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Cluster model to promote motorcycle sector

by VTV411 November 2015 Last updated at 15:01 PM

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VTV.vn - A cluster model is a geographic concentration of related businesses, organisations and institutes. The model helps enterprises save resources and improve productivity as well as competitiveness.

With a localisation rate of 95%, Vietnam’s motorcycle manufacturing sector has great potential to develop a motorcycle cluster, increasing exports to other countries.

Vietnam’s motorcycle exports in 2015 is estimated to reach 600 million USD. With a cluster model, this figure could increase in the coming time.

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