Resolution No. 68 and Quang Nam's opportunity to develop supporting industries

The pilot project on the mechanism to encourage cooperation and linkage in production clusters, supporting industries and mechanical industries in Chu Lai Open Economic Zone has more opportunities to be realized from Resolution No. 68 of the Politburo on private economic development issued on May 4, 2025.

Semi-trailers are one of THACO 's mechanical products that are currently a strong export product from Chu Lai to the US. Photo: TRINH DUNG

Slow project implementation

"Piloting the mechanism to encourage cooperation in production clusters, mechanical industry and supporting industry in Chu Lai" is one of 11 mechanisms and projects submitted by Quang Nam that was approved by Prime Minister Pham Minh Chinh according to Notice No. 135 dated May 6, 2022.

“The leading crane in Quang Nam” THACO has enough potential to lead and connect small and medium enterprises, forming an ecosystem of mechanical production and supporting industry, and has taken on the responsibility.

In a short time, Quang Nam completed the outline and submitted it to the Prime Minister for approval (November 2022). Many meetings between central and local ministries and branches were held, however, Quang Nam's dossier was "transferred" back and forth between the Ministry of Industry and Trade and the Ministry of Planning and Investment, neither ministry was responsible for approving the outline of the project because it did not have enough authority. The project was withdrawn from the Government's 2023 Work Program.

In Chu Lai, a multi-purpose mechanical and supporting industrial center has been formed. Photo: TRINH DUNG

The Prime Minister decided to assign the Ministry of Planning and Investment to preside over and coordinate with the People's Committee of Quang Nam province and relevant ministries and branches to review the content of the proposed policy mechanism to be included in the project to ensure feasibility, and at the same time clarify the output of the project and the competent authority for decision; on that basis, register the Work Program of the Government and the Prime Minister. However, the Ministry of Planning and Investment still has no document to preside over the development of the project.

Not giving up, after the meeting on September 18, 2024 chaired by the Standing Vice Chairman of the Provincial People's Committee Phan Thai Binh, Quang Nam proposed to the Prime Minister to assign the Ministry of Industry and Trade to preside over the project development, with the Quang Nam Provincial People's Committee and THACO Group coordinating.

The Prime Minister will approve the project in 2025. The pilot implementation period is from 2026 to 2028. The project implementation space is Chu Lai Open Economic Zone and supporting industry and mechanical industry enterprises operating in Quang Nam.

According to the report dated April 2, 2025 of the People's Committee of Quang Nam province on the progress of implementing the Prime Minister's conclusion (Notice No. 40 dated February 12, 2025 and Notice No. 135 dated May 6, 2022 of the Government Office), the People's Committee of Quang Nam province has brought this content to work with the Prime Minister (in Report No. 193 dated September 19, 2024). However, to date, there has been no directive document from the Prime Minister on assigning the Ministry of Industry and Trade to preside over the project development.

Opportunities will open

Quang Nam Provincial People's Committee stated that this is a local initiative, and the meetings have pointed out that the support and incentive mechanisms for the development of supporting industries have been issued quite fully. However, the implementation and benefit of this policy by businesses are still very limited.

Supporting industry is a strength in Chu Lai Open Economic Zone. Photo: TRINH DUNG

The establishment of a cluster of supporting mechanical engineering and mechanical industry with specific mechanisms and policies to promote formation and promote efficiency at the national level, achieving the set goals is very new content, involving many ministries and branches and is unprecedented, and must be piloted.

Therefore, the central ministries and branches are still hesitant in the pilot development of mechanisms and policies to form the Project "Piloting mechanisms to encourage cooperation and production linkage in clusters of supporting industries and mechanical industries in Chu Lai Open Economic Zone", not knowing how to support and handle it.

According to Mr. Nguyen Thanh Quang - Deputy Director of the Department of Industry and Trade, Quang Nam has now requested the Government to assign the Ministry of Industry and Trade to preside. However, the conclusion of the working session with Quang Nam did not mention the content of this proposal.

Thought to have cooled down, this pilot linkage project was "lit up" by Resolution 68 of the Politburo on private economic development on May 4, 2025.

Mr. Nguyen Thanh Quang confirmed that there is hope to resume the project from this important resolution. Resolution 68 confirms that the private economy is the most important driving force of the national economy, the pioneering force promoting growth, creating jobs, improving labor productivity, and national competitiveness.

Developing a fast, sustainable, effective, high-quality private economy is both a central, urgent task and a long-term strategic task that needs to be specified in the country's development policies and strategies.

One of the important issues raised is to build business linkage chains according to industry clusters, value chains, and supply chains. Encourage large enterprises to lead domestic supply chains, connecting with small and medium enterprises and business households. Support the development of linkage clusters, especially supporting industries for processing and manufacturing, agricultural products, food, etc.

This resolution will be an opportunity for a capable enterprise like THACO to lead, connect, and cooperate with other enterprises to establish a new model in mechanical production and business and supporting industry.

THACO with many mechanical manufacturing factories will become the leading enterprise to pilot production cooperation in this field. Photo: TRINH DUNG

Mr. Do Minh Tam - General Director of THACO Industries said that the group provides industrial solutions along the value chain from product research and development - processing and manufacturing - installation - transfer of operation and maintenance, through the following forms: self-production and cooperation/joint venture with domestic and foreign partners; ready to associate and cooperate with other enterprises to establish a new model in mechanical production and business and supporting industry.

According to economic experts, supporting industries have been set by the Government for many years, but lack a synchronous policy system and leading enterprises to implement ideas and lead the market.

In Chu Lai Open Economic Zone, a business cluster of THACO Industries has appeared with more than 20 subsidiaries producing and supplying supporting industrial products for the automobile industry and other manufacturing industries.

A professional center for supporting industry and mechanical industry in Chu Lai will bring immediate benefits to more than 2,000 manufacturing, processing, and mechanical repair facilities, agricultural and construction machinery... The lack of capital, technology, weak linkages, and lack of key products gradually capable of participating in the global value chain... will only be a matter of time.

Source: https://baoquangnam.vn/nghi-quyet-so-68-va-co-hoi-quang-nam-phat-trien-cong-nghiep-ho-tro-3154302.html