Vietnamplus

The project “Vietnam’s Supporting Industries to Europe” has improved manufacturing capacity of the sector after three years of implementation.

Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong has directed sustainably developing manufacturing firms in both quantity and quality.

Prime Minister Nguyen Xuan Phuc called on the Republic of Korea (RoK) to invest more renewable energy, infrastructure, high technology, and processing industry in Vietnam, during his reception for Park Won-soon, Special Envoy of the RoK’s President Moon Jae-in, in Hanoi on May 25.

The northern province of Ha Nam aims to lure 130-150 projects to its industrial parks (IP) in 2017-2020, with total investment of up to 50 trillion VND (2.19 billion USD), including 1.5-1.8 billion USD in foreign investment.

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.

Industry and support industry enterprises in Ho Chi Minh City will have chance to access a credit package worth 10 trillion VND (439.7 million USD) in a programme launched by the municipal Department of Industry and Trade and VietinBank.

The Asia-Pacific Economic Cooperation (APEC) member economies have adopted the Support Industry Initiative proposed by Japan and Vietnam.

HCM City plans to offer low-interest loans of no more than 200 billion VND (8.8 million USD) with a maximum seven-year term to enterprises operating in the manufacturing or support industry.

Vietnam has been attracting a lot of attention from investors in the Republic of Korea (RoK) thanks to her active global economic integration and engagement in free trade agreements.

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.

Amidst current globalization trend and regional economic connectivity, each APEC member should be aware of the significance of becoming part of the global supply, production and value chains.

HCM City wants to boost practical cooperation with Japanese localities, especially in the fields of hi-tech agriculture, support industry, high technology and human resources training.

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.

The northern province of Ha Nam wants to lure foreign investment in support industry and high-tech agriculture, Chairman of the provincial People’s Committee Nguyen Xuan Dong has said.

Amidst the current process of international integration, developing the supporting industry is essential when joining the global value chain and the southern province of Dong Nai is not an exception.

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.

Truong Hai Auto Corporation (Thaco) plans to inject more than 2.1 trillion VND (94.5 million USD) into a project to produce buses with European emission standards.

Vietnam’s vocational education system must undergo reform to produce workers who can compete with their counterparts in other countries, the head of Institute of Vocational Education Studies has said.