The Make In Vietnam Awards — organized annually by Vietnam’s Ministry of Science and Technology — is where the country’s most impactful digital products earn national recognition. The 2025 edition brought a landmark moment for NTQ Factory: NxFactory, its smart manufacturing platform, took home the Silver Award among the nation’s outstanding digital solutions.

More than a trophy, this recognition carries weight. Make In Vietnam evaluates entries against rigorous criteria: real-world applicability, measurable business impact, and competitive readiness in international markets. Earning Silver in this field validates NxFactory not just as a promising product, but as a mature, deployable solution capable of driving meaningful change on the factory floor.

[NxFactory Granted Silver Award At Make In Vietnam 2025]

The Problem NxFactory Was Built to Solve

To understand why this recognition matters, it helps to understand the pressure manufacturers are operating under right now.

Global supply chains have never been more volatile. Product lifecycles are shrinking. Customer demand for customization is rising. And skilled manufacturing talent remains in short supply across the region. Traditional production management systems — built for a more predictable era — were never designed to handle this level of complexity.

NxFactory addresses this gap directly. Rather than digitizing existing processes, the platform enables manufacturers to fundamentally rethink how factories operate, sense, and decide. It connects the shop floor to the control room to the boardroom — creating a continuous intelligence loop across every layer of production.

Core capabilities include:

• Automated real-time data acquisition from machines and production lines
• Equipment condition monitoring with early fault detection
• AI-powered predictive insights to stay ahead of disruptions
• Intelligent production planning that adapts to live operational data
• Multi-dimensional reporting and dashboards for operational leadership

The result is a shift from reactive firefighting to proactive optimization — and from gut-feel decisions to data-backed confidence.

Measured Results, Not Just Features

Make In Vietnam doesn’t reward ambition alone — it rewards outcomes. NxFactory’s track record in live deployments demonstrates exactly that:

These figures come from real factory environments, where every percentage point translates directly into margin, capacity, and competitive advantage.

Mr. Nguyen Huu An, Vice CEO of NTQ Factory, put it plainly: “This recognition affirms our vision to build a technology platform that enables manufacturers to operate leaner, gain real-time visibility into data, and compete confidently across global value chains.”

[Mr. Nguyen Huu An, Vice CEO of NTQ Factory]

Three Consecutive Years on Vietnam’s Innovation Stage

The 2025 Silver Award doesn’t stand alone — it’s the latest chapter in a consistent record of national recognition:

2023 — Gold Award for NTQ’s Global Development Center (GDC)
In its first-ever Make In Vietnam entry, NTQ claimed the top honor in the Outstanding Digital Products for Foreign Markets category. The GDC model now serves clients across more than 20 countries, delivering specialized technology from Vietnam to global markets.

2024 — Top 10 New Digital Technology Products for NxUniverse
NTQ’s comprehensive Generative AI ecosystem earned recognition for its cross-industry versatility and its potential to transform how organizations work with knowledge and information.

2025 — Silver Award for NxFactory
The smart manufacturing platform extends NTQ’s innovation track record into one of the most demanding and strategically critical sectors in the regional economy.

Taken together, these wins tell a deliberate story: NTQ has built innovation capability across three distinct technology domains — global delivery infrastructure, AI ecosystems, and manufacturing intelligence — without losing depth or quality in any of them.

Why This Matters Beyond One Company

For years, Vietnam’s smart manufacturing software market has been dominated by international platforms designed for Western or East Asian factory contexts. NxFactory is changing that equation.

Built by a Vietnamese team, for manufacturers operating in the region’s specific economic and operational context, NxFactory offers something global platforms often can’t: deep local relevance without sacrificing technical sophistication. The Make In Vietnam Silver Award is independent confirmation that the platform meets international standards — not just local ones.

This has practical implications for manufacturers evaluating digital transformation investments. A locally developed, nationally recognized solution means lower integration barriers, more accessible support, stronger cultural alignment, and a partner that understands the nuances of doing business in Vietnam and Southeast Asia.

What Comes Next

NTQ Factory is committed to deepening NxFactory’s capabilities — expanding AI-driven features, broadening integration support, and scaling the platform’s reach into new markets beyond Vietnam. The ambition isn’t only to serve domestic manufacturers well, but to demonstrate that Make In Vietnam technology can compete and win in international markets.

