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Value Chain of Motorcycle Industry in Vietnam
VALUE CHAIN OF MOTORCYCLE INDUSTRY IN VIETNAM A case study of Royal Enfield in Vietnam Bachelor's thesis Valkeakoski Campus, International Business Spring Semester 2021 Quang Nguyen Minh International Business Abstract Author Quang Nguyen Minh Year 2021 Subject Value chain of the motorcycle industry in Vietnam Supervisors Sajal Kabiraj This thesis aims to provide an overview of the motorcycle industry in Vietnam and the correlation between the value chain and competitive advantage. The theoretical framework describes concepts related to strategy in business and Michael Porter's theory of competitive advantage. The main objective is to gain practical knowledge by looking into a case company in India: Royal Enfield, choosing a suitable strategy in the Vietnamese market. The author implemented a qualitative research method through primary and secondary data to answer the research question. The secondary data is collected through the theoretical framework and scholarly publications, while data collected from interviews are primary data. The result shows that competitive advantage, if not exploited correctly, may lead to failure. Keywords Strategy, value chain, competitive advantage, management, motorcycle Pages 45 pages and appendices 0 pages Contents 1 Introduction ................................................................................................................ 1 1.1 Research purpose ............................................................................................. 1 1.2 Current situation of the motorcycle industry -
CACCI Profile Confederation of Asia-Pacific Chambers of Commerce and Industry
CACCI Profile Confederation of Asia-Pacific Chambers of Commerce and Industry Vol. XLVI, No. 8 August 2020 In this Issue: Virtual 34th CACCI Conference Scheduled for October • Virtual 34th CACCI Conference Scheduled for October ................ ......................................... 1 • Deadline for CACCI Foundation Project Proposal submissions Extended to August 31 ............................................................. 1 • CACCI Secretariat Holds Videocon with FICCI on Virtual 34th CACCI Conference Preparations ......................................................... 2 • ABA holds Virtual Conference on “Managing Business Continuity and Recovery During COVID-19 and Beyond”................................................................ 2 The Confederation of Asia-Pacific Chambers of • News Updates ................................. .................. 3 Commerce and Industry (CACCI) is pleased to announce that • Member Personalities ...................................... 16 the virtual 34th CACCI Conference will be held on October • Special Features ................................................ 17 30, 2020. The first-ever virtual CACCI Conference will carry • Product & Service Councils ............................. 20 the theme “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market.” • Investment & Joint Ventures in the Region ... 24 The CACCI Secretariat is currently coordinating • Economic Cooperation News ....................... 27 with the Federation of Indian Chambers of Commerce • Technology ...................................................... -
Mobility Business Update
Mobility Business Update April 2021 2 Important notice IMPORTANT: This presentation has been prepared by VinFast Trading and Production LLC (the “Company”) for information purposes only. The Company is considering various fund raising opportunities and investments, including but not limited to an equity investment, an initial public offering, a business combination with a special purpose acquisition company or other transactions. Any potential fundraising will be subject to different factors such as market conditions, and be made at our discretion. This presentation may not be reproduced or redistributed, in whole or in part, without the prior written consent of the Company. The information contained herein is preliminary and subject to change without notice, its accuracy is not guaranteed, has not been independently verified and may not contain all material information concerning the Company and its subsidiaries (the “Group”). You should not rely upon it or use it to form the basis for any investment decision or commitment whatsoever. None of the Company, its shareholders, or any of their respective affiliates, directors, officers, employees, agents, advisers or any other person makes any representation or warranty (express or implied) or accepts any responsibility or liability for the accuracy or completeness of this presentation or any or all of the information in this presentation or otherwise made available. It is not the intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the performance, financial position or prospects of the Group. No part of this presentation shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. -
HEGGEMANN Helps with Series Start-Up the Aerospace Technology
