Our company has successfully completed the installation and commissioning of the first batch of side-in mold in-situ labeling equipment in Vietnam, a key step in our internationalization strategy.
Recently, our technical team successfully completed the installation and commissioning of two sets of VCM-2000 side-entry high-speed in-mold labeling systems in Haiphong, Vietnam. After on-site acceptance by VinPackaging Group, the equipment has officially entered mass production and is operating continuously and stably, with an average daily output exceeding 180,000 units, achieving a product quality rate of 99.6%, reaching international advanced levels.
As an important growth pole of manufacturing in Southeast Asia, the Vietnamese market accounts for 23% of China's injection molding automation equipment export share (according to the General Administration of Customs data 2023).
The successful implementation of this cross-border project marks a substantial breakthrough in the company's "technology going overseas" strategy.
According to the International Business Department, relying on the demonstration effect of the Vietnam project, several clients from countries such as Thailand and Indonesia have entered the business negotiation phase. The company plans to set up a Southeast Asian service center in Ho Chi Minh City, while simultaneously advancing the EU CE certification process. It is expected that by 2024, the proportion of overseas business will increase to 35%.
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