The competitive world seeks globally to reduce operating expenses and labour costs for the benefit of end-users by using more external resources and taking advantage of the international market. This tendency is getting intense in the Civil engineering sector, especially for low value-added activities. The birth of VIFATEC as a credible and strategic partner of European companies is essential to meet the expectations of the new world with the three following objectives:
- Increase the competitiveness of European companies in the global market by taking advantage of the good qualities of Vietnamese engineers (dexterity, promptness, endurance, etc.) at a much more affordable price;
- Transferring the rigour and excellence of Western engineering culture to Vietnam, as well as helping Vietnam in approaching new technologies and new construction materials; And finally,
- Supporting European companies who want to grow and invest in Vietnam – a country with a very promising growth rate in infrastructure.