Hanoi enterprises have strong advantage in the mechanical industry. However, they need stronger networking and improve competitiveness to take better use of opportunities. Such is the suggestion made at a conference held to contribute to the supporting industry development plan on August 7 in Hanoi by the Hanoi Supporting Industries Business Association (HANSIBA).
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![]() Production of Ha Yen JSC at Supporting Industrial Complex Hanoi South.
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In addition, To Van Nhat the director of European Green Plastic business said that enterprises are finding it difficult to sell their products as there are no clear standards on quality and price. “The supporting industries need an independent board to assess the quality of supplying industries’ products, as well as suggesting a standard price for each product”, said To Van Nhat.
The feedbacks at the conference raised concerns over the supporting industries in Vietnam which still remain weak, so the government needs to support the enterprise community with appropriate policies and regulations. Many opinions suggest the plan to include requirements for human resources development and simplified procedures for enterprises to be eligible to operate in supporting industries.
With suggestions from more than 20 participants at the conference and 50 suggestions received through email, the HANSIBA proposed 9 suggestions to be included in the Plan to create one thousand businesses in the supporting industry.
First and foremost, the plan should simplify procedures for determining an enterprise operating in the supporting industry. With this being said, members of HANSIBA should be taken as the standards for evaluation.
Secondly, the Association suggest the government and Hanoi authorities to assist the connection and issue regulations covering the order placing process by foreign enterprises to Vietnamese businesses.
Thirdly, the Association suggest the authorities to issue incentives that help commercial banks finance the supporting industries. Specifically, funding for supporting enterprises could be sourced from Hanoi investment fund or from ODA fund.
Fourthly, the plan suggest the supporting industries need to have a specialized industrial complex.
Fifthly, the Association asked for free training for workforce in supporting industries .
Sixthly, the Association suggest the plan should include a specialized industrial complex and enterprise incubator to form a development chain of enterprises in supporting industries will be established.
The Association also recommended the plan should have provisions to assist startups, establish flagship enterprises either with national funding or with FDI. Also the Hanoi supporting industries need a steering committee, the Association concluded.
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