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Expectations for the development of supporting industries in Ho Chi Minh City. Ho Chi Minh

24/03/2022

According to statistics, over the years, the value of industrial production in Ho Chi Minh City accounts for about 32.3% of industrial output in the Southern Key Economic Region and contributes about 16% of the national scale. However, the supporting industry has not fully exploited its potential, has not deeply participated in the global value chain, the linkage between enterprises is not high, the allocation of land funds is not appropriate…

With the support of the Government and Ho Chi Minh City, a supporting industry division is strongly transforming, applying high technology to production to increase product value, increase competitiveness and deepen the supply chain of international corporations. However, on the general scale, the supporting industry of There are many technological limitations, lack of high-tech industrial development zones with appropriate technical infrastructure to create a more favourable environment for enterprises to develop.

To support industrial enterprises – industry supporting development, Ho Chi Minh City has implemented many support solutions such as: promulgating the list of key industrial product groups and potential industrial product groups of the city and groups of solutions to support enterprises’ development (in terms of ground, capital, science and technology, human resource training, trade promotion and brand development); in particular, through investment stimulus programs, the City has mobilized social resources (capital, human resources, land, technical – technology) for investment in the development of supporting industries.

Leaders of Ho Chi Minh City said that it has prepared a land fund of more than 300 ha to develop, form and put into operation the “Industrial Park to support the application of high technology” in the coming time; and at the same time develop suitable supporting industrial clusters in Hiep Phuoc Industrial Park. If such an industrial park is formed and high-tech enterprises are gathered into it, it will create a community of industrial enterprises supporting the application of high-tech technology, serving as a basis for developing a strong supporting industry.

Along with that, the City will also have policies to help enterprises prioritize technological change to become a leading enterprise in the field of industrial production supporting and producing high-tech applications; researching more mechanisms and policies on land, tax, customs, procedures, stimulus… to be able to support enterprises with large loans to invest in machinery and equipment for design, production of high-tech products, creating internal resources for enterprises to transform technology and expand the scale of production, contributing to forming a network of industrial producers supporting Vietnam to be competitive, gradually participating in the global supply chain, worthy of the central economic role of the city. HCM.

As can be seen, the industry supports Ho Chi Minh City has not met the demand for domestic production. Therefore, the creation of the high-tech supporting industrial park is expected to create a breakthrough for the industry to develop in the coming time.

Source: Tap chi co khi

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    MTA Vietnam 2022 Is Ready To Welcome The Return Of Our Exhibitors
[Vietnamese below]
With the latest news of ZERO QUARANTINE for international travelers entering Vietnam, MTA Vietnam 2022 is ready to welcome all of the international exhibiting companies to this years exhibition at SECC, District 7, Ho Chi Minh City, Vietnam from 06-09/07/2022. MTA Vietnam is the leading prestigious exhibition of the engineering and manufacturing industry in Vietnam with a lot of experiences from organization to marketing promotion, promising in this return, MTA Vietnam will bring up many surprises to the community in and out of the country. Contact us to BOOK YOUR STAND NOW!
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