Turkish businesses eye Vietnamese electronics sector
VOV.VN - After gaining experience of working alongside leading companies and corporations from the United States, Europe, Japan, and the Republic of Korea, local firms are now fully capable of joining the supply chains of Turkish companies, heard an online trade exchange held on April 8.
The event saw Nguyen Thi Thu Thuy, deputy director of the Vietnam Trade Promotion Agency’s Export Promotion Centre, state that Vietnam is gradually becoming the world's manufacturing hub and can serve as an important link within the global supply chain.
The country can meet stringent requirements set out in terms of product quality, precision, cutting-edge technologies, and delivery schedule, said Thuy, adding that this is true even for large orders due to highly-skilled local workers, reasonable prices, coupled with advanced technology.
According to the expert, Vietnam has been making hi-tech products with a high-added value in recent years.
Hakan Kozan, purchasing manager of Arcelik Corporation under Koc Holding Group, said as Vietnam continues its comprehensive and extensive integration into the world, local enterprises are widely considered to be fully capable of producing high-tech products which are suitable to the group's business strategy.
Due to the impact of the COVID-19 pandemic causing major firms to seek alternatives in order to avoid a reliance on one supplier, Kozan advised Vietnamese businesses to fully tap into this opportunity to become a partner for both Arcelik Corporation and Koc Holding Group.
Koray Derman, purchasing group manager of Arcelik Corporation, pointed out that Vietnam’s recent signing of several free trade agreements (FTAs) is anticipated to attract Arcelik Corporation to enter its market.
He therefore advised local firms to strive to meet strict product quality standards and to make further inroads in the Turkish market as the EU is the main consumer market of Turkish businesses.
