Ho Chi Minh City treasures and wants to continue receiving support from international partners during its development process, Secretary of the municipal Party Committee Nguyen Van Nen has said.

Stable supporting industries and restructuring of chains for industrial production are crucial to improving the country’s manufacturing sector, according to Vietnam Chamber of Commerce and Industry (VCCI).

Authorities in central Da Nang city have adopted a host of key measures to speed up economic restructuring in 2020-2025, focusing on strengthening hi-tech and supporting industries and IT development in connection with building startups and innovative urban areas and smart cities.

Most cooperatives have been harmed by the COVID-19 pandemic while only a small proportion of them have benefited from support policies, heard a forum held by the Vietnam Cooperative Alliance (VCA) and the United Nations Development Programme (UNDP) on March 24.

Hanoi has set a target of having 900 businesses operating in supporting industries this year, with 300 eligible to join global production networks of multinational groups in Vietnam.

The standard level of social assistance will increase from VND270,000 (US$11.72) to VND360,000 (US$15.63) per month from July 1, 2021, according to Decree No.20/2021/ND-CP providing social support policies for those entitled to social protection.

Helping businesses revive production and trading is one of the important tasks that the Department of Industry and Trade of Ho Chi Minh City will focus on in 2021.

The Ministry of Industry and Trade (MoIT) will pay greater attention this year to the implementation of projects manufacturing products in supporting industries, as many opportunities have appeared for Vietnam to bolster production and exports.

VOV.VN - The Japan Trade Promotion Organisation (JETRO) will host an online scheme on March 3 in Hanoi aimed at connecting Japanese businesses in the field of manufacturing and production, known as Monozukuri in Japanese term to facilitate co-operation amid the negative impacts caused the COVID-19 pandemic.

Vietnam posted an estimated trade surplus of US$1.3 billion in January, according to a report recently announced by the Ministry of Industry and Trade (MoIT).