Vietnam boosts foreign investment attraction in country's automotive industry

At the same time, the country will prioritise investment projects in high technology, supporting industry, and digital economy innovation, especially in the automotive industry and to create favourable conditions for Vietnamese enterprises to participate in the value chain, according to Vietnam news agency .

It reported that however, compared with other countries in the region, the number of Vietnamese suppliers in the auto industry was still very small, and only a few domestic suppliers could participate in the supply chain for automobile manufacturers and assemblers in Vietnam. However, contrary to the trend of rising car consumption, enterprises operating in the auto industry, especially the auto manufacturing supporting industry, did not grow as expected, said Mai.

The deputy director noted that the opportunity to promote cooperation and investment between the two sides was huge, especially with Vietnam boosting FDI inflows into the automotive supporting industry.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Foreign investment in Thailand surges in January-July period; country attracts almost US$2bil in incomeThailand attracted 73.64 billion baht of foreign investment in the January-July period, 28.93 billion baht more compared with the same period last year.
Fonte: staronline - 🏆 4. / 75 Consulte Mais informação »

Vietnam govt confident textile and garment industry to grow further this yearVietnam’s textile and garment industry is set to earn US$45 billion in exports in 2022, compared to US$40.4 billion last year, Vice Chairman of the Vietnam Textile and Apparel Association (VITAS) Truong Van Cam said.
Fonte: staronline - 🏆 4. / 75 Consulte Mais informação »

Industry resigned to long wait for foreign workers | The Malaysian InsightEmployers demand Putrajaya speed up recruitment process, cut red tape.
Fonte: msianinsight - 🏆 8. / 63 Consulte Mais informação »