press release / Airport PAD / Büren-Ahden 12/04/2019 HEGGEMANN helps with series start-up The aerospace technology specialist at Paderborn/Lippstadt Airport is taking on a major order from Vietnam. The excavators have already arrived to move many cubic meters of earth on HEGGEMANN AG's new expansion site. In its core business, the specialist from Büren focuses on the development and implementation of highly complex metal assemblies for the aviation industry. For example, complete landing gear systems are developed, tested and transferred to series production, or complex welded assemblies made of special materials such as titanium are produced for aircraft engines. In addition to the aviation sector, the automotive industry has traditionally used the vertical integration of the lightweight construction specialist for selected series projects for more than 30 years. Very quickly, in the fourth quarter of 2018, HEGGEMANN AG received a major order from the new Vietnamese automotive group VinFast, which emerged from VinGroup, a globally active multi-group. In a first step, VinFast manufactures two models under license, which are based on the technology of the last BMW 5 Series and BMW X5 Series. More than half of VinFast's suppliers come from Germany. In connection with HEGGEMANN AG, the list with names such as ABB, Bosch, Dürr, Siemens, ThyssenKrupp and ZF reads impressively. HEGGEMANN was selected because of its reliable customer relationships within the automotive industry to ensure the start-up of the complex front and rear axle production. In order to implement this ambitious project, HEGGEMANN is expanding its production areas directly at the site where the series production plant will be put into operation. -
Theme 1 Answers Chapter 1 Case Study
THEME 1 ANSWERS CHAPTER 1 CASE STUDY: MARS AND BANCO SANTANDER 1. Suggest two raw materials that might be used by Mars. Answers may include: cocoa, sugar, milk, dried fruit, nuts and wrapping materials. 2. Suggest two examples of different workers that might be employed by Mars. Answers may include: factory workers, machine operators, production line workers, supervisors, managers or quality inspectors. 3. Suggest two services that might be provided by Banco Santander. Answers may include: the provision of current accounts, insurance policies, loans and overdrafts, credit cards or savings accounts. 4. Discuss in groups the possible reasons why Mars may use more machinery in its operations than Santander. The provision of services such as banking often requires more people in production. This is because the service industry often involves carrying out tasks for customers that are likely to be done by people. In contrast, Mars is a manufacturer and many of its products are produced on production lines in highly automated factories. Most of the processes used to make chocolate bars, including wrapping and packaging, can be carried out by machines. The use of labour is not significant in relation to the amount of machinery. However, with more and more people using online banking, the numbers of people employed in the provision of financial services is falling. An increasing number of financial services can be provided online with a small amount of contact between bank employees and customers. ACTIVITY 1 CASE STUDY: JINDAL STEEL AND POWER 1. What is meant by the term manufacturing? One important aspect of production is manufacturing. -
2020 01 23 Imagebroschüre Deutsch.Indd
Automatisierungstechnik Fördertechnik Oberflächentechnik Vision Technologies Der Hauptsitz der Sturm-Gruppe in Salching bei Straubing (Niederbayern) 2 Willkommen bei der Sturm-Gruppe, Ihrem Spezialisten für • Automatisierungstechnik, • Fördertechnik, • Oberflächentechnik und Die Sturm-Gruppe – Ihr starker Partner • Vision Technologies. Wer heutzutage vor den globalen Herausforderungen der Industrie 4.0 bestehen will, braucht einen starken Partner an seiner Seite. Wir von der Sturm-Gruppe handeln mit der Weisheit eines gesund wachsen- den und sich beständig weiterentwickelnden Unternehmens und der Weitsicht, dass neben einer gesunden Wertschöpfungskette vor allem die Wertschätzungs- kette einen wesentlichen Erfolgsfaktor bildet, wenn es um flexibles Denken und Handeln geht. So können unsere weltweit rund 500 Mitarbeiter durch flache Hierarchien und maximale Verantwortung jedem unserer namhaen Kunden eine stets kom- petente Größe sein, auf die schlicht und ergreifend Verlass ist. Ob von unserem Hauptsitz im niederbayerischen Salching aus oder einem unserer bundesweit fünf Standorte, ob im europäischen Ausland, in den USA oder in Asien: Egal, wo Sie sind und was Sie planen – wir sorgen weltweit vor Ort dafür, dass Sie Ihrem Markt zukunsfähig gewachsen sind. 3 Unsere Leistungsbausteine Unsere Kompetenz- und Wertschöpfungskette A er Sales & Service Wartung, Ersatzteile Sie haben unsere Inbetriebnahme SOP volle Konzentration Tests, Produktionsbegleitung, Abnahme Bei der Sturm-Gruppe verstehen wir uns als Montage & Installation Generalunternehmer -
SPARK MINDA Hello Friends
