EM - In recent years, Vietnam's elevator market has been vibrant with a full range of different market share segments, fierce competition. In particular, the price race has indirectly dragged businesses into the "spiral" of deadlock. What do we see in this matter?
EM – Developing from the perspective of competition in the market by product quality, service quality instead of “cheap price”, then, highly skilled human resources can assert their capacity and improve their performance high income.
Although Japan is not the home of the car industry, Toyota (Japan) has become the dominant car company in the world. This makes one want to decipher why the company is so successful. When the world gradually understood the philosophies of the production model, it was discovered and transformed into the knowledge of the Japanese people: Lean Manufacturing.
EM - The 4th Industrial Revolution (Industry 4.0) has profoundly changed production methods in the global economy. Robots gradually replace humans, not only in the "muscular" part but also in logical thinking. This creates a crisis in which humanity is forced to face the truth: Useless crisis!
Human resources in the elevator industry are currently weak and lacking. This situation poses significant challenges for the development of enterprises and the whole elevator industry in Vietnam.
With 10,000 elevators installed each year, the Vietnamese market has shown that the potential for this product is huge. The elevator industry has a lot of potential and momentum for development. But the question is how must the workforce be trained to meet the development of the elevator industry in the coming time?
All types of transport vehicles that are heavily related to human safety must strictly comply with regulations on shelf life. Meanwhile, elevators also have many similarities, but currently there is no regulation on "retirement age". Should we ask these questions?
Not only "muddy hands and feet" save the change, but Vietnamese businesses also cultivate in a seasonal way. What is the reason for the assumption that "domestic enterprises are difficult to develop"?
The market is like a battlefield, that saying is not wrong when it comes to the level of fierceness that each business will have to face when participating in the game. That battlefield is the fight for market share for your business to survive and develop. But is the real competitor of the business like that?
Large investment but low interest rate, high risk, strict requirements, uncertain output, monotonous products... are the difficulties that enterprises manufacturing elevator components and equipment must overcome. That is the confidant of the CEO of a company that dares to "risk" entering the field of supporting industry for the elevator industry.
According to the General Statistics Office in 2021, there are only about five thousand enterprises operating in the field of supporting industries, equivalent to 4.5% of the total number of enterprises in the processing and manufacturing industry. This number is clearly salt in the water, showing an imbalance in the industry as a whole. In the elevator sector, the ratio is not much better, making the elevator industry slow and unsustainable.
