Welcome to Zenken Planet Viet Nam
Vietnam is a socialist country, but a major policy change was made in 1986 aiming at “price liberalization”, “international division of industrial structure” and “productivity improvement” (Doi Moi). In addition, the education system has been developed since primary education, and as a national policy, aiming at an IT-oriented country, we are strengthening the training of engineers. Therefore, many talented people are growing. At the same time, being a pro-Japanese country as a trend for the whole country is also lowering the hurdles to advance to Vietnam.
What made you advance to Da Nang
As I mentioned earlier, Ho Chi Minh is by far the largest number of Japanese companies entering the market, followed by Hanoi, the capital city. However, our company exists in Da Nang. Why is that? Many Japanese companies have already made inroads in Ho Chi Minh City and Hanoi, and it is saturated. There are many talented people, but the competition is happening and labor costs are beginning to rise. Considering business understanding and work efficiency, it may have come to the last minute. By comparison, Danang has an environment where it is possible to provide excellent personnel who are not inferior to both cities at a low cost.
“One for all, all for one” is the goal of Zenken Planet Viet Nam. The goal is to have Vietnamese engineers, Japanese engineers, and clients work hard together to achieve one goal and grow together. Every one involved in the project seriously faces, thinks, anxieties, discusses all Stakeholders and as a result, I believe that the project will be a great success when all are in the same direction.
What is offshore development?
Offshore development is a generic term for development at overseas bases. In particular, offshore development in Vietnam has a long history, especially in Ho Chi Minh City, because it can secure talented people at low cost, and many offshore bases exist.
Rising labor costs is a major problem, but it is still possible to reduce costs compared to domestic ones. However, there are fundamental problems other than labor cost. No matter how much the cost is reduced, it has no meaning unless you can achieve the results that are commensurate with it. Offshore labor cost efficiency in Vietnam is generally said to be around 60% compared to Japanese engineers due to different languages, different lifestyles, different work habits, and poor retention of human resources, and for various reasons. You If you jump offshore without understanding this, you will have the feeling that it was not like this. This is unfortunate for both sides.
What Zenken Planet VietNam can do
The strength of Zenken Planet VietNam
Zenken Planet VietNam efforts
At Zenken Planet VietNam, we consider labor cost efficiency to be the biggest point of offshore success. We do two things to make it happen.
Trust the Vietnamese.
A Japanese engineer must be resident.
Although 1 may seem to have nothing to do with anything at first glance, it is not. Trusting Vietnamese people and leaving their jobs lead to their motivation. As a result, it leads to a drop in turnover (Zenken Planet VietNam 2018 turnover 4%). Decreased turnover rates lead to accumulation of work experience. The business knowledge accumulated in this way is transmitted from senior employees to junior employees. It is transmitted much more efficiently and positively than Japanese educate each one.
In addition to simply trusting Vietnamese people, as mentioned in 2 above, the Japanese engineers will always be stationed, and negotiations with Japan and coordination with Vietnamese people will improve the accuracy of the products And you can always keep an eye on schedule management. In addition, it is also possible to respond to changes in specifications and priorities. It is also an important role of Japanese engineers to communicate the situation on the Vietnamese side to Japan.
These two realizations will realize “One for all, all for one”, in which all the stakeholders in Vietnam and Japan that we aim to cooperate to achieve one goal.
February 20, 2017 Started as a lab-type offshore team with 6 members
January 4, 2019 Approved by the Vietnamese government as Zenken Planet Viet Nam, a wholly-owned subsidiary of ZEN
February 1, 2019 All members transferred from Lab
February 11, 2019 Full-scale activity start with 25 members