Reform and opening-up has lasted for 40 years. Now, from food and clothing to transportation and housing, foreign brands can be seen everywhere. There are Mercedes-Benz and Volkswagen for cars, Nike and Puma for clothing, KFC and Coca-Cola for food and drinks, and Colgate-Palmolive's Crest and Head & Shoulders for toiletries. It can be observed that foreign-invested enterprises that "come in" have permeated every aspect of our lives. However, it is rare to see Chinese brands abroad.
Huawei, the most successful and highly competitive international brand, might be the only enterprise among many national brands that deserves praise. When it comes to the industry of silicone rubber products, which company has achieved globalization?
Although Yong Yong has grown steadily for 26 years, it still cannot afford to slack off at all. Currently, the domestic market is becoming increasingly saturated, and the cost of human resources is constantly rising. Enterprises must consider new development spaces. "Going global" for internationalization has become an inevitable choice.
After conducting research and considering the current domestic and international situations, the leadership ultimately decided to establish a branch factory in Phu Yen Province, Vietnam. The reasons are as follows:
Our cooperating clients, such as Jing Shang and You Hua, also have branch factories in Vietnam. This will make future cooperation much more convenient.
2. The province of Binh Duong in Vietnam has a well-developed economy and is also a popular investment destination for many foreign businesses. Therefore, there are bound to be numerous business opportunities, and it is also convenient to provide localized products and services for Vietnamese customers.
3. After entering the Vietnamese market, one will encounter a much larger market - the ASEAN market! Moreover, the ASEAN countries have implemented tax cuts, resulting in a reduction in customs duties and expenditures at the customs stage. Consequently, the operating costs of enterprises have been lowered.
4. The processing and production technology in Vietnam is relatively backward. The molds and equipment are outdated, and the detection accuracy is insufficient, which results in poor quality of local products. However, our company will bring advanced equipment and production experience, which will undoubtedly enhance the competitiveness of silicone rubber products.
5. Vietnam ranks third in the world in terms of natural rubber production. Producing the raw materials locally and shipping them domestically will significantly reduce many intermediate costs.
Yongyong Silicone Rubber has been dedicated to silicone rubber products for 25 years, providing a complete solution from material research, mold development to silicone rubber product manufacturing. Welcome to visit our factory. Website: www.seidai88.com
Contact number: 0769-85536776 / Miss Luo
Fax: 0769-85536576
Mobile: Mr. Liu / 13828899458 Email: jacob@seidai.com.cn Address:
Chang'an: No. 1, Kangtai Street, Xixi Industrial Zone, Chang'an Town, Dongguan City, Guangdong Province
Shatian Branch: Zoutaiwan Industrial Zone, Fuluoshan Village, Shatian Town, Dongguan City, Guangdong Province
Vietnamese Address: Bac Ninh District, Phu Yen Province, Di Khuong Commune, Sinh Quan Village, Map No. 4, Plot No. 248.250.251
