Industry and support industry enterprises in Ho Chi Minh City will have chance to access a credit package worth US$439.7 million in a programme launched by the municipal Department of Industry and Trade and the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank).
The Asia-Pacific Economic Cooperation (APEC) member economies have adopted the Support Industry Initiative proposed by Japan and Vietnam.
The HCM City People’s Committee plans to offer low-interest loans of no more than VND200 billion (US$8.8 million) with a maximum seven-year term to enterprises operating in the manufacturing or support industry.
The central province of Quang Nam held a conference on March 26, calling for investments in the automobile support industry, garment-textile, and entertainment services in coastal areas, hi-tech agriculture, and pharmaceutical industry.
The Ho Chi Minh City People’s Committee has issued regulations on interest support toward enterprises investing in the industrial sector and the support industry.
The northern province of Thai Binh hopes to have more than 9,000 enterprises by 2020, or 850-900 new ones per year between 2016 and 2020, under a scheme to develop the private sector and small and medium-sized enterprises.
Several of Vietnam’s important industrial sectors have yet to be paid due attention or have been invested in in an over-diversified or unplanned manner, resulting in low added value to the economy.
The southeastern region remains the most attractive destination for foreign direct investment (FDI) in Vietnam.
Linking small and medium-sized enterprises (SME) and selecting some of them to join the supply chain for FDI firms to boost support industry is among ideas to promote the role of SMEs in the industry’s growth that was given in a recent conference in Ho Chi Minh City.
VOV.VN - With the aim of bringing more opportunities for Vietnamese to approach advanced and hand products in both manufacturing and daily life – Vietnam Hardware & Hand Tools Expo 2016 (November 30-December 3) – is ready to open its doors.
The Ministry of Industry and Trade has launched a website to update regularly legal documents and policies of State agencies on the support industry at www.support.gov.vn.
The northern province of Ha Nam called on Japanese enterprises to invest in its support industry during a conference in Japan’s Osaka city on October 11.
A string of exhibitions of machine tools , electronic technologies and equipment, and solutions for support industries kicked off in HCM City on October 6.
Orientations for support industry development and experience in supporting small- and medium-sized enterprises (SMEs) were focused at the Business Partner City (BPC) 2016 conference which took place in Ho Chi Minh City on September 7.
The flexible implementation of monetary policy from the State Bank of Vietnam (SBV) contributed to stabilising the financial market from the beginning of this year.
VOV.VN - Leaders from the northern province of Vinh Phuc have affirmed the locality's willingness to provide the best possible support for Japanese businesses at a July 6 meeting.
The southern province of Dong Nai attracted US$1.01 billion in foreign direct investment (FDI) in nearly half of 2016, surpassing its US$1 billion target set for the whole year.
An agreement to hold international fairs and business connectivity programmes for Vietnam’s support industry was signed in Ho Chi Minh City on June 15.
The future of the Vietnamese retail sector was extensively discussed at a seminar held in Hanoi on May 18, in the context of serial acquisitions by foreign retailers.
The southern province of Dong Nai called on Japan to land investments in hi-tech projects, support industry development, energy saving, agricultural and industrial processing at an investment promotion conference held in the locality on April 23.