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Supporting industries

Law being developed to promote supporting industry

Law being developed to promote supporting industry

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.
New decree aims to boost Việt Nams supporting industries

New decree aims to boost Việt Nam’s supporting industries

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.
US truck tariffs could ripple through Việt Nams emerging auto parts sector

US truck tariffs could ripple through Việt Nam’s emerging auto parts sector

US truck tariffs may moderately affect Việt Nam’s growing auto parts sector.
HCM City hosts trade networking, supporting industries, electronics, ICT expo

HCM City hosts trade networking, supporting industries, electronics, ICT expo

Some 30 companies are showcasing technology solutions at the Week of Trade Networking and Product Exhibition in Supporting Industries, Electronics and ICT Sectors that opened in HCM City on August 13.
Developing the supporting industry requires a comprehensive strategy

Developing the supporting industry requires a comprehensive strategy

The Vietnamese supporting industry currently meets only 10 per cent of the demand for domestic production and consumption.
Việt Nam to host intl manufacturing exhibition in September

Việt Nam to host int’l manufacturing exhibition in September

The exhibition gathers a significant number of manufacturers and buyers seeking suppliers in Việt Nam, including major brands.
Japanese firms see Việt Nam as key supply chain link

Japanese firms see Việt Nam as key supply chain link

Many Japanese enterprises regard Việt Nam as an indispensable link in their supply chains.
HCM City boosts the development of supporting industries

HCM City boosts the development of supporting industries

HCM City has in recent years helped Vietnamese parts suppliers connect with manufacturing firms through programmes such as the Sourcing Fair of Supporting Industry with Buyers.
Developing supporting industries needs to be a priority

Developing supporting industries needs to be a priority

A report of the Ministry of Industry and Trade (MoIT) shows that the number of enterprises in the supporting industry sector accounts for only about 4.5 per cent of the total number of companies in the manufacturing and processing industry.
Two mega expos seek to boost competitive edge of manufacturing and supporting industries

Two mega expos seek to boost competitive edge of manufacturing and supporting industries

RX Tradex Vietnam has entered into a partnership with the Japan External Trade Organisation in HCM City, the Investment and Trade Promotion Centre of HCM City and the HCM City Centre for Supporting Industries Development to host the 2024 Supporting Industry Show...
Automobile, motorbike supporting industries ripe for move to next stage

Automobile, motorbike supporting industries ripe for move to next stage

To deeply participate in the global supply chain, Vietnamese businesses are forced to improve their competitiveness, promote large-scale production and focus more on products with high technology content.
First-ever digital transformation review toolkit for manufacturing, supporting launched

First-ever digital transformation review toolkit for manufacturing, supporting launched

Amid the slow adoption of digital transformation by small and medium enterprises constrained by investment costs and knowledge gaps, this practical toolkit will allow enterprises to effectively implement digital solutions based on their capabilities and resources
VIMEXPO 2023 to be held next month in HN

VIMEXPO 2023 to be held next month in HN

The event will contribute to increasing opportunities for Vietnamese businesses in the supporting industry sector.
Ample room remains for VN-Japan cooperation in supporting industries

Ample room remains for VN-Japan cooperation in supporting industries

"We see high potential in supporting industries in Việt Nam,"  Yasuo Shimokura, General Director of MISUMI Vietnam - a manufacturer and distributor of standard components for factory automation based in Bắc Ninh Province told Việt Nam News. 
Ministry proposes policies to promote supporting industries

Ministry proposes policies to promote supporting industries

The proposed support policies, including an interest rate subsidy of 3 per cent, are expected to a stimulus to part-supplying enterprises to improve their competitiveness and participate in supply chains of multinational corporations (MNCs).