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supporting industry
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Competition from Chinese investors a concern for domestic supporting industries
Vietnamese businesses lacking economies of scale could suffer from competition from China, Dr. Phan Dang Tuat, president of the Vietnam Association for Supporting Industries, said.
Vietnam should strictly monitor zero-tax car imports from ASEAN: Thaco
Vietnam’s leading auto firm Thaco wants the government to strictly inspect zero tariff application on cars imported from ASEAN.
Vietnamese firms conspicuously absent as auto parts industry thrives
Vietnam enjoys a trade surplus in the auto parts industry, but domestic firms play no role in this success.
August 21, 2018 | 12:01 am PT
Foreign-invested auto firms make a U-turn in Vietnam
Leading auto firms are embarking upon domestic production, reversing from a planned shift to imports.
August 7, 2018 | 02:53 am PT
Imported cars will undercut Vietnam products after tariff removal: industry
The country's lack of auto parts suppliers means many components have to be imported and the added costs are passed on to consumers.
December 6, 2016 | 01:01 am PT
Vietnam to tune up support industry to drive automobile growth
Low-tech and low-added value production is putting the brakes on the industry.
November 15, 2016 | 11:00 am PT
In modern Vietnam, a high-tech economy is a future far away
Decades-old technologies are stifling Vietnam's competitiveness in the global market.
October 5, 2016 | 11:00 am PT
Vietnam's leather and footwear firms told to join forces ahead of free-trade deals
Vietnam’s leather and footwear industry is trying to move up the global value chain to seize the potential benefits of new-generation free trade agreements.
July 15, 2016 | 08:08 pm PT
Samsung hunts for local suppliers despite Vietnam's weak support industry
Having constructed two manufacturing plants in Vietnam, Samsung is still looking for local enterprises that can provide the company with quality spare parts, said Han Myoungsup, general director of the Samsung manufacturing complex.
June 22, 2016 | 12:00 am PT
Vietnam to shake up supporting industries to seize TPP opportunities
Vietnam’s manufacturing is currently determined by low-wage, low-tech and low-added value production. And the country is finding its way to move up the global value chain so that it can maximize the potential benefits from a variety of new generation free trade agreements including the pending Trans-Pacific Partnership (TPP).
June 18, 2016 | 01:44 am PT