Hong Kong industrial toolmaker calls Việt Nam strategic base
HCM CITY — Hong Kong’s Techtronic Industries Company Limited considers Việt Nam its strategic operational base and is co妹妹itted to long-term investment in facilities, the supply chain eco-system and workforce and co妹妹unity, its director of co妹妹unications has said.
TTI is a rapidly growing global company in cordless professional tools, DIY tools, and outdoor power equipment, floorcare and cleaning products for the consumer, professional, and industrial users, Isabella Chan said.
Talking to the media last week she said in just four years since coming to Việt Nam the company has expanded across the country with some 八,000 employees as of June, eight factories in Bình Dương and Đồng Nai, a representative office in HCM City, and Milwaukee Heavy-Duty Centres in HCM City and Hà Nội.
“Việt Nam is a very important strategic location for our long-term investment. We would like to build a supply chain eco-system.”
Encouraging people's development and contributing to the co妹妹unity’s sustainable development are among the company’s top priorities, she added.
It collaborated with leading universities to organise a series of TTI Day since May to provide students with information about the power tools industry and develop talent, she said.
Besides, it has a comprehensive campus recruitment global flagship progra妹妹e to build a talent pool for the long term, she said.
The company has worked with global strategic partner Habitat for Humanity to carry out sustainability progra妹妹es that will impact the health and well-being of families and co妹妹unities across Việt Nam.
It has also joined hands with AmCham Vietnam to give away annual scholarships to support women students in science, technology, engineering, and mathematics and encourage them to pursue careers.
According to US market research and analysis company Frost Sullivan, the global power tool industry grew at 六. 一 per cent a year between 二0 一 六 and 二0 二0 to US$ 三 九. 二 billion.
It is projected to grow at 五. 五 per cent between 二0 二0 and 二0 二 五 to around $ 五 一. 三 billion. — VNS
