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Promoting investment in supporting industries

On August 5, 2025, the Workshop on “Investment Promotion in the Supporting Industry” will take place in Hanoi. This is an in-depth event organized by the Trade Promotion Agency (Ministry of Industry and Trade) in coordination with the Foreign Investment Agency (Ministry of Finance), the Japan External Trade Organization (JETRO) in Hanoi and related units to promote investment attraction in key areas of Vietnam's supporting industry, enhance cooperation capacity, promote investment attraction and effectively implement investment projects between localities, industrial parks, industrial clusters and Vietnamese enterprises with FDI enterprises, and participate in the global supporting industry production value chain.

Bộ Công thươngBộ Công thương30/07/2025

The workshop “Investment promotion in supporting industry” is one of the highlights in the series of activities of 2 dual exhibitions: Vietnam - Japan Supporting Industry Exhibition (SIE 2025) and International Exhibition on Machinery and Technology of Manufacturing and Supporting Industry (VME 2025) taking place from August 6 - 8, 2025 at the ICE Exhibition Center (91 Tran Hung Dao, Hanoi ).

Vietnam has been promoting industrialization, modernization and deep participation in global value chains, in which supporting industry is identified as one of the strategic pillars to enhance the internal capacity of the economy . Currently, Vietnam has about 5,000 supporting industry enterprises, mainly operating in the fields of mechanics, electronics, textiles, and footwear. However, nearly 88% are small and medium enterprises, most of which use outdated equipment, lack quality standards, only about 10% of enterprises apply automation and less than 20% have achieved ISO certification or applied modern management models such as 5S, Lean, TQM. As a result, most domestic enterprises only participate in low-level processing stages, finding it difficult to access large-scale and high-standard orders from leading corporations.

Meanwhile, the localization rate of many key industries remains low: the automobile industry has not yet reached the target of 40% localization, the electronics industry – despite the presence of many large corporations – has a limited proportion of components produced in Vietnam. This shows a large gap in the industrial ecosystem, especially the urgent need for in-depth investment in this field to increase domestic production value.

In recent times, investment promotion in the supporting industry has mainly focused on general activities, lacking specialization, and has not created a real connection mechanism between Vietnamese enterprises and strategic investors, especially in receiving technology and global production standards.

Given the above situation, organizing the Investment Promotion Workshop in the supporting industry sector is identified as a strategic step with high feasibility in the current context. The workshop is not only a place to introduce investment potential, policy mechanisms and investment cooperation needs of localities and enterprises, but also acts as a platform to directly connect foreign investors and Vietnamese enterprises, promoting the formation of domestic supply chains, gradually improving national industrial capacity and increasing the localization rate.

In addition, the workshop also provided a comprehensive picture of investment flows into the supporting industry sector in Vietnam, especially from strategic partners such as Japan, through presentations by JETRO and representatives of FDI enterprises operating in the country. The program will deeply analyze the dynamics of supply chain shifts in the Asia- Pacific region, and the criteria for selecting suppliers of components and spare parts of global corporations in key industries such as automobiles, electronics, precision mechanics, and semiconductors.

The workshop will also clarify the technical requirements, management standards, and production capacity that Vietnamese enterprises need to meet to participate in the global supply network. Presentations will point out the current limitations of domestic enterprises (capital, technology, management, etc.) as well as specific recommendations on investment directions to upgrade production capacity, product quality, and the ability to access international partners.

Another important content is to introduce the potential, preferential policies and investment attraction orientation from localities, industrial parks and industrial clusters of the locality, information on supporting industrial production infrastructure (such as Deep C Industrial Park, Amber Yen Quang Industrial Park, ...) to help investors have a visual view, compare, and evaluate cooperation opportunities. This is the basis for forming a long-term connection relationship between foreign investors and localities that are actively seeking high-quality capital sources.


Source: Department of Trade Promotion

Source: https://moit.gov.vn/tin-tuc/xuc-tien-thuong-mai/xuc-tien-dau-tu-trong-linh-vuc-cong-nghiep-ho-tro.html


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