Mechanical products "Made by Vietnam": Link stimulating demand

Squirming in difficulty

The country has about 25,000 mechanical enterprises, accounting for nearly 30% of total processing enterprises. However, there are very few prominent brands. The majority of businesses are small-scale, low competitiveness, have not mastered the complete core technology.

Linking to form a network of industrial production enterprises

Particularly mechanical industry is identified as one of the four key industries and accounts for 19.41% of the city's entire industry. Ho Chi Minh. In recent years, the mechanical engineering industry has achieved an average growth rate of 8% / year, accounting for over 28% in 4 key industries. Up to now, businesses have also built a number of typical brands and mechanical products capable of participating in domestic and foreign supply chains such as: mold engineering, high-tech mechanics and machinery. , equipment, spare parts ... Many of the city's mechanical products are exported, especially machinery, equipment, tools and spare parts.

Regarding consumption, the domestic market accounts for more than 57%, the foreign market accounts for about 43%. In particular, high precision mold products are the strength of mechanical enterprises in the area.

However, before the strong impact of the Industrial Revolution 4.0, the mechanical engineering enterprises in general and the City. Ho Chi Minh City in particular encountered many challenges. According to Mr. Pham Ngoc Tuan - Vice Chairman of City Association of Mechanical Science and Technology. Ho Chi Minh City, the quality of mechanical products of domestic enterprises is low, high production costs, lack of competitiveness with imported products; There have not been many big mechanical enterprises; has not joined the global supply chain.

Stimulating investment

In order to develop the mechanical engineering industry properly, recently, the City People's Committee. Ho Chi Minh City has assigned the Department of Industry and Trade to implement the investment stimulus program, in order to support interest rates for industrial enterprises and industries to support the mechanical engineering industry to renovate machinery and equipment, expand production, and improve capacity. productivity, product quality. Along with that, assigned the City Development Research Institute. Ho Chi Minh coordinated with relevant units to develop a strategy to develop the city's mechanical engineering industry until 2030.

In addition, businesses are encouraged to cooperate, produce and consume products for the domestic market. Specifically, enterprises in the manufacturing and industrial processing industries such as wood processing, foodstuff, electric cables, plastic rubber ... all work together to form an industrial network, with initial plans. investment, commitment to use equipment, components, machinery manufactured entirely domestically, creating outputs for mechanical engineering enterprises. Implementing more effectively the link of 4 houses: Manufacturer - buyer - school - state; create output for businesses in the association. Enhancing enterprise capacity, innovating current technology and production techniques with automation solutions, adding competitiveness as well as developing potential customers for member enterprises.

In order to effectively implement this linkage activity, HCMC Association of Mechanical and Electrical Enterprises. Ho Chi Minh City will propose the City People's Committee to have a budget support program for businesses to access technology, stimulus policies for businesses to buy "Made by Vietnam" machines and equipment.

Articles CongThuong.vn