Foreign investments in Vietnam have the ability to change the economics of many of the country’s support industries, who are continually struggling to be part of the larger supply network.

The Ministry of Planning and Investment (MPI) said it had advised the Government to implement a number of policies to support Viet Nam's industrial sector, especially the support industry.

Vietnam's support industry is struggling to attract foreign investment as multinational companies look for alternative options during the COVID-19 pandemic.

 Industry and support industry enterprises in HCM City will have chance to access a credit package worth $439.7 million in a programme launched by the municipal Department of Industry and Trade and VietinBank.

 VietNamNet Bridge – More support should be given to several key industries to help add value and increase the localisation ratio of exports, the Industry and Trade Department of HCM City has said in a new report.

 Incentive policies necessary to develop support industry; Vietnam’s shipment to Hong Kong jumps 26 percent; One million tonnes of rice to be purchased for stockpile; Minister calls for highway progress; Dong Nai hits $200m trade surplus in Jan

Nearly 7,000 businesses established in January; TISCO to get $63.2 million to expand production; State Bank calls for lending interest rates to be lowered; Vinamilk announces export plan; 41 Vietnamese firms join billion dollar club

 VietNamNet Bridge – Foreign direct investment has been the catalyst for economic growth in Vietnam over recent years, and capital investment by foreign enterprises continues to set the pace for development of the nation’s support industries.

Overseas remittances to hit US$12 billion in 2014; Electronics, appliance sales surge to 1.3 billion USD; Quang Ngai’s Dung Quat economic zone attracts investment flows; Shutdowns exceed 60,000 in 11 months

VietNamNet Bridge – The Ministry of Planning and Investment, the Foreign Investment Agency and the Ministry of Industry and Trade have been working on a plan to develop the support industry in Vietnam.

Starbucks opens fourth Ha Noi store; No local enterprise enjoys support industry incentives; Government bonds fetch 5 trillion VND; Vietravel receives World Travel Award; Retail sales nationwide grow slows

Some Japanese businesses are considering leaving Vietnam for Thailand once the tariffs among ASEAN countries is cut to 0% within the framework of the ASEAN Free Trade Agreement, said a high-ranking researcher at the Japanese Mitsubishi Institute.

 HCM City, Japan sign a metro contract; Support industry needs policy support; Vietnam bank to provide services in Myanmar; Gov't greenlights auto industry plan; Seafood exports encounter numerous barriers

 Local banks urged to get tough on money laundering; Beer production continues to bubble; Boom in garment and textile exports to the US; Local banks fund PVD $160m to purchase oil rig

 Toyota Vietnam enjoys exponential growth in Q1; Retail market sets stage for price competition; Businesses seen as foundation for economic growth in 2014; Garment sector eyes localisation of inputs

 Foreign investors refind confidence; MARD to source foreign partners for agriculture; HDBank plans sale to Japanese investors; VN-China trade fair lifts business; Bridgestone Viet Nam pumps capital

 Samsung keen on Vietnam’s electricity sector; RoK supports chilli farming in Ninh Thuan; Vietnam sees rise in global competitive capacity; Viet Nam becomes more competitive