01 SPARK MINDA Hello friends, Technology is changing the definition of competitiveness and consciousness in the automotive manufacturing industry. Organisations and manufacturing units are becoming digital, with smart machines that work more efficiently. Automotive manufacturing companies are realising value through collaboration with technology to create new strategies. It is now evident that adoption of new technology will help manufacturing companies gain the competitive advantage. But such collaborations will require new capabilities and foresight to be able to mean something. The result will be better product innovation and higher productivity. Technological advancements have been reshaping the manufacturing industry, including automotive manufacturing, over the last couple of years. Features like driverless cars are fast becoming mainstream products. These technologies have created unprecedented opportunities to reimagine the possible. Therefore, it is important to deliberate on the essential areas that we must focus on to improve our capabilities and to grow. This edition of Spark Minda Times focuses on our small and big technological advancements, achievements and accomplishments from around the world. Which opens our eyes to our strength and proficiency as a technology leader in the automotive domain and also throw light on the possibilities of what more we could be. So, read and ponder where we stand as a progressive organisation and how far are we willing to go to make a better tomorrow. Anil Batra Head – Group Communication -
A Low-Carbon Industrial Strategy For
CLIMATEWORKS AUSTRALIA | VIVID ECONOMICS DISCUSSION PAPER | JULY 2019 A LOW-CARBON INDUSTRIAL STRATEGY FOR DISCUSSION PAPER: A LOW-CARBON INDUSTRIAL STRATEGY FOR VIETNAM 1 CLIMATEWORKS AUSTRALIA | VIVID ECONOMICS CONTENTS Executive Summary 02 Why develop a low-carbon industrial strategy? 04 What opportunities for low-carbon industrialisation are available to the Vietnam? 11 Vietnam can join the regional race 18 Appendix 22 Executive Summary The world economy is transitioning towards in 2000, South Korea was in a similar position to cleaner and less carbon-intensive forms of Vietnam today and only exported 3% of global growth. Demand for low-carbon products is low-carbon exports. In 2008 it announced a expected to grow at 11% per year, between 2020 green growth strategy and in a span of ten years, and 2050, and could accelerate as the world managed to become one of the global leaders enters a zero-carbon paradigm. Unprecedented in low-carbon products, exporting nearly 10% of demand for green technology solutions is likely global market share. There is still time for other to emerge by the second half of the century as countries to replicate this experience. countries face a hard deadline to limit global temperature rise. Regardless of individual country For Vietnam to be competitive in the global efforts to limit emissions, global demand for low-carbon economy, it requires a robust green technologies will continue to experience green industrial strategy to consolidate upon robust growth. promising opportunities, and this starts with identifying priority sectors. A low-carbon Countries that get a head start in developing industrial strategy can help pivot Vietnam’s low-carbon technologies today will be the major economy towards increasingly profitable sectors. -
Analysis Study of Current Transportation Status in Vietnam's
sustainability Article Analysis Study of Current Transportation Status in Vietnam’s Urban Traffic and the Transition to Electric Two-Wheelers Mobility Duc Nguyen Huu * and Van Nguyen Ngoc Faculty of Energy Technology and Faculty of Electrical Engineering, Electric Power University, Hanoi 100000, Vietnam; [email protected] * Correspondence: [email protected]; Tel.: +84-90-1008-555 Abstract: In Vietnam’s major urban areas, private motorcycles are the main means of transportation that are suitable for socio-economic conditions, current transport infrastructure, and people’s habits. However, in recent years, the negative effects of a large number and high density of motorcycles in urban areas such as traffic congestion and noise and air pollution have resulted in a gradual change in the public’s opinion of private vehicle adoption, especially motorcycles. The public has also urged the authorities to issue policies of limiting or curving the growth in the number of private vehicles powered by fossil fuels in big cities. However, in order to achieve the goal, other alternative means of transport should be proposed to encourage people to move to a more sustainable and eco-friendly form of mobility. The alternatives also should be consistent with the average income level as well as social characteristics. In recent years, along with the development of a highly connected public transport network, efficient and less-polluting vehicles including electric two-wheelers have been emerging, thriving, and drawing more attraction from Vietnamese people and policy makers. The Citation: Huu, D.N.; Ngoc, V.N. spread in the number of electric two-wheelers in Vietnam’s major cities may be a sign of the transition Analysis Study of Current to a more sustainable and less-polluting means of transport as an alternative to gasoline-powered Transportation Status in Vietnam’s motorcycles. -
A Pioneering Mission
