VIETNAM: Local vehicle part makers to get government support - report
Vietnam Investment Review reported that a localisation programme for vehicle parts manufacturing is to be submitted to the government followed by the establishment of a national committee chaired by a deputy prime minister, according to the Ministry of Industry, or MoI. The report said Nguyen Xuan Chuan, vice minister of Industry, last week said that local enterprises producing localised vehicle parts would be supported in terms of equipment and given tax breaks on imported materials.
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