HCMC to boost development of support industry

The 2016 Metalex Vietnam was officially opened in Ho Chi Minh City on October 6, attracting the participation of nearly 300 enterprises from Japan, Thailand, Singapore, Vietnam and other countries.

The Metalex Vietnam is considered as Vietnam’s international exhibition showcasing machine tools & metalworking solutions for production upgrade.

At the exhibition, Deputy Chairman of the Ho Chi Minh City People’s Committee Le Thanh Liem shared: “In order to develop further its support industry, the city has set up the center for Support Development (CFSD); showrooms for support industry products, many workshops at industrial parks and export processing zones.

Besides that, the city authority has issued support policies for the domestic enterprises, satisfied supply and demand between businesses in support industry and producers.

According to Chief of Japan External Trade Organization Takimo Koji, the rate of domestic supply from Japanese enterprises in Vietnam reached 32 percent in compared with Thailand (56%), China (65%).

By Minh Hai- Translated by Huyen Huong

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