Data from the General Statistics Office of Việt Nam showed that the number of supporting industry enterprises nationwide currently stands at about 5,000.
Cooperation crucial to build competent auto industry 09:30 | 30/04/2021
As Vietnam makes strides to become a developed country by 2045, the number of personal vehicles is constantly rising. To develop the local automobile industry, a strong network of localised supporting manufacturers is required. Yet, domestic supporting industries are still weak, leaving the Vietnamese automobile industry at the bottom of the global supply chains.
Local automobile businesses are dependent on major foreign car manufacturers and their core technologies, a sticking point for true progress, photo Le Toan
Vietnam has received praise for its control of the pandemic, which has also contributed to its prestige among South Korean businesses. âVietnamâs auto parts sector has reached an export scale of $5 billion and an import volume of $4 billion, thus attracting many South Korean businesses during the past three years,â said Lee Jong Seob, president of th
Korean firms look to invest in auto parts industry in Vietnam 14:29 | 16/04/2021
Many businesses from the Republic of Korea (RoK) are looking to connect and get more information about the Vietnamese market as well as investment policies of the country, especially in auto parts, mechanics, and electronics, said Vu Ba Phu, Director of the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT).
Participants at the seminar (Photo: VNA)
Hanoi - Many businesses from the Republic of Korea (RoK) are looking to connect and get more information about the Vietnamese market as well as investment policies of the country, especially in auto parts, mechanics, and electronics, said Vu Ba Phu, Director of the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT).