Toyota Motor Vietnam and the Ministry of Industry and Trade’s Industry Agency have signed a MoU on their cooperation project to improve the capacity of domestic enterprises operating in supporting industries.
The Ministry of Planning and Investment (MPI) said it has advised the Government to implement a number of policies to support Viet Nam''s industrial sector, especially the support industry.
Some Vietnamese support enterprises in fields of molds manufacturing, standard mechanical components, plastic components and technical rubber are suitable for production needs of many Japanese firms.
Viet Nam''s the support industry are difficult to attract foreign investment from the wave of moving production to other countries outside of China after the COVID-19.
The Ministry of Finance and the Ministry of Industry and Trade have failed to find common ground with regards to tax policies for Viet Nam’s support industry enterprises.
Samsung Viet Nam, in co-ordination with the Ministry of Industry and Trade (MoIT), completed two consecutive training courses out of eight total courses within the support industry training programme for Vietnamese consultants.
HCM City''s preferential policies for the support industry in recent years has helped companies expand and secure contracts as suppliers with foreign-invested companies.
The Ministry of Industry and Trade (MoIT) has proposed a VNĐ100 trillion (US$4.31 billion) preferential credit package for the development of the country’s support industry.
Samsung on Monday officially launched its first course in South Korea for Vietnamese support industry experts in collaboration with the Ministry of Industry and Trade.
The support industry, along with the labour, tourism and agriculture sectors, should become the spearheads in the co-operation between Japan and Viet Nam.