Policies needed to boost production linkage, localisation rate: insiders
April 10, 2023 | 09:42
Policies are needed to boost the number of domestic enterprises participating in the supply chain of multinational companies, and a boost is necessary in the localisation rate of the processing and manufacturing industry, which now remain modest, insiders said.
Low localisation rate hindering progress
March 16, 2023 | 11:00
A stronger supporting industry and focus on boosting localisation rates is deemed a prerequisite to help brands increase production and also reduce costs.
Local suppliers miss out on expansions
April 08, 2022 | 10:00
Vietnam continues to attract foreign enterprises, especially in the manufacturing sector. However, the country’s localisation rate remains low, rendering companies dependent on imports and leaving little room for domestically-created profits.
Hyundai asked to increase localisation rate to 40 per cent
February 26, 2019 | 20:52
Deputy Prime Minister Trinh Dinh Dung has asked South Korean carmaker Hyundai Motor Company to promote technology transfer to its local partners in Viet Nam and increase its localisation rate to a minimum of 40 per cent.
Strengthening local automobile production and localisation rate
October 24, 2018 | 08:00
Toru Kinoshita, chairman of the VAMA, talks about increasing the localisation rate of domestic automobile production.
Two way street in auto tax news
January 22, 2013 | 10:45
No dramatic changes are expected to automobile industry tax policies in the upcoming period.
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