According to plans, the local auto support industry is targeted to achieve a localisation rate of 60 to 80% by 2020. However, after 20 years of development, the average localisation rate is just about 10 -15%. Despite the failure in developing an auto industry in the last two decades, Vietnam still dreams of building an industry of its own. The problem is how to connect local small and medium sized businesses to increase the localisation rate in the coming time.