The 2025 Silver Award marks a milestone. The road ahead is about turning that milestone into momentum.

Exploring digital transformation for your factory? Get in touch with the NTQ Factory team to learn how NxFactory can address your specific manufacturing challenges.

Witnessed by high-level government representatives from Vietnam and South Korea, the MoU reflects a shared ambition to contribute to the ongoing digital transformation of the manufacturing sector – One of the key priorities in both countries’ economic strategies.

Ms. Nguyen Minh Trang – CEO NTQ Factory and Mr. Kim Young Nam – CEO Taejin System at the signing table 

Ecosystem That Leverages Smart Factory Adoption 

Under the MoU framework, NTQ Factory and Taejin System aim to establish a comprehensive collaboration to co-develop and deploy internationally standardized Smart Factory and AI Factory solutions in Vietnam.

The partnership is built upon the complementary strengths of both parties. Taejin System brings over 22 years of experience in delivering manufacturing management and Smart Factory solutions in South Korea. Meanwhile, NTQ Factory contributes strong capabilities in implementing advanced & comprehensive smart factory solutions tailored to various sectors, an experienced consultant team with deep insights into Vietnam’s manufacturing landscape, and granting advantages to implement large-scale projects from the foundation of NTQ Holdings – With 15 years of experience delivering successful projects for global markets, 1500+ employees, and 8 offices across Japan, Korea, Hong Kong, Europe and US. 

Together, the two companies will focus on developing an end-to-end solution ecosystem, spanning from strategic consulting to the implementation of an AI-powered smart manufacturing management platform tailored to the Vietnam market. This integrated approach enables enterprises to achieve synchronized, scalable, and sustainable digital transformation, rather than isolated improvements.

In the context of Vietnam’s rapidly evolving manufacturing sector, the demand for Smart Factory adoption is becoming increasingly urgent. As the Government positions digital transformation as a core pillar of national economic development, manufacturers are under growing pressure to modernize operations, enhance productivity, and improve global competitiveness. This collaboration is therefore expected to play a practical role in supporting manufacturers to accelerate their transition toward smarter, data-driven production models.

Beyond technical implementation, the collaboration also serves as a strategic foundation for both parties to demonstrate their capabilities to government stakeholders, to unlock funding opportunities, and participate in larger-scale Smart Factory initiatives in the future.

Strategic Significance – Strengthening Vietnam – South Korea Cooperation Through Smart Manufacturing

The Vietnam – Korea Business Partnership 2026 serves as a key trade promotion platform, bringing together numerous South Korean and Vietnamese enterprises to explore business matching, technology exchange, and investment opportunities. As a structured mechanism for fostering bilateral economic cooperation, the event plays an important role in strengthening connections between the two business communities and accelerating collaboration in high-potential sectors, including digital transformation and manufacturing. High-level government executives from both countries, notably including South Korea’s President Lee Jae Myung and Vietnam’s Prime Minister Le Minh Hung, participated in this event, highlighting the strategic importance of this platform. 

More than 73 business deals were signed at the event, across different industries including energy, tech, and infrastructure development – Demonstrating a tight economic relationship between the two economies. 

Companies participating in the signing ceremony at the Vietnam–Korea Business Partnership 2026.

Within this broader context, the MoU signing between NTQ Factory and Taejin System represents a meaningful and symbolic milestone. It reflects the growing depth of the comprehensive strategic partnership between Vietnam and South Korea, particularly in areas that are critical to future industrial growth. 

The collaboration between NTQ Factory and Taejin System represents a shared commitment of both parties in expanding smart factory adoption across Vietnamese and Korean-invested manufacturers, aiming to enhance their capabilities to elevate their competitiveness internationally, while fostering operations that align with the local environment. For NTQ Factory, this MoU embarks on a great step in building a global technology partner ecosystem around NxFactory, reinforcing the positioning of “Made In Vietnam” MES Solution in contributing to making a significant impact on the development of the regional smart factory.

