Tag: domestic enterprises

Despite being recognized as a key pillar of development, Vietnamese enterprises still have a tough time joining the supply chains of foreign enterprises.

Policymakers, foreign investors, and domestic business leaders attending the Vietnam Connect Forum 2026 had varying opinions on how domestic and foreign enterprises can partner each other.

A host of suggestions for ensuring Vietnam’s next phase of development is the best it can be were made by foreign business associations at the formal working session within the 6th Vietnam Connect Forum.

Member of the Party Central Committee and Deputy Prime Minister Nguyen Van Thang delivered a keynote address at the 6th Vietnam Connect Forum, highlighting that new-generation FDI should work with Vietnam to create new value and capabilities.

At its conference on July 15, the Minister of Planning and Investment has identified various solutions to support domestic firms.

The Ministry of Industry and Trade has said the processing and manufacturing industry is increasingly asserting its important role in the economy but domestic enterprises have not yet mastered and competed in source technologies for production.

In an address to the 4th Vietnam Economic Forum on June 5, Prime Minister Pham Minh Chinh emphasized that Vietnam does not have a closed economy and insists on innovation, opening up, and building economic independence and self-reliance associated with extensive, substantive, and effective international integration. Domestic and foreign enterprises have both become key in building an autonomous and integrated economy. He also touched on the need to have a healthy and safe environment to support businesses in their development process.