Enterprises face difficulties joining FDI supply chain

by VTV410 October 2017 Last updated at 10:54 AM

VTV.vn - After 30 years of Foreign Direct Investment (or FDI) in Vietnam, the burgeoning industry has helped solve unemployment, increase Vietnam's state budget and increase the fund for investment and development.

Notably, FDI currently takes up about 72% of export turnover. Recently, a conference with the theme "30 years of FDI attraction" was held in Vinh Phuc province to evaluate the participation of Vietnamese enterprises in FDI enterprises' supply chains.

According to the Vietnam Chamber of Commerce and Industry, FDI enterprises buy just 26% of their equipment and input sources from Vietnamese enterprises. The rest are imported from Holding companies.

After 30 years, the biggest advantage remains low costs. Being part of the FDI supply chain is still a challenge for many Vietnamese enterprises, especially small and medium sized ones.

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