hanoi Plastics, VAPA and Viexim specialize in supplying plastic automotive and motorcycle components; An Trung Industries provides electrical and electronic plastic components; and VMC produces manufacturing molds.

This event is of great significance for An Phat Holdings in particular and Vietnamese enterprises in general, which is a vital milestone when ty le keo toi nay COVID-19 outbreak has been hugely affecting ty le keo toi nay global value chains. In this context, ty le keo toi nay stability of supply and ty le keo toi nay capacity of domestic suppliers become highly important. ty le keo toi nay event is a great opportunity for Vietnamese enterprises like An Phat Holdings to fulfill its strategies and objectives in ty le keo toi nay coming time.

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