supporting industries

Latest News about supporting industries

VN to boost domestic 'supporting industries'icon
BUSINESS12/01/20220

VN to boost domestic 'supporting industries'

Vietnam is looking to work closely with foreign firms such as Samsung and Toyota to boost the supply of parts within the country, according to the Ministry of Industry and Trade.

 
FDI forecast to flow into supporting industries as investors set up new supply chainsicon

FDI forecast to flow into supporting industries as investors set up new supply chains

BUSINESS
01/12/2020

Foreign direct investment in supporting industries is expected to spike in the coming months as more and more foreign companies establish production facilities in Vietnam and seek to develop supply chains here, experts said.

Ministry working to promote growth of support industriesicon

Ministry working to promote growth of support industries

BUSINESS
22/11/2020

The Ministry of Industry and Trade (MoIT) has introduced a range of measures to boost the growth of support industries in a bid to promote the engagement of local companies in production chains.

Vietnam still dreams of becoming an automobile production baseicon

Vietnam still dreams of becoming an automobile production base

FEATURE
10/11/2020

Some foreign automobile manufacturers and car part producers are considering setting up manufacturing facilities in Vietnam. Will Vietnam take advantage of the opportunity to become a production base in the region?

Vietnam’s participation in the global value chainicon

Vietnam’s participation in the global value chain

BUSINESS
27/09/2020

The ratio of Vietnamese goods imported and used as input materials by foreign countries is decreasing, while the ratio of Vietnam’s import of input materials to produce goods for end-consumption is increasing. 

How do VN businesses join the global supply chain?icon

How do VN businesses join the global supply chain?

BUSINESS
13/08/2020

“If enterprises want to join the global supply chain, don’t think local,” said Nguyen Anh Tuan from Samsung Vietnam.

Supporting industries at a crossroadsicon

Supporting industries at a crossroads

BUSINESS
12/06/2020

The foreign capital inflow into Vietnam will help local enterprises expand their production, but the opportunity can only be grabbed by capable enterprises.

Enterprises in supporting industries busy with orders during COVID-19icon

Enterprises in supporting industries busy with orders during COVID-19

BUSINESS
23/05/2020

While other industries complain about the lack of jobs, enterprises in supporting industries have been operating at full capacity to satisfy a high number of orders.

Vietnamese enterprises add jobs as Chinese supplies to int'l buyers are interruptedicon

Vietnamese enterprises add jobs as Chinese supplies to int'l buyers are interrupted

BUSINESS
15/04/2020

International manufacturers are seeking component suppliers in Vietnam, considering Vietnam as an alternative market in the context of Covid-19 escalation.

Supporting industries secure more orders following Chinese supply disruptionsicon

Supporting industries secure more orders following Chinese supply disruptions

BUSINESS
19/03/2020

A number of local firms in supporting industries have been receiving more orders from foreign partners due to the coronavirus outbreak disrupting supply chains in China.

What if Samsung relocates high-end production line to Vietnam?icon

What if Samsung relocates high-end production line to Vietnam?

BUSINESS
18/03/2020

Samsung Electronics has announced the temporary shutdown of its factory in Gumi, South Korea and has relocated the production line of some high-end smartphone models to Vietnam.

Aternative suppliers hard to find during Covid-19icon

Aternative suppliers hard to find during Covid-19

BUSINESS
14/03/2020

Because of the Chinese supply interruption in Covid-19, Vietnam’s enterprises have tried to import materials from Japan and South Korea. But the two countries have also been suffering from the epidemic.

Automobile industry stimulus policies proposedicon

Automobile industry stimulus policies proposed

BUSINESS
29/02/2020

The luxury tax rate on electric automobiles and the added value created in Vietnam in automobile manufacturing and assembling may be cut to zero percent to encourage the development of supporting industries.

Vietnam Finance Ministry to remove import tariffs for automotive input materialsicon

Vietnam Finance Ministry to remove import tariffs for automotive input materials

BUSINESS
04/12/2019

The move is aimed to help develop the automotive supporting industries, particularly as Vietnam still has to import massive basic materials for domestic car production.

VN automobile support-industry growth remains modesticon

VN automobile support-industry growth remains modest

BUSINESS
18/11/2019

The proportion of automobile parts made in Vietnam remains modest because of problems in production costs and quality.

VN textile & garment sector waiting for CPTPP benefitsicon

VN textile & garment sector waiting for CPTPP benefits

BUSINESS
12/08/2019

The textile and garment industry has orders to export $18 billion worth of products, but the opportunities brought by CPTPP have not been that great so far.