Festo wins Asian Business Case Study Award 2019

The award ceremony took place on 9 July in Singapore.

Vietnam’s first volume automotive manufacturer, VinFast, a member of the country’s largest private corporation, Vingroup, is an up-and-comer in the automotive industry. They made the bold claim of releasing their first two car models by mid-2019 during the 2018 Paris Motor Show where they unveiled their two car models. With the promise of producing cars in half the usual time, VinFast needed to put in place a state-of-the-art manufacturing line while upskilling their employees to match the demands of one of the most advanced factories in the world. In order to expedite growth and innovation, VinFast partnered with Festo for this project in the beginning of 2018.

Leveraging on its global automotive team and local operative support, Festo advised the carmaker on manufacturing solutions and provided an array of maintenance, repair and operations services, including inputs regarding Industry 4.0. Festo is a critical supplier to VinFast’s manufacturing processes, providing industrial automation solutions via original Equipment Manufacturers at all stages of VinFast’s production line. Furthermore, VinFast tapped on Festo’s expertise to set up several labs capable of providing training that meets the DIHK standard in Germany. Beyond training, Festo’s trainers also provided consultation, equipment and lab-designs for The VinFast Training Centre.

With Festo’s support in automation and training, VinFast is fast on its way to spearhead the modernisation of Vietnam’s industrial development through automotive manufacturing. This successful partnership between Festo and VinFast will reveal itself as VinFast releases its fleet of high-quality, world-class vehicles that meet the highest international benchmarks. Festo will continue to provide the same high-standard of expertise and services to all our customers and partners to come.

Tim Charlton – Editor-in-Chief of Singapore Business Review Magazine, Ms Vicky Zhou – Marketing Communications Manager for Festo Southeast Asia, Mr Ray Lee – Country Manager of Festo Singapore and Head of Cluster Engineering Centre for Festo Southeast Asia, Mr Edward Gasper – Head of Didactic for Festo Southeast Asia