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On March 25th, 2023, as part of the series of events of CNCTech’s 2022 Conference, we organized a panel discussion “International Business Development in Manufacturing”, with guest speakers who are CEOs from customer companies and affiliated companies of CNCTech. The program was coordinated by Mr. Nguyen Trung Kien, Vice Chairman of CNCTech Group. Attendees included CEOs from various companies, as well as Plant Managers, Technical Department Heads, and Sales Department staff of CNCTech.

For manufacturing enterprises, the cost remains the biggest pressure. However, many partners are surprised when they visit CNCTech and see large, modern, yet very cost-effective factories. So, what exactly did CNCTech do to solve this problem? Belows are the main cost-cutting methods that CNCTech is applying.

In June 2022, Vietnam has over 80 million people fully vaccinated (80% of population) and more than 10 million recovered from the infections¹. The country has reached herd immunity against COVID-19. Life returns to normal. And this opens up many opportunities for local manufacturers. CNCTech has doubled machining equipment count in Thang Long complex, in response to the rise in customer's demand. In the past three months, the company has put 60 machining and tapping