Vietnam fails to cash in on components for big foreign manufacturers

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Báo Thanh Niên English 24 hour(s) ago

Vietnam fails to cash in on components for big foreign manufacturers

Weak technology and limited financial capacity have hindered local enterprises from participating in the production chain of big foreign investors like Samsung, Toyota or Intel, leaving the manufacturing of components to foreign suppliers.

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Koreans drive industrialisation

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Báo Đầu Tư English 1 day(s) ago 1 related news

Koreans drive industrialisation

Increasing investment from South Korean companies in the areas of energy, electronics and manufacturing are helping facilitate Vietnam’s industrialisation journey.

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Germany optimistic about VN economic ties

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VietNam News English 1 day(s) ago

Germany optimistic about VN economic ties

Viet Nam News speaks with Marko Walde, the chief representative of AHK Viet Nam / German Industry and Commerce Viet Nam, about investment flows from Germany into Viet Nam and trade between the two nations.

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BUSINESS IN BRIEF 28/9

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VietnamNet English 2 day(s) ago 1 related news

Vietnam, Japan unveil plan to develop four key industries

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Japanese businesses threaten to leave because of VN’s weak support industry

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VietnamNet English 3 day(s) ago

Japanese businesses threaten to leave because of VN’s weak support industry

VietNamNet Bridge – Some Japanese businesses are considering leaving Vietnam for Thailand once the tariffs among ASEAN countries is cut to zero percent within the framework of the ASEAN Free Trade Agreement (AFTA), said Sakurada Yoichi, a high- ranking researcher at the Japanese Mitsubishi Institute.

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Farmers need better machines: official

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VietnamPlus English 6 day(s) ago

Head of Research Department for Rural Development under the Central Institute of Economic Management (CIEM) Luu Duc Khai spoke with Nong thon ngay nay (Countryside Today) newspaper about the support industry for building agricultural machines.

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Vietnam needs more policies to beef up supporting industries: Japan organization

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Báo Tuổi Trẻ English 1 week(s) ago

Vietnam needs more policies to beef up supporting industries: Japan organization

Vietnam should design its own policies to promote supporting industries which cannot develop if the country only relies on foreign firms for technology transfer, the chief of the Ho Chi Minh City chapter of the Japan External Trade Organization (JETRO) said on the sidelines of a recent conference.

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Vietnam suffers support industry shortcomings

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Báo Đầu Tư English 1 week(s) ago

Vietnam suffers support industry shortcomings

While many global corporations are trying to look for local suppliers in Vietnam to reduce manufacturing costs, Vietnamese companies are unlikely to be able to join international supply chain.

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Vietnamese companies want to make parts and accessories for Samsung

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VietnamNet English 2 week(s) ago

Vietnamese companies want to make parts and accessories for Samsung

VietNamNet Bridge – Hundreds of Vietnamese enterprises are anxious to organize production and make parts and accessories to provide to Samsung, now that the South Korean giant has stepped up its business in the country.

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Viet Nam urged to encourage growth of support industries

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VietNam News English 2 week(s) ago

Viet Nam urged to encourage growth of support industries

Viet Nam's support industries remain underdeveloped in spite of Government directives, with only 27.8 per cent of industrial spare parts and accessories coming from domestic enterprises.

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Foreign experts urge steps for auto sector

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VietnamNet English 2 week(s) ago

Foreign experts urge steps for auto sector

The Government’s already-approved development strategy for the auto industry could help Vietnam meet domestic demand and join the world’s production chain but specific policies must be in place to help the nation realize preset goals, according to foreign experts.

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ASEAN regional integration and priorities for labour

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VOV News English 2 week(s) ago

ASEAN regional integration and priorities for labour

(VOV) - Whether Vietnamese labourers can rise to the occasion and seize the opportunities presented by ASEAN regional integration and the complimentary process of globalization, is highly dependent upon their foresight and preparedness.

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High taxes hinder growth of Vietnam's auto industry

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Báo Thanh Niên English 3 week(s) ago

High taxes hinder growth of Vietnam's auto industry

Vietnam's car and part manufacturers say the newly-approved automobile development strategy won't succeed unless the government offers more tax and credit incentives to local car producers which are struggling amid fierce competition from imported products.

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Hoa Binh calls for foreign capital

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Báo Đầu Tư English 3 week(s) ago

Hoa Binh calls for foreign capital

Improving investment environment to exert a pull to foreign investors is seen as a key task of the northern province of Hoa Binh. Director of the provincial Department of Planning and Investment Bui Quang Hai spoke with the Vietnam Business Forum about the realities and prospects of investment attraction in Hoa Binh.

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Vietnam hurries to prepare support industries to satisfy big technology groups

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VietnamNet English 3 week(s) ago 1 related news

VietNamNet Bridge – The Ministry of Industry and Trade (MOIT) has submitted to the government a draft decree suggesting new approaches to develop support industries.

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