Proposal to establish a financial fund exclusively for supporting industry enterprises

Proposal to establish a financial fund exclusively for supporting industry enterprises

VCN - The current situation shows that enterprises in the supporting industry still face many difficulties when most of them are small and medium-sized enterprises, so it is more difficult to recover after being affected by the pandemic.
Supporting industry businesses, foreign buyers meet at sourcing fair

Supporting industry businesses, foreign buyers meet at sourcing fair

Local supporting industry companies should promote themselves and their products to foreign-owned manufacturing companies in Việt Nam seeking to source components within the country, speakers said a sourcing fair in HCM City.
Ministry of Industry and Trade works with Samsung and Toyota to produce domestic components and accessories

Ministry of Industry and Trade works with Samsung and Toyota to produce domestic components and accessories

The Ministry of Industry and Trade determined that, in 2022, they would closely coordinate with a number of multinational FDI enterprises such as Samsung and Toyota
Helping supporting industry enterprises regain momentum

Helping supporting industry enterprises regain momentum

Firms in the supporting industry are gradually regaining their growth when they anticipate opportunities from strengthening cooperation and Free Trade Agreements (FTAs).
Policy revision hoped to help supporting industry thrive after COVID-19

Policy revision hoped to help supporting industry thrive after COVID-19

Boosting the development of the supporting industry is considered an important solution to help improve the quality and competitiveness of the Vietnamese economy and better serve the processing-manufacturing sector.
Efforts made to boost supporting industry"s growth

Efforts made to boost supporting industry"s growth

Following directions of the Government, the Ministry of Industry and Trade has coordinated with relevant ministries, sectors and agencies to implement measures to improve the competitiveness of businesses operating in supporting industry, thus promoting the growth of the sector.
Tax sector promotes preferential tariff for projects manufacturing products for supporting industry

Tax sector promotes preferential tariff for projects manufacturing products for supporting industry

General Department of Taxation recently issued an official dispatch on the implementation of Decree No.57 relating to corporate tax incentives for projects manufacturing products for the supporting industry
Vietnam AutoExpo 2021 to take place in August

Vietnam AutoExpo 2021 to take place in August

The 17th International Exhibition on Automobile, Transportation and Supporting Industry (Vietnam AutoExpo 2021) will take place at the Vietnam National Convention Centre in Hanoi from August 19 to 22, gathering leading brands of commercial and specialised
Supporting industry firms welcome fresh investment wave

Supporting industry firms welcome fresh investment wave

To make use of the global shifting of foreign investment, local firms in the supporting industry have been advised to enhance their capacity to join global supply chains, according to insiders.
Supporting industry development: downstream industry is the key

Supporting industry development: downstream industry is the key

VCN - During a long time of development, Vietnam's supporting industry (SI) has been associated with the image of a weak team of businesses at the request of multinational corporations.
Difficulties continue to “lay siege” to industrial production

Difficulties continue to “lay siege” to industrial production

The industrial production index is estimated to have increased 2.6% over the same period last year, much lower than the rate of 9.4% during the same period in 2019
Dossiers and procedures for applying tariff rate of 0% under programme of preferential tariffs for automobile supporting industry

Dossiers and procedures for applying tariff rate of 0% under programme of preferential tariffs for automobile supporting industry

The General Department of Vietnam Customs gave instruction on the implementation of dossiers and procedures for applying tariff rates of 0% as prescribed in Decree 57/2020/ND-CP
Fresh impetus for supporting industry to amplify future development

Fresh impetus for supporting industry to amplify future development

The business community anticipates that the government will provide greater assistance to the supporting industry through the creation of more effective policies to boost trade promotion activities.
Supporting industry: Rushing to fill the gap in order not to "miss the train"

Supporting industry: Rushing to fill the gap in order not to "miss the train"

VCN- About the development of supporting industry in Vietnam, policy constraint is one of the most prominent factors. In fact, although there are legal documents to develop the supporting industry, policies are issued very slowly.
Conference discusses solutions to promote supporting industry

Conference discusses solutions to promote supporting industry

Nearly 300 delegates from relevant ministries, agencies, associations and businesses gathered together at a conference in Hanoi on December 19 to discuss solutions on how to promote supporting industries in Vietnam. The conference was chaired by Prime Min
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