The central city of Da Nang expects to attract at least 10 investment projects into its hi-tech park by 2020, including at least one major project of a multinational hi-tech company.
The Japanese Business Association in Ho Chi Minh City (JBAH) has been asked continue organising economic conferences and forums to attract Japanese investors to the city, especially in tourism and supporting industries.
The southern province of Dong Nai has attracted nearly 483 million USD in foreign direct investment (FDI) so far this year, funding 26 new and 38 existing projects.
The Government plans to provide wide-ranging assistance to the domestic supporting industry so that they can increase supplies of parts and components to both local and foreign firms.
The Prime Minister has approved a programme on developing the supporting industry which is expected to meet 45 percent of the demand of domestic production by 2020 and 65 percent by 2025.
The Prime Minister has approved a programme on developing the supporting industry which is expected to meet 45 percent of the demand of domestic production by 2020 and 65 percent by 2025.
Industrial firms from Japan’s Oita prefecture expressed their wish to cooperate with Vietnamese businesses at a seminar to promote Vietnam-Japan trade in HCM City on November 14.
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.
Ho Chi Minh City and Nagano Prefecture of Japan need to boost economic ties for their development, agreed the two sides’ leaders at a meeting in Vietnam’s southern economic hub on October 26.
A study on how to develop the supporting industry in Vietnam suggested cooperation with Japan in the field, heard a seminar held in Hanoi on September 16.
Dong Nai province is willing to cooperate with Ternopil city in particular and Ukraine in general, especially in supporting industry, hi-tech agriculture and industry, tourism and services.
The Far Eastern Group from Taiwan (China) is accelerating a 760 million USD project serving cloth and fibre production in southern Binh Duong province’s Bau Bang Industrial Park.
A programme to connect enterprises operating in the supporting industry from Japan, Vietnam and ASEAN countries took place in Ho Chi Minh City on March 16-17.
The southern metropolis of Ho Chi Minh City has attracted several Japanese firms into its Vietnam-Japan Technology Park, an all-in service park model designed specifically for the supporting industry.
Sci-Tech
