HCM City is ready to develop next-generation industries, with its readiness backed by policy and practical experience, Trương Minh Huy Vũ, vice chairman of the municipal People’s Committee, said on Monday.
The People’s Committee of Đà Nẵng City and DatViet VAC Group Holdings JSC have signed a memorandum of understanding to promote the development of the city’s cultural industries, with DatVietVAC serving as a strategic partner in the sector.
A strong industrial base should be measured not only by production and exports of finished products, but also by the ability to master materials, components, equipment, technology, design, standards and technical services that generate higher added value.
Nguyễn Dạ Quyên, co-head of the centre, said VSM 70 is part of a Vietnam-ASEAN value chain cooperation initiative. It will 70 companies for the first season, with a 90-day improvement period and no participation fees.
Digital transformation, green transformation and smart manufacturing were no longer optional trends but essential requirements that determine enterprises'' competitiveness and sustainable development.
The proposed 496.1-hectare high-tech park in Hưng Yên is expected to attract talent and innovation from Hà Nội while strengthening production and logistics links across the Northern Key Economic Region.
The exhibition, jointly organised by VINEXAD Company and the HCM City Medical Equipment Association (HMEA), features 380 booths displaying thousands of products .
Strengthening supporting industries is essential to enhancing Việt Nam''s industrial competitiveness, increasing localisation and reducing reliance on imported inputs, officials and industry leaders said at a forum in HCM City on July 2.
Việt Nam took over the chairmanship of the ASEAN Furniture Industries Council for a two-year term from Thailand at the Ho Chi Minh Export Furniture Fair (HawaExpo) in HCM City on March 4.
Vice Chairman of the Hà Nội People’s Committee Nguyễn Mạnh Quyền has signed Decision No. 6126/QĐ-UBND on Wednesday, approving the Hà Nội Supporting Industry Development Programme for the 2026–2030 period, with a vision toward 2035.
The city also recognised the top 10 outstanding industrial products of 2025, underscoring the efforts of promoting innovation, improving competitiveness and increasing quality.
While enterprises must be proactive in improving their capacity and finding orders, the Government’s support is essential, especially in terms of land, credit and tax.
Supporting industries are seen as a key foundation for promoting the sustainable development of Việt Nam''s economy, reducing reliance on imported raw materials and components.
Hưng Yên is pushing the formation of a free economic zone (FEZ) with a strategic vision to make it one of the most dynamic, open and investor-friendly economic zones in Southeast Asia.