Từ khóa: #Supporting Industries

Vietnam seeks foreign investment in medical devices production

Vietnam seeks foreign investment in medical devices production

The Vietnamese medical devices market, which is growing annually at more than 18 percent, relies heavily on imports, representing significant opportunities for foreign businesses, according to the Ho Chi Minh City Medical Equipment Association.
Production at Minh Man Printing Company is still stable despite the Covid-19 pandemic. (Photo: SGGP)

Domestic enterprises remain struggling

More than 90 percent of domestic enterprises are small and medium-sized. The advantage of this business model is that it quickly responds to market fluctuations. However, in the opposite direction, due to small scale and weak internal resources, it is also vulnerable when the market experiences shock.
Pharmaceutical production is in dire need for medicinal supporting industry. (Photo: SGGP)

Supporting industry makes effort to gain autonomy

The supporting industry has a significant meaning to economic restructuring towards industrialization and modernization. However, with the existing contradictions, if there are no drastic policies and actions, the story of building an autonomous supporting industry will remain far-fetched.
The chicken processing factory for export of Thai CP Group invested in Becamex Binh Phuoc Industrial Park inaugurates in December, 2020. (Photo: SGGP)

FDI motivation in Southeast region of Vietnam

The Southeast is the key economic region in the South, attracting the most foreign investment (FDI) in the country. Along with efforts to improve the investment environment, Southeastern provinces have been expanding and adding more industrial zones to the planning to attract huge FDI projects and wait for the new investment wave shifting from other Asian countries to Vietnam.
Customers go shopping at Emart supermarket in Go Vap District. (Photo: SGGP)

HCMC’s total retail sales of goods rise 11.9 percent in 2020

The Department of Industry and Trade of Ho Chi Minh City, on January 13, held a conference to summarize its activities in 2020, deploy the plan for 2021, and honor the typical industrial and supporting industry products in HCMC in 2020.
Textile production at Phong Phu Corporation. (Photo: SGGP)

Enterprises ready to take advantage of EVTFA

After the EU-Vietnam Free Trade Agreement (EVFTA) has become effective for three weeks, many enterprises have actively switched the source of imported raw materials to ensure the rules of origin to make the most of preferential tax rates.
Dong Nai attracts investments in supporting industries

Dong Nai attracts investments in supporting industries

The Government has just promulgated regulations on selective foreign direct investment attraction for nearly three years, but Dong Nai Province has been ahead of the whole country in carrying out this policy for more than ten years. Therefore, the province’s FDI capital invested in the supporting industries is among the highest across the country and is considered as the capital of the supporting industries by many enterprises.
   Producing high quality plastic to provide supporting products for local and foreign firms. (Photo: SGGP)

Vietnam short of supporting enterprises

Although participating in global value chain will help businesses increase their values, approach global market and get high profits, only 20 percent of Vietnamese enterprises are able to join in the global value chain.