The People's Committee of Bac Ninh province has approved a programme on the development of supporting industries for the 2021 – 2025 period with total funding of nearly 154 billion VND.
The northern province of Vinh Phuc is adopting a number of mechanisms and policies to attract investment in the development of supporting industries, considering it as an important step to build a sustainable industry.
In nearly two years since it began, Ho Chi Minh City’s investment stimulus programme for the supporting industries has enabled a number of businesses to acquire new technologies and equipment, upgrade their factories and enter the supply chains of global large corporations, according to the Centre for Supporting Industry Development (CSID).
Thirty-two Vietnamese busineses operating in the field of mechanical manufacturing and supporting industries have participated in the 22nd Mechanical Components & Materials Technology Expo (M-Tech 2018) that opened in Tokyo, Japan, on June 20.