Having anticipated that Vietnam will become a major player in the global supply chain, in 2008 Hung Viet was engaged in the consultancy and investment into mechanical engineering industry using CAD/CAM/CNC machineries. BacViet, a steel trader, had shifted focus and acquired German and Japanese precision technologies for both specialized mold making and plastic injection production. BacViet later became a key supplier for many leading brands, such as Samsung, Canon, Honda, Toyota, Korg that contribute to Vietnam’s growing export processing establishment.
BacViet has transformed from a steel trade industry to value added steel processing by building partnership with financial sector, enriching the alliance with support industries and forging national business community at large.