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.
Developing the support industry has been one of the most important tasks to restructure the economy in depth, thus improving Viet Nam’s competitiveness and integration ability.
The domestic auto industry will need several supporting measures including technical barriers to “ differences” between locally-made and imported cars, officials and industry insiders agree.
A delegation of Japanese businesses that specialise in manufacturing
aircraft spare parts and devices visited Viet Nam to seek opportunities
in the aviation industry.
Although the support industry was among prioritised sectors for Viet
Nam, enterprises were struggling to find ways for further development,
it was announced at a conference on Thursday.
Sufficient support industries would help attract more foreign direct
investment, form industrial products with a high value-added factor, and
bridge the gap between domestic enterprises and the global supply
chain.