Keys to making breakthroughs in supporting industry
Difficulties and challenges
According to the Ha Tinh provincial Department of Industry and Trade, the local supporting industry is currently only at the beginning stage. The biggest difficulty now is that the number of supporting industry enterprises is still limited, small in scale, with restricted production capacity, capital, and technology. They have only engaged in fields that do not require high technological levels.
Ha Tinh Province has identified supporting industry as one of the four major breakthroughs for the 2021-2030 period |
In addition, most supporting industry enterprises in the province have not participated in the supply chain of operating FDI enterprises. Raw materials, components, and spare parts are mainly provided by FDI enterprises, key enterprises from import sources, parent companies, or from their home countries. Production linkages between enterprises in the province and FDI enterprises are also limited.
Specifically, because the textile-garment industry is a key industry to attract investment and create jobs for workers, in recent years, Ha Tinh’s garment industry has developed rapidly. There are more than 20 enterprises operating in the sector and over 1,100 small-scale garment establishments. However, currently, the development of the textile and garment supporting industry is still fragmented.
Supporting industry - a major orientation
In the provincial planning for the 2021-2030 period, with a vision to 2050, the province has identified “Supporting industry, steel-making industry, manufacturing of steel products and power generation” as one of the four major breakthroughs of the province’s development orientation.
Therefore, at meetings with large enterprises and corporations, Ha Tinh provincial leaders always emphasized that supporting industry is a priority for attracting investment.
In the coming time, the provincial People’s Committee will direct the development of supporting industry for advantageous industries, such as steel-making industry and products made from steel, automobile manufacturing industry, textile industry and anticipate electronic and high-tech industrial projects; create conditions for investors to build an automobile and auto part manufacturing complex in Vung Ang Economic Zone, and implement projects using steel raw materials from Formosa Iron and Steel Plant.
The province will also focus on attracting large projects applying advanced and modern technologies such as locomotive projects to promote the development of other industries and fields.
See also
North-South express railway – driving force to spawn new support industries
17:09 | 08/11/2024 Support industries
Automotive support industry strives to become spare part supplier
09:34 | 08/11/2024 Support industries
Vietnam: A new bright spot in global electronics supply chain
15:47 | 22/10/2024 Support industries
Ha Nam seizes opportunities to boost supporting industry development
15:15 | 07/10/2024 Support industries
Supporting industries catch new wave to make breakthroughs
17:00 | 03/10/2024 Support industries
Supporting industries a barrier to attracting FDI
09:43 | 30/09/2024 Support industries
See more news
Positive transformation: Supporting industries take on new responsibility
14:03 | 28/09/2024 Support industries
Da Nang to become high-tech and supporting industry hub
08:15 | 28/09/2024 Support industries
Hung Yen Province prioritizes high-tech and supporting industries
14:42 | 27/09/2024 Support industries
HCMC boosts supporting industry development
17:25 | 26/09/2024 Support industries
Southeastern localities develop support industries to modernise economy
17:33 | 21/09/2024 Support industries
Developing supporting industries needs to be a priority
11:37 | 14/09/2024 Support industries
Auto parts manufacturers manage to reach world level
06:10 | 12/09/2024 Support industries
Vietnam to boost semiconductor development with US support
15:54 | 11/09/2024 Support industries
Linkage with foreign firms needed to develop Việt Nam's supporting industry
09:20 | 26/08/2024 Support industries
Vietnam an emerging hub in global smart manufacturing
10:56 | 20/08/2024 Support industries
RoK to build a cold chain logistics centre in Hải Phòng
16:01 | 14/11/2024 Economy
Night flights added at six airports to serve Tết travel demand
15:56 | 14/11/2024 Economy
Party chief visits residents, soldiers on Bach Long Vi island
