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HCM City seeks to boost support industries

The investment in the industrial sector and support industries in Ho Chi Minh City needs consultancy from the social community, heard an international workshop on December 24.
HCM City seeks to boost support industries ảnh 1At the workshop (Photo: moitruongvadothi.vn)
HCM City (VNA) – The investment in theindustrial sector and support industries in Ho Chi Minh City needs consultancyfrom the social community, heard an international workshop on December 24.

Vo Van Hoan, Vice Chairman of the municipal People’sCommittee, said HCM City’s industrial production value accounts for about 32.3percent of the number recorded in the southern key economic region, and 16percent of the country’s total.

The city has rolled out multiple solutions to support industrialfirms in terms of land, capital, science-technology, personnel training, tradepromotion and brand building.

Through investment promotion programmes, HCM City hasmobilised diverse resources to serve the development of the sector, he added.

Experts pointed out that potential for theindustrial sector and support industries in the locality has yet to be fullytapped, saying support industries have not intensively joined the globalvalue chain yet.

Hirai Shinji, Chief Representative of the Japan TradePromotion Organisation (JETRO) in HCM City, said through HCM City, Japanesefirms want to expand operations in other Vietnamese localities.

Both Shinji and Byun Ki Jung, Director of KITECHVietnam Office, raised proposals regarding support policies towards industrial enterprises.

According to Tran Ba Duong, Chairman of the Truong HaiAuto Corporation (THACO), HCM City should identify major sectors that needsupport industries to allocate the assistance.

The municipal Department of Industry and Trade saidthe city plans to build a high-tech support industry park to create momentumfor the local economic development./.
VNA

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