The Hanoi People's Committee has issued a plan for development of supporting industries in the capital city in 2021, affirming the importance of supporting industries in providing components, spare parts and materials for the processing and manufacturing sector.
Hanoi (VNA) - The Hanoi People's Committee has issued a plan fordevelopment of supporting industries in the capital city in 2021, affirming theimportance of supporting industries in providing components, spare parts andmaterials for the processing and manufacturing sector.
The city has identified the need to improve the capacity ofsupporting industry enterprises, focusing on producing spare parts andcomponents to serve high-tech and supporting industries for the textile -footwear sector; attracting more investment from all economic sectors; andpromoting industrial production in accordance with the global value chain andsupply linkages in the key northern economic region.
Hanoi has set a target of having about 900 enterprisesoperating in supporting industries in 2021, of which around 300 enterprises haveproduction systems and products meeting international standards and beingcapable of participating in the global production network. The industrial productionvalue of supporting industries accounts for about 16 percent of the total valueof the processing and manufacturing sector.
Accordingly, it focuses on helping supporting industryenterprises become product suppliers for domestic and foreign customers,promoting foreign investment attraction in supporting industries, applying a managementsystem that meets requirements of global production chains in corporategovernance and production management, and researching and developingtechnologies in making , components, spare parts, raw materials and materials.
The municipal Department of Industry and Trade has alsoimplemented a programme to connect and support businesses, with an estimated 700participating businesses. The programme targets 100 enterprises becoming directsuppliers for finished product manufacturers and assemblers, about 500businesses receiving governance consultations and training, and about 300enterprises receiving support in human resource training, and new technologyresearch, development and application./.
Twenty-one Vietnamese enterprises in supporting industries and 48 Japanese businesses took part in an online conference on June 10, where they exchanged information and sought partners.
The COVID-19 pandemic is highlighting the urgent need for promoting the development of part-supply industries to enable enterprises to be more resilient to shocks or disruptions to global supply chains.
The northern province of Vinh Phuc is adopting a number of mechanisms and policies to attract investment in the development of supporting industries, considering it as an important step to build a sustainable industry.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Illustrative photo (Source: VNA) 
