(Appendix 1). To implement FOB, businesses not only need to have large financial resources to open L/C (Letter Credit) to purchase raw materials and production infrastructure that meets international standards, but also need to build a professional team from the bidding, negotiation to organizing the production of finished products.
- Research world fashion tastes, actively participate in the global value chain. Make the most of the domestic market, build your own brand, create many distribution channels, be flexible in marketing to create trust and impressive emotions for consumers. Especially promote fashion design, exploit good sources of raw materials to have good designs, serve consumers.
- Diversify investment sources in developing the textile and garment supporting industry, in which non-state investment and FDI must be considered as the main ones. Supplement preferential investment policies in developing the textile and garment supporting industry, including: credit incentives, import incentives for raw materials, value added tax, etc.
- The Vietnamese textile industry needs to find niche markets to create a breakthrough. Although niche markets are often smaller, customers have narrowly defined needs or a combination of unique needs, focusing on serving customers in niche markets will have many advantages, with the opportunity to know each customer clearly, have few competitors and get large profits. Customers are willing to pay more, because goods in niche markets always meet the strict needs of customers.
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- Perfecting the localization mechanism and policy; this mechanism and policy must be accompanied by a policy to limit the import of finished products and raw materials on the list of "localized" materials. At the same time, increase the application of new and advanced technical and economic standards, and technology transfer for the textile and garment industry. The Government must plan concentrated cotton raw material production areas, protect people in cotton growing areas (subsidies, varieties, etc.). Promote cotton growing linkages between enterprises and farmers to ensure raw materials for production, so that specialized cotton growing areas can develop sustainably, creating conditions to increase the value of the textile and garment industry.
- Restructuring the Vietnamese textile industry to achieve sustainable development goals, towards the production of ecological, high-tech products; increasing product added value, saving energy, improving the working environment for workers... this will be the official driving force for the development of the textile and garment supporting industry. Textile and garment supporting industry enterprises must focus on promoting e-commerce, with a direction to coordinate in building electronic textile and garment product trading floors. When there is a system of encrypted and digitized goods, businesses will be very convenient in management and distribution.
- The textile industry needs to improve the quality of local human resources. There is a policy to attract talents and human resources from other localities. On the other hand, it is necessary to link local human resource training programs with national human resources in the field of supporting industry, through training programs with foreign countries, and linking training organizations according to the needs of businesses....
4.2.2.3. Solutions for developing supporting industries in the electronics industry
As analyzed above, the development orientation of Vietnam's electronics industry is to shift the production structure towards developing specialized electronics, including the production of components, spare parts, and auxiliary products for the fields of information technology, telecommunications, medical electronics, and industrial electronics. However, electronics enterprises are not operating professionally, the connectivity is not high; they have not created breakthroughs and unique strengths in products. The localization rate and value-added content in domestic electronic products are low. The industry's product structure is out of phase, leaning towards consumer electronics... Because we have not focused on developing infrastructure and synchronizing supporting factors for the electronics industry, mainly processing and assembling. To overcome the above situation, the author proposes the following solutions:
- The Government should create necessary incentives for enterprises in the electronics industry; pilot construction of a number of industrial parks to support the electronics industry with specific incentives. Plan the electronics industry towards being a key industry for long-term development.
International production linkage program between supporting industry enterprises and enterprises
assembly industry and choosing the appropriate form of international production linkage.
- There needs to be a reasonable development policy and a favorable business environment. In particular, businesses should soon take measures to improve production, increase the localization rate, and provide products that are accepted by the market.
- Building the electronic and information technology components manufacturing industry in the direction of connecting and participating in the production and supply chains of multinational companies and corporations from low to high, from simple to complex, first of all meeting the demand for simple assembly components, plastic parts, molds, printed circuits, etc. to increase the domestication rate of the electronics industry.
- Supporting industry enterprises in the electronics industry can produce products in an “Integrated” manner; have close links to gradually form a specialized sector in the global electronics industry. Prioritize the development of production and business linkage methods between domestic enterprises and large corporations. Select a number of specialized industries and fields to produce products in which they have strengths, in order to create highly competitive products to be able to participate in the regional production system.
- Attracting multinational corporations to develop manufacturing facilities, design highly integrated semiconductor systems, microcontrollers, SoC (System on a Chip) devices, smart ICs, mixed-signal products, fast memory microchips, STRAM memory... To attract assemblers of high-tech products, it is essential to have SMEs that produce parts and components at a high-tech level.
- Promote technological innovation with reasonable solutions, exploit existing research, consulting and design capacity, improve the legal environment for research work, and create infrastructure for the development of science and technology in the supporting industry.
CONCLUDE
[
With the goal of making Vietnam basically an industrialized country by 2020.
In the direction of modernization, the development of supporting industry will play an important role in the industrialization and modernization of the Vietnamese economy.
Conducting research topics within certain scope and limits, the author
The thesis gives the following conclusions:
1. Supporting industry is a technical economic sector, including industries that produce intermediate products, provide spare parts, machinery, equipment, processed raw materials and production support services according to certain processes to assemble final products. There are many factors affecting supporting industry such as: macroeconomic environment and State policy mechanisms; regional and global linkages, the influence of multinational corporations; international economic integration; basic industries and downstream areas; market capacity; scientific and technological advances and localization capacity; financial resources and human resources; information systems; product quality standards.
