Vietnam's support industry is struggling to attract foreign investment as multinational companies look for alternative options during the COVID-19 pandemic.
The Industry and Trade Ministry will promote the restructuring of industrial production sectors, especially the support industry, due to difficulties during the COVID-19 pandemic.
Building on the achievements of “The Year of Promoting Investment Attraction 2019”, the central city of Da Nang is taking key measures to draw more investment this year.
VOV.VN - More than 350 local and foreign businesses gathered in the central coastal city of Da Nang on July 5 to attend the Support Industries Business Matching 2019.
VOV.VN - A number of agencies from Vietnam and the Republic of Korea are working together to organize the Vietnam International Machinery Fair (VIMAF) and Vietnam Supporting Industry Fair (VSIF) in Ho Chi Minh City later this year.
Samsung Vietnam and the Ministry of Industry and Trade (MoIT) opened the third and fourth training courses for Vietnamese consultants in the support industry in Ho Chi Minh City on July 24.
Prime Minister Nguyen Xuan Phuc has proposed the United Nations Industry Development Organisation (UNIDO) launch projects to help Vietnam develop the support industry for automobile and garment sectors and push industry in a low carbon and sustainable direction.
Supporting industry development will create a driving force for Vietnam’s automobile industry, as heard a seminar held by the Vietnam Association of Supporting Industries (VASI) in Ho Chi Minh City on May 24.
The Ministry of Industry and Trade and the Republic of Korea (RoK)’s Samsung Vietnam on April 17 jointly launched a programme to train 200 Vietnamese experts serving training and re-coaching demand of supply firms in support industry of Vietnam.
Export processing zones and industrial parks in Ho Chi Minh City will prioritise attracting investment in the support industry and high technology, officials of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) told the media on January 18.
Vietnam wants Japanese and Osaka firms to expand operations in the country, especially in farm produce processing and consumption, support industry, health care and technological transfer, said Prime Minister Nguyen Xuan Phuc.
VOV.VN - Three leading Japanese trade shows for the manufacturing support industry opened today (September 13) at the Cultural Friendship Palace at 91 Tran Hung Dao Street in Hanoi.
Vice Chairman of the National Assembly Uong Chu Luu started his working visit to Japan from July 3.
Measures to involve Vietnamese small and medium-sized enterprises (SMEs) in the global market through digital solutions was discussed at a workshop held by the US-ASEAN Business Council and the Vietnam Chamber of Commerce and Industry (VCCI) in Ho Chi Minh City on June 15.
VOV.VN - Vietnam Exhibition on SMT & Testing Technologies, Equipment and Support Industries for Electronics Manufacturing (NEPCON Vietnam) will be held at Hanoi International Center of Exhibition at 91 Tran Hung Dao St on September 13-15, said a press conference on June 15.
Three exhibitions introducing auxiliary products for industries will be held concurrently in Hanoi from September 13-15, as part of activities to realise commitments of the Japanese Government to assisting support industry development in Vietnam.
Chief Representative of the Hanoi Office of the Japan External Trade Organisation (JETRO) Kitagawa Hironobu said Vietnam’s support industry has huge potential during the Vietnam Support Industry Forum in Hanoi on June 15.
The central province of Thua Thien-Hue has decided to pour nearly VND52 billion (US$2.26 million) into the support industry between now and 2025, towards meeting nearly 35% and 55% of local demand for industrial manufacturing by 2020 and 2025, respectively.
The project “Vietnam’s Supporting Industries to Europe” has improved manufacturing capacity of the sector after three years of implementation.
Japan has affirmed its position as one of the two largest investors in the southern province of Dong Nai by landing further investments in the locality from the outset of this year.