A Feasibility Study of a Curtain Wall Testing Company in Hanoi

As there is no current wall test is being conducted in Vietnam, there is a need for the establishment of a quality testing company. Some considerations include:

i) whether such a company is feasible and profitable,

ii) how to process this kind of testing company technically and economically,

iii) whether the demand is high, and what are the architectural demands and trends?

NGUYEN DUY DUC THU made a case study which objectives were to:

1. develop technical and economic feasibility study of Curtain wall testing company

   - To identify demand (volume and market trend) and the needed supply of curtain wall testing company in Vietnam

  - To identify technical requirements of curtain wall testing in Vietnam which includes testing specifications, labs and equipment engineering knowledge competency and quality control.

2. develop business plans and marketing plans.

Conclusion

1. Technical FS

·         Quality control requirement:

The establishment of a testing company will match the quality control requirements as well as improve and complete the quality system in designing, manufacturing, constructing and erection of curtain wall. Besides, it helps research and develop the standards for curtain wall testing in Vietnam.

·         Technology applies:

The technology, method and procedures for curtain wall testing are possible.

It is more favorable for the company to cooperate with another foreign company in terms of technology and program training.

·         Human resource:

There would be no obstacles in terms of human resources since Vietnamese human resources can meet the requirement and technical staff will be trained to efficiently operate and manage the system by the foreign partner.

·         Equipment: The equipment and software can be imported, which is supported by the foreign testing company.

2. Business & Marketing FS

·         Market analysis:

The market demand for curtain wall testing is very promising thanks to the robust development of high-rise building and quality control requirement in the next five years.

·         Finance model:

The company is estimated to get positive profit from the second year of operation.

·         Competitor analysis:

The company enjoys the great advantage of being the pioneer in the business in Vietnam. Although there are some foreign testing companies in the international market, the new company still has its strengths and opportunities.

·         Market entry strategy:

The company adopts the joint venture strategy to overcome the shortage of experience and technology.

·         Law & regulation:

       Administration and licensing procedures are conformed to the authority regulations

Abstract

Nowadays, there are many high rise building had been built in over Vietnam, especially in Hanoi. The building was using for many find of propose such as office building, commercial building, hotels… and others. But they had a common that is using the curtain wall for elevation.

But there’s very difficult in order to testing and qualify this kind of material.

The thesis is focus on feasibility study of curtain wall testing company, under the perspective of technical requirement, business plan and marketing plan.