Domestic automobile industry in need of policies to raise competitiveness
Hanoi (VNA), Oct. 23 -- Vietnam needs to issue special policies for the automobile industry to catch up with other countries in the ASEAN region, said experts at a conference held in Hanoi on October 22.
Hosted by the Central Institute for Economic Management (CIEM), experts discussed solutions to complete tax policies and financial support to boost the development of the industry of automobile and auto parts.
According to CIEM deputy head Nguyen Thi Tue Anh, the production of automobile and auto parts is one of six key industries of Vietnam.
She said it was needed to clarify the situation, inadequacies and limitations in the implementation of policies as well as proposing solutions while motivating businesses to develop.
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