The practical experience of non-governmental organisations and businesses in developing the supporting industry was shared at the 10th Vietnam Supporting Industry Forum in Ho Chi Minh City on May 22.

Organised by the Reed Tradex company, in conjunction with the city’s Investment and Trade Promotion Centre and the Japan External Trade Organisation (JETRO), the event focused on the importance of developing partnerships to foster the development of the industry, which provides parts and components to manufacturers, in the future.

The forum helped Vietnamese manufacturers operating in the field to realise their weaknesses and ways to overcome them, thus setting new development targets and improving the quality of their products to meet the demand of investors.

According to Bui Quang Hai, Deputy President of the municipal Mechanics Association, the supporting industry plays an important role in attracting investors. He said that most Vietnamese producers have not satisfied investors’ requirements.

Reed Tradex Deputy Managing Director, Duangdej Yuaikwamdee said Vietnam’s supporting industry has a great opportunity to strengthen its development, suggesting that Vietnamese firms should pay attention to enhancing links in the field.-VNA