On the afternoon of December 9, the United States Agency for International Development (USAID) in collaboration with the Department of Industry and Trade, the Management Board of Export Processing and Industrial Zones, and Ho Chi Minh City High-Tech Park held a forum ” Association to connect and invest in small and medium enterprises “in Ho Chi Minh City.
At the forum, Mr. Nguyen Phuong Dong, Deputy Director of the Department of Industry and Trade of Ho Chi Minh City, said that in recent years, the Department has implemented many activities for small and medium enterprises and supporting industries to promote public development. support industry in the area; In particular, building business linkages in many industries and fields is an effective solution for small and medium enterprises, supporting industries to increase localization of products, participating in the supply chain of businesses. domestic industry, multinational investors as well as global supply chains.
Regarding mechanisms and policies for supporting industries in Ho Chi Minh City, Mr. Tran Viet Ha, Head of Investment Management Division, Management Board of Export Processing Zones and Industrial Zones of Ho Chi Minh City Minh (HEPZA) also said that the city is constantly striving to create land fund, infrastructure; in which, planning 3 industrial zones to receive small and medium enterprises, supporting industries.
Particularly for export processing zones and industrial zones with little land fund, HEPZA encourages investors to build high-rise factories to create favorable conditions for small and medium enterprises and supporting industries to develop production. saving costs, resources and efficient use of infrastructure.
Along with that, HEPZA strengthens the connection of businesses with partners and markets, such as providing a list of units that can supply supporting industrial products to many promotion agencies in the province, city, and country. out. Through coordinating with the Department of Industry and Trade of the City, HEPZA also promotes diversification of supporting industry development programs in the fields of administrative procedures, access to capital, preferential policy mechanisms, advisory programs. …
Small and medium enterprises and supporting industries play an important role in Vietnam’s economic growth. However, due to the limited capacity of these enterprises, lack of market connection, especially the interruption of the global supply chain due to the COVID-19 translation, it was necessary to find customers and marketing opportunities. new school.
According to Mr. Robert Green, Deputy Consul General of the United States in Ho Chi Minh City, businesses need more flexibility to take advantage of opportunities from the global supply chain shift. Promotion organizations must also foster the connection of SMEs with leading supply chain firms. Therefore, the USAID funded project, Promoting Reform and Enhancing Connection of Small and Medium Enterprises (LinkSME), creates market opportunities, promotes free trade with the motto of win-win. and this forum is one of the activities of the project.
Strengthening the connection between small and medium enterprises and global supply chains requires active participation of the business community in all industries and sectors; in which, the leading enterprise will play the leading role, orienting and advising small and medium-sized enterprises to create products that meet the needs of the market, industries and fields that have potential for development.
From the corporate perspective, Mr. Jeff Nessim, Vice President of Engineering, Techtronic Industries (TTI) Vietnam, said that he focuses on manufacturing products and equipment for household use in addition to machines , hand tools have built a brand name in the global market. The investment of more than half a billion USD in Vietnam shows that TTI assesses this as a potential market and an attractive destination.
TTI is moving factories from North America to other regions such as Asia and currently TTI has a factory in a hi-tech park in Ho Chi Minh City. This not only marks TTI’s participation in the Vietnamese market but also shows its connection with local businesses and searching for local suppliers. Currently, TTI Vietnam factory has invested in production, research and development with the desire to move more activities into Vietnam.
Many other multinational corporations said that they want to boost investment in Vietnam and increase cooperation with local suppliers to be able to develop production and business quickly and sustainably. At the same time, appreciating the role of the Government, ministries, branches and local authorities has created legal corridors, administrative procedures … in recent times./.
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