TMD Vietnam aspires to go global

Founded in 2015 with domestic capital and countless challenges, TMD Vietnam Technology Co., Ltd. has written a new chapter for Vietnam’s precision engineering industry. After nearly a decade, TMD has not only established a strong position in the domestic market but has also become a key link in the global supply chain, successfully entering demanding markets such as the United States, Canada, Germany, Japan, and Singapore.

The Inauguration Ceremony of TMD Hung Yen Factory at Industrial Park No. 3.

On the occasion of its 10-year development milestone, Vietnam Business Forum had a conversation with Mr. Tran Van Long, CEO of TMD Vietnam Technology Co., Ltd., to gain deeper insights into the company’s management philosophy and the aspirations of a Vietnamese enterprise on the global economic map.

- What were the biggest challenges TMD Vietnam had to overcome in order to build trust with international partners as it has today, sir?

To survive, TMD chose the most challenging path: instead of focusing solely on simple outsourcing, we concentrated on multi-industry precision engineering. We persevered step by step, from producing the smallest components for agricultural machinery to developing complex mechanical systems serving the aerospace, defense, and medical industries.

Mr. Tran Van Long, CEO of TMD Vietnam Technology Co., Ltd.

One of the most memorable milestones was when TMD entered the Top 5 suppliers for customers in the United States in the asphalt paving machinery sector. It was the result of relentless dedication, sacrifice, and innovation. To win the trust of customers in the U.S. and Europe, we had to standardize our entire production system with synchronized, modern machinery while strictly complying with ISO 9001:2015 and ISO 14001:2015 standards. The rigorous requirements of our partners helped TMD develop a strong culture of discipline in manufacturing, turning challenges into a springboard for affirming our brand on the global economic map.

- You once stated that precision engineering is the “backbone” of industry. In TMD Vietnam’s long-term strategy, what has the company been doing to realize this role, especially in terms of integrating more deeply into the global value chain?

That is absolutely true. Precision engineering contributes around 16-17% of Vietnam’s GDP and serves as the foundation for key industries such as automotive, electronics, and construction. TMD’s strategy is to never remain within the comfort zone of simple assembly work. Instead, we are making a strong shift toward manufacturing high-tech products with greater technological value.

Currently, TMD operates two large factories in Hanoi and Hung Yen, covering a total area of more than 15,000 square meters. Our main clients are multinational corporations from the United States, Canada, Germany, Japan, and Singapore.

To maintain this position, we focus on three key pillars:

Supply chain integration, stronger international cooperation, and sustainable investment. We not only deliver products but also provide the most optimized machining solutions for our customers. In addition, we place special emphasis on our workforce - young, passionate, and creative engineers. At TMD, people are at the heart of innovation. They are the ones operating the most advanced machinery systems, transforming raw blocks of steel into highly sophisticated components with absolute precision.

Beyond the domestic market, we are focusing on optimizing our operational systems and strengthening our core capabilities to expand globally. International-standard quality remains our top priority: standardizing production processes and services to meet the demands of the world’s most rigorous markets.

- With the new factory project at Industrial Park No. 3 in Hung Yen officially commencing operations in April 2026, what are TMD’s plans to attract more domestic and international partners in the coming years?

TMD Hung Yen Technology Co., Ltd. has been granted an Investment Registration Certificate by Hung Yen Province. The project focuses on precision mechanical processing, as well as the manufacturing of components and assemblies serving a wide range of industries, including agricultural machinery, road construction equipment, mining machinery, the automotive and motorcycle industries, electronics, shipbuilding, oil and gas, healthcare, food and beverage, aerospace, military and defense, automation, and other industrial equipment sectors.

The new factory at Industrial Park No. 3, with a total area of 12,800 square meters, marks a major milestone in realizing our goal of comprehensive digital transformation. In the near future, TMD will focus heavily on investing in three key areas: automation, robotics, and artificial intelligence (AI) in manufacturing.

First, automation and robotics: the integration of robotic systems into machining production lines will significantly boost productivity while minimizing human errors, enabling us to meet ultra-large and ultra-precise orders from the world’s most demanding markets.

Second, artificial intelligence (AI).

We will apply AI to optimize smart management systems, enabling predictive maintenance for machinery and automated quality control. This will not only help reduce costs but also significantly enhance our competitiveness.

With a well-structured investment strategy in technology, modern machinery systems, and a highly skilled engineering workforce, TMD expects this project to strengthen manufacturing capabilities within Vietnam’s supporting industrial supply chain, while also creating more employment opportunities for local workers and contributing positively to the socio-economic development of Hung Yen Province.

- How do you assess the investment environment in Hung Yen, particularly the support from the provincial authorities and the Industrial Zones Management Board? Why did the company choose Industrial Park No. 3 for its investment and production activities?

Through our research and practical implementation process, we have found Hung Yen’s investment environment to be increasingly transparent, professional, and business-friendly. In particular, the proactive support from the local authorities and the Provincial Industrial Zones Management Board has created strong confidence among investors.

During the initial implementation phase, we also encountered certain challenges, such as infrastructure completion progress, legal procedures related to investment and construction, as well as increasingly stringent environmental standards in the industrial sector.

However, what we highly appreciate is the close support and companionship from Hung Yen Province and the Industrial Zones Management Board. The difficulties we faced were promptly acknowledged, supported, and resolved, enabling the company to gradually stabilize operations and accelerate the project implementation in line with the planned schedule.

TMD chose Industrial Park No. 3 for many favorable factors: its strategic location near Hanoi and major industrial hubs, convenient transportation connectivity, synchronized technical infrastructure, as well as a development orientation aligned with the precision engineering and supporting industries sector.

We believe this is a strategic location that will enable TMD to continue expanding its scale, enhancing production capacity, and better meeting the stringent requirements of international partners.

To further enhance investment attractiveness, we hope Hung Yen Province will continue accelerating administrative reforms in a more streamlined and digitalized manner, while ensuring stronger coordination among relevant authorities.

In addition, the continued improvement of interregional transport infrastructure, the development of a supporting industrial ecosystem, and greater focus on training a highly skilled technical workforce will be key factors in helping businesses achieve sustainable growth.

For its part, TMD is committed to making serious investments, fully complying with all legal regulations, especially quality and environmental standards, while striving to accompany Hung Yen Province in its long-term development journey.

- Thank you very much for your insights!