In spite of strong growth over the last decade, Viet Nam’s industrial sector must start investing in R&D, finding ways to improve manufacturing efficiency and transforming into one capable of producing high-value-added products.
After focusing on exporting large volumes of unprocessed goods for a long time, more and more Vietnamese companies are now turning to export of processed and value-added products and improving their quality to penetrate global markets.
Authorities should pay attention to cultivating macadamia effectively
and building a trademark for the nut as the tree could bring high
economic benefits, an official said.
Nguyen Mai, president of the Viet Nam Association of Foreign Invested
Enterprises (VAFIE), talked to reporters about the development needs of
domestic support industries.
