On November 25, the Business Matchmaking conference for automotive, electronics, mechanical industry was organized by Industrial Development Center (IDC), Industry Agency (Ministry of Industry and Trade), the International Finance Corporation (IFC) – a member of the World Bank Group and the International Labour Organization (ILO) in Hanoi.
The conference is organized to connect manufacturers with multinational corporations that have localization strategies as well as to create the foundation for industrial investment programs, forming a network of small and medium-sized domestic producers.
Speaking at the event, Mr. Pham Tuan Anh – Deputy Director General of Industry Agency said that developing supporting industries, taking the initiative in raw material and accessories is the key to a sustainable industry for Vietnam.
At present, the number of enterprises operating in supporting industries accounts for nearly 4.5