A PIONEERING MISSION A A PIONEERING MISSION ANNUAL REPORT 2019 REPORT ANNUAL Vingroup Joint Stock Company No.7, Bang Lang 1 street, Vinhomes Riverside Eco-urban area, Viet Hung ward, Long Bien district, Hanoi, Viet Nam Telephone: (84-24) 3974 9999 Fax: (84-24) 3974 8888 ANNUAL REPORT Website: www.vingroup.net/en 2019 Vingroup strives to become a leading A Pioneering international business group with a focus on Industrials and Technology Mission to build international brands that will not only enhance the reputation of Vingroup but also contribute to the future success of our home market. In order to achieve such aspirations, it is critical for the Group to be successful in the local market, which will demand extraordinary efforts, the ability to continuously overcome our own shortfalls, aggressive investment, and acceptance of initial setbacks, perseverance, creativity, and the courage to take the path untrodden. Mr. Pham Nhat Vuong Chairman of the Board of Directors 04 • Vingroup Joint Stock Company Vingroup Joint Stock Company • 05 Content 06 24 62 90 114 140 CHAPTER 01 CHAPTER 02 CHAPTER 03 CHAPTER 04 CHAPTER 05 CHAPTER 06 Vingroup 2019 About Vingroup Management Corporate Sustainable Consolidated and Message from Report on 2019 26 Governance Development Financial Statements the CEO Vingroup Profile Business Performance 90 116 142 Vingroup Governance Structure Vingroup’s Vision for Sustainability General Information 08 30 and 2020 Plan Corporate Milestones Vision, Mission, Core Values of Action 96 118 144 32 Report of the Board of Directors -
The Case of Vingroup and the Automotive Industry
ISSN 0219-3213 2019 no. 2 Trends in Southeast Asia VIETNAM’S INDUSTRIALIZATION AMBITIONS: THE CASE OF VINGROUP AND THE AUTOMOTIVE INDUSTRY LE HONG HIEP TRS2/19s ISBN 978-981-4843-41-6 30 Heng Mui Keng Terrace Singapore 119614 http://bookshop.iseas.edu.sg 9 7 8 9 8 1 4 8 4 3 4 1 6 Trends in Southeast Asia 19-J05102 01 Trends_2019-02.indd 1 16/1/19 12:26 PM The ISEAS – Yusof Ishak Institute (formerly Institute of Southeast Asian Studies) is an autonomous organization established in 1968. It is a regional centre dedicated to the study of socio-political, security, and economic trends and developments in Southeast Asia and its wider geostrategic and economic environment. The Institute’s research programmes are grouped under Regional Economic Studies (RES), Regional Strategic and Political Studies (RSPS), and Regional Social and Cultural Studies (RSCS). The Institute is also home to the ASEAN Studies Centre (ASC), the Nalanda-Sriwijaya Centre (NSC) and the Singapore APEC Study Centre. ISEAS Publishing, an established academic press, has issued more than 2,000 books and journals. It is the largest scholarly publisher of research about Southeast Asia from within the region. ISEAS Publishing works with many other academic and trade publishers and distributors to disseminate important research and analyses from and about Southeast Asia to the rest of the world. 19-J05102 01 Trends_2019-02.indd 2 16/1/19 12:26 PM 2019 no. 2 Trends in Southeast Asia VIETNAM’S INDUSTRIALIZATION AMBITIONS: THE CASE OF VINGROUP AND THE AUTOMOTIVE INDUSTRY LE HONG HIEP 19-J05102 01 Trends_2019-02.indd 3 16/1/19 12:26 PM Published by: ISEAS Publishing 30 Heng Mui Keng Terrace Singapore 119614 [email protected] http://bookshop.iseas.edu.sg © 2019 ISEAS – Yusof Ishak Institute, Singapore All rights reserved. -
ASEAN Automotive & Motorcycle Parts Manufacturing Summit 2019
ASEAN Automotive & Motorcycle Parts Manufacturing Summit 2019 Machine Tools, Cutting Tools and Testing Machines, Additive Manufacturing, High performing machining, Plastics materials & Processing, Lightweighting, 3D printing, Innovative alloys, Developing skilled workforce, Adopting 4.0 applications, Robotics and automation 02 - 03 April 2019 | Hanoi Daewoo Hotel, Hanoi, Vietnam Join over 200 delegates and 20 manufacturing professionals and expert speakers. Improve your production competence using high-efficiency machines, new materials and latest manufacturing techniques. Network with industry professionals like you and explore business opportunities. ★ Technical Conference ★ Exhibition ★ Factory Tour ★ Market Development ★ Business Matchmaking Organizer Co-Organizer Sponsor Supports Media Supports ASEAN’s Automotive & Motorcycle Parts Manufacturing continue to flourish, due to the region’s stable economic environment and growth of 6.7% CAGR during 2019–2022. ASEAN offers vast opportunities for manufacturers and distributors of automotive & motorcycle parts in the near to medium terms. Thanks to the implementation of several policies supporting the production of auto parts and components, Vietnam is now among the world’s giant auto manufacturers with many well-known brands. The motorcycle vehicle manufacturing industry in the country has reached the maturity stage, mainly due to the high usage rate and its role as the main trans- port solution among residents. Besides, limited road infrastructure expansion and low highway rate have caused serious traffic congestion in the city areas, such as Ha Noi and Ho Chi Minh City for example. Meanwhile, automotive vehicle manufacturing industry is considered as a new emerging industry in Vietnam which is in its fast-growing stage at the moment. The country's development, higher urbanization rate, rising working opportunities, the improvements of dispos- able income and purchasing power are driving the application demand and purchase desire of Vietnamese.