BRI & HK EP2 | Entrepreneur from HK promotes development of printing technology in Vietnam

In 2015, with successful business experience in mainland China and Singapore, Yip Cheung-chun, Chairman of Champion Lee Technology Ltd, started to plan to set up a factory in Long Hau Industrial Park, which is more than 80 kilometers away from the outskirts of Long An Province in Ho Chi Minh City, Vietnam, to engage in the business of printing of stickers, labels and barcodes for industrial and commercial use. In November 2017, his factory in Vietnam was officially opened for trial operation.

Yip has been upholding a kind of "hands-off management" model, based on which he has built a highly stable core team. "From the start of our company to now, there has been very little turnover of staff. When employees work here, they can feel that they have learned something and are free to give play to it, which builds up their self-confidence and sense of belonging, so they will not leave the company," he said.

Champion Lee Technology Ltd has been established for more than 20 years. Its factory in Vietnam has also gone through 8 years since its planning. From a few dozens of people struggling to start a business to a perfect technical, production and sales team, the Vietnamese branch has not only completed its own technology iteration, but also witnessed and promoted the change and development of the whole industrial park.

Yip said that as a Hong Kong entrepreneur, he is constantly experiencing the Lion Rock spirit of his home city. "I always emphasize that it is important to have four missions as a human being. First, you have to do your job well. Then you have to love your family. And third, you have to maintain your circle of friends and get along with everyone," he said.

On the basis of these three spiritual pillars, Yip added that entrepreneurs should also uphold a sense of social responsibility. "We should put our energy into the community and society as much as possible to help those in need," he said.