Vietnam’s central government website reported on August 10 that the government recently issued Resolution No. 225/NQ-CP on promoting the development of supporting industries. The resolution proposed that by 2030, supporting industrial products will meet 70% of domestic production and consumption demand; approximately 14% of industrial output value; within Vietnam, approximately 2,000 enterprises are able to directly supply products to assemblers and multinational companies.
Specific goals in the spare parts field: the development of metal spare parts, plastic and rubber spare parts, and electrical and electronic spare parts must be achieved before the end of 2025 to meet Vietnam’s The goal is to meet the goal of 45% of the spare parts demand in the domestic industrial sector; by 2030, meet 65% of the domestic demand, and increase the promotion of product production in various fields that serve the high-tech industry.
Supporting industries for textile, clothing and leather footwear: Develop the production of raw and auxiliary materials for textile, clothing and leather footwear, and by 2025, achieve the export of high value-added products and services , the domestic supply of raw and auxiliary materials for the textile industry accounts for 65%, and the supply of leather footwear accounts for 75-80%.
High-tech supporting industries: develop production materials, professional supporting equipment, software and services that serve high-tech industries; develop and provide professional auxiliary equipment to support high-tech industrial technologies Transferred enterprise system. Establish machinery maintenance and repair enterprises that meet international standards and serve as a prerequisite for the development of equipment and software production enterprises serving this field. Form a research and development and production system for new materials, especially electronic materials.
To achieve the above goals, the Vietnamese government has proposed seven measures to promote the development of supporting industries.
1. Improve mechanisms and policies: formulate, improve and effectively implement, and simultaneously implement supporting industries and other priority development of processing and manufacturing industries (according to Vietnam’s “Investment Law”) Provide special policies and mechanisms to provide preferential treatment and support) to ensure the creation of favorable conditions for the development of supporting industries. At the same time, we formulate and implement effective policies to develop the raw material industry and expand the manufacturing and assembly processing industry market for complete products, laying the foundation for modernization and sustainable industrialization. .
2. Ensure and effectively mobilize resources to develop supporting industries: deploy, ensure and mobilize effective resources, and implement investment policies for developing supporting industries and priority development of the processing manufacturing industry. On the basis of complying with the law and complying with local economic development conditions, enhance the role of local governments and encourage local investment resources to implement processing and manufacturing policies, programs and activities that support supporting industries and prioritize development.
3. Financial and credit solutions: Continue to implement preferential interest rate policies to support short-term credit loans for enterprises in supporting industries, priority development of processing and manufacturing and other fields; the government The central budget, local finance, ODA aid and foreign preferential loans will be used to provide interest rate subsidies for medium and long-term loans used by enterprises for production projects in the catalog of priority development supporting industrial products.
4. Develop domestic value chains: Create, form and develop domestic value chains by attracting effective investments and promoting connections between Vietnamese enterprises, multinational enterprises, and domestic production and assembly enterprises. opportunities; establish centralized supporting industrial parks and create industrial clusters. Develop the raw material industry to increase the autonomy of producing raw materials, reduce dependence on imported raw materials, improve the added value of domestic products, product competitiveness and the position of Vietnamese enterprises in the global value chain.
At the same time, promote the development of complete product production and assembly industries, and focus on supporting Vietnamese enterprises in priority industrial manufacturing industries to become regional groups, form a radiation effect, and lead Auxiliary industrial enterprises are developed in accordance with the spirit of the Politburo Resolution No. 23-NQ/TW on the direction of national industrial development policy from 2030 to 2045.
5. Develop and protect the market: Promote the development of domestic and foreign markets to promote the development of supporting industries and priority processing and manufacturing industries. Specifically, on the principle of ensuring economic benefits, by prioritizing the development of processing and manufacturing solutions to ensure the scale of the domestic market; formulating and implementing an appropriate system of industrial regulations and technical standards to protect domestic production and consumers; in accordance with international Conventions and practices, strengthen quality inspection of imported industrial products, and use technical barriers to reasonably protect the domestic market. At the same time, we will seek and expand overseas markets on the basis of making full use of signed free trade agreements; take measures to support supporting industries and priority development of processing and manufacturing industries, and effectively participate in free trade agreements; actively remove obstacles and combat monopoly and unfair competition. behavior; developing modern business and trade models.
6. Improve the competitiveness of supporting industrial enterprises: Based on development needs and goals and existing resources, use central and local medium-term investment capital to build and effectively operate areas and local industrial development support technology centers to support innovation, R&D and technology transfer of supporting industries and priority development of processing and manufacturing enterprises, improve productivity, product quality and competitiveness, and create opportunities for in-depth participation in global production chains. Form mechanisms and policies to support and prioritize finance, infrastructure and material facilities, and improve the ability of regional technological and industrial development support technology centers to support regional industrial development. Technical centers supporting industrial development in each region should play a role in connecting with local centers in order to form technical and industrial production centers.�’s common ecosystem.
In addition, it is necessary to improve the scientific and technological capabilities of supporting industries and priority development processing and manufacturing enterprises, and make breakthroughs in industrial foundation, technology transfer and technology absorption; strengthen research and development and domestic and foreign cooperation in the fields of scientific and technological application, purchase and transfer of technological products; promoting the commercialization of scientific and technological research products; strengthening public-private cooperation mechanisms in the implementation of technological innovation, research and development projects.
At the same time, through national skills improvement plans and programs, promote the connection between training institutions and enterprises, education and human resources markets, develop management systems and ensure the quality of vocational education, Implement a modern, streamlined professional management model, adopt international standards and the application of information technology, promote international cooperation in training and human resources development, develop assessment systems and issue national vocational skills certificates, especially for important work skills in supporting industries.
7. Information and communication, statistical database: Establish and improve the database of supporting industries and priority development of processing and manufacturing industries to promote connections between Vietnamese suppliers and multinational companies; improve The effectiveness and efficiency of national management and the formulation of policies for supporting industries; improving the quality of statistics to ensure that information is timely, complete and accurate. Promote extensive and in-depth publicity to support supporting industries and priority development of processing and manufacturing industries, so as to arouse the interest of leading cadres at all levels, fields, and localities and the whole society in the development of supporting industries and priority development of processing and manufacturing industries, change and improve awareness and Sense of responsibility. </p
