According to the ᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚVietnam Association of Supporting Industries, the localization rate in Vietnam is only 41.9%, with local businesses contributing 17.2%, much lower than neighboring countries. Thus, strategic cooperation with partners is essential.
The Ministry of Industry and Trade has established Technical Centers to assist local companies in enhanci🦂ng their technical and management cap♊acities, enabling them to meet the demands of multinational corporations and FDI enterprises while becoming more integrated into global value chains./.
