Vietnam needs to promulgate a sound investment policy for support industries with priority given to human resources training, EuroCham’s Executive Director Matthias Duhn has said.
Matthias Duhn delivered the statement at a workshop on support industries for production and export goods in Ho Chi Minh City on Dec. 10. The event was jointly held by the Trade Promotion Department under the Ministry of Industry and Trade (MoIT), the HCM City Business Association and the European Chamber of Commerce (EuroCham).
Vietnam ’s support industries still depend much on export goods and low-cost labour, Matthias Duhn said.
Tran Hung, Deputy Director of the MoIT’s Department of Light Industry, underlined the prerequisite role of support industries to Vietnam ’s development.
These industries have offered many jobs, helped to improve labour, reduce dependence on exports, and promote the development of other accompanying services while increasing the competitiveness of industrial products, Hung said.
Therefore, developing support industries is one of the government’s priority policies and is expected to change Vietnamese industry in the next years.
Prof. Phan Dang Tuat, Director of the MoIT’s Institute for Industry Policy and Strategy, put stress on the importance of state policies to the development of support industries.
He pointed out a number of methods to develop the industries such as raising public awareness, setting up a leading agency to map out policies and plans for the industries and identifying priority support industries to develop in each certanin period./.
Matthias Duhn delivered the statement at a workshop on support industries for production and export goods in Ho Chi Minh City on Dec. 10. The event was jointly held by the Trade Promotion Department under the Ministry of Industry and Trade (MoIT), the HCM City Business Association and the European Chamber of Commerce (EuroCham).
Vietnam ’s support industries still depend much on export goods and low-cost labour, Matthias Duhn said.
Tran Hung, Deputy Director of the MoIT’s Department of Light Industry, underlined the prerequisite role of support industries to Vietnam ’s development.
These industries have offered many jobs, helped to improve labour, reduce dependence on exports, and promote the development of other accompanying services while increasing the competitiveness of industrial products, Hung said.
Therefore, developing support industries is one of the government’s priority policies and is expected to change Vietnamese industry in the next years.
Prof. Phan Dang Tuat, Director of the MoIT’s Institute for Industry Policy and Strategy, put stress on the importance of state policies to the development of support industries.
He pointed out a number of methods to develop the industries such as raising public awareness, setting up a leading agency to map out policies and plans for the industries and identifying priority support industries to develop in each certanin period./.
