Việt Nam News

Supporting industries have received State investment and development incentives. However, most Vietnamese support enterprises are still limited in their organisation, management, and use of technology. Deputy Minister of Industry and Trade Đỗ Thắng Hải spoke to the Vietnam News Agency about these issues.

The COVID-19 pandemic was highlighting the urgent need for promoting the development of the part-supply industries which would enable enterprises to more resilient against any global shocks or disruptions of supply chains.

With production and supply chain disruptions caused by the COVID-19 pandemic, producers and consumers have to find ways to adapt. 

The US Department of Commerce (DOC) has issued a positive conclusion for Việt Nam in the anti-dumping and countervailing duty probes into imported automobile tyres.

HCM City has set itself a target of meeting 65 per cent of its demand for supporting industry products by 2025 by honouring and supporting business that invest in supporting industries.

Việt Nam’s capacity of processing and manufacturing industry remains limited and heavily relies on foreign supply chains for imported components and accessories thus leading to difficulties for local businesses, particularly in the context of COVID-19 pandemic.