Manufacturers backing local suppliers
October 14, 2022 | 09:17
Global manufacturers are increasingly offering solutions to foster the competitiveness of the country’s supporting industries, thus creating a solid foundation for a shift in the global supply chain.
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.
MNC blocks being built
October 19, 2018 | 09:47
Some 20 per cent of local suppliers have been found to be competitive in meeting foreign-invested and multinational corporation supplier requirements, and set the example for other companies to strive to meet the threshold of the elite list of suppliers.
Local car maker increases localisation rate 1
October 05, 2018 | 11:19
Local car maker Truong Hai Automobile company (Thaco) has increased the proportion of components it sources from local suppliers in order to reduce sale prices and improve competitiveness, as tariffs on cars have fallen to zero throughout the ASEAN region.
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