2. The development of supporting industry is an objective necessity for socio-economic development in general and the industrial sector in particular. The thesis has discussed the criteria for assessing the level of supporting industry development such as: scale, technology level, human resources, localization rate of supporting industry enterprises, product competitiveness and the level of meeting the requirements of the downstream industry.
3. The dual role of supporting industry development for the national economy in general and the industry in Vietnam in particular is shown in a number of contents. The reasonable and effective development of supporting industry will contribute to promoting the development of the industry in particular and the national economy in general; especially when international integration is increasingly deep. At the same time, the thesis studies the experience of a number of countries in developing supporting industry in a number of industries and from there draws valuable lessons for Vietnam.
4. The current situation of supporting industry in some industries in Vietnam has achieved certain results in recent times. However, supporting industry in some industries in Vietnam still has limitations and raises issues that need to be addressed and resolved such as: planning for supporting industry development; capital and technology in supporting industry development; human resources in supporting industry development; and supporting industry development when restructuring some industries in Vietnam after the global financial crisis. This is an important basis to ensure scientific and practical basis to propose feasible groups of solutions to promote supporting industry development in the coming time.
5. To develop supporting industries in some industries in Vietnam effectively in the coming time. The thesis puts forward five viewpoints that need to be thoroughly understood: First, we must consider supporting industry development as a breakthrough, creating a premise for developing industries. Second , supporting industry development must exploit national advantages, focus on exports, participate in the global value chain, with the participation of economic sectors. Third , supporting industry development must comply with the objective laws of the market economy, in accordance with international practices, building a green and sustainable economy. Fourth , we must strengthen the role of the State in supporting industry development. Fifth, supporting industry development must ensure effective restructuring of the industry as well as restructuring of the Vietnamese economy.
On that basis, the Thesis proposes two groups of solutions, which are the general group of solutions for developing supporting industries in a number of industries in Vietnam and the group of solutions for developing supporting industries in the motorcycle, textile and electronics industries. These are two basic groups of solutions, a unified entity that cannot be separated and does not take lightly any solution to develop supporting industries in Vietnam, contributing to building a socialist-oriented market economy.
LIST OF AUTHOR'S RESEARCH WORKS RELATED TO THE THESIS TOPIC
1. Ha Thi Huong Lan (2008), "The role of supporting industry", Journal of Theory , No. 10, pp. 48-53+38
2. Ha Thi Huong Lan (2008), Supporting industry with attracting foreign direct investment in Vietnam, Master's thesis in political economy; Institute of Economics - Politics - Ho Chi Minh National Academy of Politics.
3. Ha Thi Huong Lan (2011), "Developing supporting industries to attract FDI: China's experience and suggestions for Vietnam", Vietnam Journal of Social Sciences, No. 45, February, pp.19-26.
4. Ha Thi Huong Lan (2011), "Supporting industry and the trade deficit problem in Vietnam
"Current Vietnam", Journal of Financial and Accounting Research , No. 2, pp. 52-55.
5. Associate Professor, Dr. Do Duc Minh, Ha Thi Huong Lan (2011), Financial policy to support supporting industries, Proceedings of the Scientific Workshop on Financial Policy for Developing Supporting Industries (of the Institute of Financial Strategy and Policy (Ministry of Finance) and the Institute for Industrial Policy and Strategy Research (Ministry of Industry and Trade), December
6. Associate Professor, Dr. Do Duc Minh, Ha Thi Huong Lan (2012), The trade-off between growth and inflation in Vietnam in the current context, Proceedings of the Scientific Workshop on coordinating fiscal and monetary policies in macroeconomic regulation of the Institute of Strategy and Financial Policy (Ministry of Finance) in collaboration with the Institute of Banking Strategy (State Bank), May.
7. Ha Thi Huong Lan (2012), "Supporting industry - solution to limit import
"Super", Journal of Corporate Finance , December, pp. 12 - 14.
8. Ha Thi Huong Lan (2013), "Preferential policies for developing supporting industries"
"Support in Vietnam", Finance Magazine , No. 5 (583), May, pp.50-53.
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5. Nguyen Hoang Anh (2008), Research on global value chains and the participation capacity of Vietnamese electronics enterprises (Ministry-level research project), Ministry of Education and Training, Foreign Trade University.
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2010, vision to 2020.
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2006, Hanoi.
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Hanoi.
20. Ministry of Industry (now Ministry of Industry and Trade), Decision No. 34/2007/QD-BCN dated July 31, 2007 approving the Planning for development of supporting industries to 2010, with a vision to 2020.
21. Ministry of Foreign Affairs of Vietnam (2003), Japan-Vietnam Joint Initiative to Improve Business Environment and Enhance Vietnam's Competitiveness.
22. Ministry of Finance (2011), Circular No. 96/2011/TT-BTC dated July 4, 2011 guiding the implementation of financial policies stipulated in Decision 12/2011/QD-TTg on policies for the development of a number of supporting industries.
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Hanoi.
24. Hoang Van Chau (Selected) (2010), Supporting industry: Experience of other countries and solutions for Vietnam, Information and Communication Publishing House, Hanoi.