TPP open oppotunities for Vietnam's auto supporting isdustry

Many experts and businesses said so on the opportunity to revive the Vietnam auto support industry that TPP will bring, if Vietnam has good solutions to take advantage of this opportunity.

ADVANTAGES OF TPP

"This is an opportunity for automobile manufacturers to invest in development, especially spare parts and accessories" - Mr. Ho Manh Tuan, first deputy general director of LD Honda VN Company (HVN), said so. in exchanging with Youth when there is TPP.

According to Mr. Tuan, Vietnam could attract the attention of investors in manufacturing supporting industries and auto components from TPP member countries, especially Japan, in order to enjoy the preferential import tax rate of 0%. USA, Canada and Mexico.

An expert in the automobile industry said that in the past, the automobile industry in Vietnam could not develop for many reasons, one of which was that the domestic market was too small, not attractive enough to entice and attract investors. invest capital in producing components and accessories in Vietnam.

In the future, when TPP is put into practice, investors producing automobile components, especially Japanese enterprises, can organize production in Vietnam and then return to the parent company to complete the installation, assembled before exporting to member markets.

 

"This is an opportunity for automobile manufacturers to invest in development, especially spare parts and accessories" - Mr. Ho Manh Tuan, first deputy general director of LD Honda VN Company (HVN), said so. in exchanging with Youth when there is TPP.

According to Mr. Tuan, Vietnam could attract the attention of investors in manufacturing supporting industries and auto components from TPP member countries, especially Japan, in order to enjoy the preferential import tax rate of 0%. USA, Canada and Mexico.

An expert in the automobile industry said that in the past, the automobile industry in Vietnam could not develop for many reasons, one of which was that the domestic market was too small, not attractive enough to entice and attract investors. invest capital in producing components and accessories in Vietnam.

In the future, when TPP is put into practice, investors producing automobile components, especially Japanese enterprises, can organize production in Vietnam and then return to the parent company to complete the installation, assembled before exporting to member markets.

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