15:41 | 14/11/2024 News and Events
State President meets with President of Peruvian Council of Ministers in Lima
15:33 | 14/11/2024 News and Events
Parliamentary cooperation – a key pillar of Việt Nam-Peru relations: leaders
15:25 | 14/11/2024 Cooperation
Multimedia
Vietnam actively contributes to APEC
08:59 | 14/11/2024 Infographic
Vietnam’s national brand value reaches 507 billion USD in 2024
17:06 | 11/11/2024 Infographic
Vietnam-Chile Comprehensive Partnership
09:51 | 10/11/2024 Infographic
Vietnam manufacturing returns to expansion
13:31 | 09/11/2024 Infographic
Vietnam's key contributions to ACMECS
11:02 | 07/11/2024 Infographic
PM urged parliament to pass legislation to ensure sufficient electricity, restart nuclear projects
09:47 | 13/11/2024 Policy
New policy drafted to help non-bank credit institutions develop further
17:13 | 12/11/2024 Policy
Việt Nam to stiffen regulations on violating social network platforms
16:23 | 12/11/2024 Policy
Party leader of Việt Nam holds phone talks with President-elect of US
08:55 | 12/11/2024 Policy
Construction material industry's revenue to reach 47 billion USD
11:40 | 13/11/2024 Industry
Footwear industry eyes UKVFTA to bolster exports
10:00 | 11/11/2024 Industry
North-South express railway – driving force to spawn new support industries
17:09 | 08/11/2024 Support industries
Automotive support industry strives to become spare part supplier
09:34 | 08/11/2024 Support industries
Bac Giang prioritises high-tech FDI projects, services industry
17:04 | 12/11/2024 FDI
Vietnam draws new wave of high-value investments: Savills
19:30 | 10/11/2024 Investment
Hanoi attracts 1.6 billion USD in FDI in ten months
15:18 | 07/11/2024 Investment
Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion
16:16 | 04/11/2024 Investment
UK stands ready to help Vietnam build international financial hub
17:13 | 13/11/2024 Finance-Banking
S&P affirms Techcombank’s BB- rating
10:10 | 11/11/2024 Finance-Banking
Tax sector fulfils nearly 95% of state budget collection target
15:38 | 09/11/2024 Finance-Banking
Việt Nam's stock market moves closer to emerging market status amid key policy changes
18:05 | 06/11/2024 Stock Market
Hà Nội requires comprehensive emission data to develop effective air pollution control plan
15:03 | 14/11/2024 Environment
Vietnam looks towards Net Zero goal in agriculture
17:25 | 12/11/2024 Environment
Holistic approach needed to improve glass recycling
11:31 | 12/11/2024 Environment
Storm Toraji intensifies and moves northwest in East Sea
08:58 | 12/11/2024 Environment
4G mobile network coverage reaches 99% of Vietnamese population: Minister
16:51 | 13/11/2024 Science - Technology
Quang Ninh to host 3rd Vietnam Int'l Digital Week next week
17:11 | 12/11/2024 Science - Technology
Việt Nam's new fast track policies to boost high-tech investment environment set for approval
09:33 | 09/11/2024 Science - Technology
Practical innovations
09:15 | 06/11/2024 Science - Technology
Night flights added at six airports to meet rising travel demand during Tet
15:12 | 14/11/2024 Society
Vietnamese universities strive to attract international students
11:43 | 13/11/2024 Society
Social network users must authenticate accounts from December 25
17:10 | 12/11/2024 Society
Long Thanh Airport’s runways expected to be completed three months ahead of schedule
15:57 | 12/11/2024 Society
Hà Nội to host large-scale international fair for key industrial products in 2025
16:54 | 12/11/2024 Vietnamese Brands
Agriculture, craft village festival to be held in Hà Nội
16:49 | 12/11/2024 Vietnamese Brands
Vietnamese Goods Week brings vibrant showcase to Thai province
10:16 | 08/11/2024 Vietnamese Brands
Sóc Trăng’s ST25 fragrant rice awarded 5-star OCOP rating
11:05 | 07/11/2024 Vietnamese Brands
Kiên Giang to host Khmer cultural festival
16:45 | 13/11/2024 Culture
Two Vietnamese artists nominated for Grammy Awards
17:02 | 12/11/2024 Culture
Great Solidarity of Ethnic Groups Week to take place next week
09:55 | 08/11/2024 Culture
Famous musical star Philip Quast to perform and share experiences in Hà Nội
09:40 | 06/11/2024 Culture
Vietnam promotes int’l cooperation in MICE tourism development
14:47 | 14/11/2024 Tourism
2025 Nha Trang – Khanh Hoa Sea Festival to spotlight cultural heritage space
17:04 | 13/11/2024 Tourism
Việt Nam to welcome more international cruise ship tourists
16:36 | 13/11/2024 Tourism
Bình Thuận tourism aims for green, sustainable development
17:06 | 12/11/2024 Tourism