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localization

Many Japanese firms want higher localization rate in Vietnam

HCMC – Over 43% of Japanese firms have expressed their intention to expand their local procurement rates, particularly focusing on food, precision equipment, medical...

Automakers facing legal vacuum

The Ministry of Science and Technology will officially lift regulations on the localization ratio in the automobile sector and the levels at which imported...

Regulations on auto localization ratio to be rescinded

HCMC - The regulations on the automobile localization ratio will be abolished on October 10, after they have been in force for almost 20...

The dilemma of boosting localization in a small market

Resolution 115/2020/NQ-CP aims to fuel the growth of supporting industries, including those for cars. However, these policies are unlikely to change the supply chain...

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