Technological investment: Guarantees absolute for development

Thursday, 02/02/2017, 13:12 GMT+7

Technological investment: Guarantees absolute for development

Technological investment: Guarantees absolute for development

Currently, there are hundreds of companies which are operating in the field of manufacturing and exporting wood. The countries in the region are equal in quality and design, so the competition belongs to the differences in technological investment.

TECHNOLOGICAL INVESTMENT: GUARANTEES ABSOLUTE FOR DEVELOPMENT

Before the needs of the market, customers in quality, value etc for wood products, the companies in the timber industry are trying to invest in technology and machinery​ modern
 
It is now very popular with the current trend of cooperation and association with timber industries in Binh Duong. Some Binh Duong timber companies actively involve in buying and selling shares with the outer and the timber industry enterprises. The trend to diversify production and business silently occurs in the community more than 22,000 companies in Binh Duong. This trend has helped enterprises to mobilize substantial financial resources, focused on intellectual sources, experience in order to help businesses more confidence before the economic integration.
 
Nguyen Liem - Chairman of the Board of Management, Lam Viet JSC said that after the global economic crisis, many companies have learned the lesson “don’t put all your eggs in one basket” so many enterprises boldly equitize, even they also participate in the equity from the companies which are operating outside the timber industry
Technology holds the victo !!!
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The wood production and export have good growth in Binh Technological investment: Guarantees for development Phung Hieu Duong for many years. The BIFA has had positive contribution to exports of wood products in the whole country. Many enterprises expand their production scope, receive large orders and expand their market share. 
 
Currently, the majority of timber companies has suffered from the pressure of models from partners. Nguyen Thanh Huy from TK Ltd Co. shared that his timber mainly exported to European and American countries, most enterprises must follow the product samples from the US and European suppliers. In future, wood enterprises should explore the culture, tastes from large markets actively, in order to be more proactive in creating new models and serving for consumer’s tastes
 
The characteristics of the US and European markets are constantly changed designs, even a new model is favored only a few months by European customers. If Binh Duong timber enterprises design well, innovate the suitable designs with markets, they will make wood products add more value.

According to Mr Liem, the biggest pressure in the whole country is the technological line for manufacturing and woodworking. The ability of timber manufacture in Southeast Asia is similar, technological lines, machines and modern equipment play an important role.
 
 The pressures of changing modern technology is increasing for companies, because the ability of saving time, alternating efficient workers, machines can help make right products of technique, aesthetic quality as partners ordered. The manufacture following assembly line shall help enterprises save a lot of costs, undergo quite a loss, reduce errors significantly compared with labor force...
 
   But it is not all businesses which have enough capital to buy well-equipped, advanced machine. Therefore, the race of technology takes place between local enterprises and domestic enterprises, domestic enterprises and foreign enterprises. It is said that any people own many modern machines, they are easy to access norders and dominate the market in the future!!!

Written : admin

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