Looking ahead, NTQ Factory and Taejin System expect this alliance to serve as a long-term catalyst: Not only for expanding Smart Factory adoption in Vietnam but also for strengthening bilateral cooperation through tangible, technology-driven outcomes. In doing so, the partnership contributes to attracting high-quality investment flows and reinforces Vietnam’s position as a rising hub in the global manufacturing landscape.

Most plant managers believe their equipment is operating at good capacity. However, when measured in practice, the average OEE of manufacturing plants globally is only around 60%. In other words, 40% of production capacity is being wasted every day without anyone seeing it.

So where does your factory stand?

The Silent Productivity Drain

In most factories, three problems occur continuously: unplanned machine stoppages, production shifts running slower than planned, and defective products requiring rework. Despite this, few people measure them systematically.

The consequences are:

• Leadership makes decisions based on gut feel or outdated paper reports
• The engineering team cannot accurately identify which equipment is the true bottleneck
• The entire factory continuously misses output targets without a clear root cause

That is precisely why OEE — Overall Equipment Effectiveness — was created to solve this problem.

What Is OEE? Formula & Definition

Simply put, OEE (Overall Equipment Effectiveness) or Total Equipment Efficiency is the global standard metric for evaluating how effectively a piece of manufacturing equipment actually operates compared to its theoretical potential.

The OEE Formula

OEE = Availability × Performance × Quality

Worked Example

Assume a production shift has the following metrics:

• Availability: 90% (machine stopped for 30 minutes in a 5-hour shift)
• Performance: 85% (running slower than standard speed)
• Quality: 98% (2% scrap rate)
• → Result: OEE = 90% × 85% × 98% ≈ 75%

What Is a Good OEE Score?

 Note for engineers: OEE is not an absolute number. Specifically, job shop factories typically have lower OEE than mass production factories, and that is completely normal.

The Six Big Losses Destroying Your OEE

To understand more clearly, OEE is built on the Six Big Losses framework in TPM (Total Productive Maintenance). Specifically, these 6 losses are divided by component:

 Affecting Availability:

1. Unplanned Downtime: unplanned failures, unexpected breakdowns
2. Planned Downtime: mold changes, adjustments, new product setup

 Affecting Performance:

3. Speed Loss: running below design speed
4. Minor Stops & Idling: small jams, temporary sensor faults, brief waits

Loss Group Quality:

5. Production Defects: scrap and rework during stable production
6. Startup Defects: defective output when starting a shift or after product changeover

Notably, Performance loss is the most commonly overlooked. The reason is that the machine is still running, but slower than standard by 10–20% and no one sees that on the shift report.

Beyond that, each industry has its own weaknesses. For example, the electronics & packaging sector suffers heavily from minor stops and setup time when changing SKUs frequently. Meanwhile, the automotive sector is particularly sensitive to Quality rate due to strict tolerance requirements.

From Metric to Action: A Smart Manufacturing IoT Platform

Knowing what OEE is only gets you so far. The more important question is: how do you collect accurate, continuous data and turn it into specific actions?

Many factories still calculate OEE manually recording in Excel after each shift, or entering data from paper reports. This leads to delayed data, inaccuracy, and zero ability to spot trends in real time.

A smart IIoT platform like NxFactory by NTQ Factory takes a completely different approach:

• Direct PLC/SCADA integration to capture machine signals in real time — no manual input required
• Automated OEE calculation per machine, per shift, per line — down to the minute
• Six Big Losses Pareto analysis to identify the right priority root cause
• Anomaly alerts when Availability or Performance drops below threshold
• Real-time shopfloor dashboards displayed on factory screens so the entire team monitors together

As a result, factories deploying NxFactory report clear outcomes: 17% reduction in machine downtime, 12% shorter production cycles, and up to 50–90% reduction in manual reporting effort.

In other words, these results do not come from a prettier OEE number but because the operations team can finally see the right problem, at the right time. To better understand how the system works, you can learn more about AI analytics & production reporting.

Conclusion: OEE Is the Common Language of the Modern Factory

In summary, OEE is not just a metric — it is the common language between leadership, production management, and the engineering team. When all three groups look at the same accurate data, the factory can improve systematically.

Therefore, if your factory has not yet measured OEE or is still doing so manually this is the moment to change that.

👉 Learn more or schedule a free demo at: nfactory.vn/request-a-demo/