The opportunities and challenges that TPP brings to Vietnam have been analyzed quite carefully by experts. In particular, a very interesting issue is the development of supporting industry (SI).
One of the core points of TPP is to promote connectivity along the production chain. Strict commitments in the TPP, which directly stipulate the content of origin or localization content of at least 60% (higher than the ASEAN Economic Community), to enjoy the preferential tariffs of the As a member, become an advantage in connection with the depths of economies in the TPP.
According to economic experts, TPP is a necessary condition for member countries to be able to become the leading stage in the value chain. But eligibility is the responsibility of SI. However, up to now, SI in Vietnam is still a restricted area on basic basis for development, due to the lack of market orientation on value chain connectivity in the period of economic transition from the next mechanism. planning orders to socialist-oriented market economy mechanisms. Many types of products seem to be simple, such as buttons, screws, phone jacks, etc., which have not been manufactured by domestic enterprises but mainly from foreign-invested enterprises (FDI). Obviously, this is a significant barrier when trying to take advantage of the opportunities that TPP brings.
In order to develop supporting industry, the biggest requirement is that the products of enterprises producing all kinds of components and equipment must meet customer needs, especially customers in the chain with the leadership of transnational corporations. nationally, as there are many global suppliers with high technological advantages and the ability to supply low prices, in large volumes, especially suppliers from China. The frameworks in TPP can be further developed with member partners in the direction of attracting investment capital through the terms and conditions of TPP.
A team of highly qualified scientists and consultants in the industry both domestically and abroad should be mobilized to formulate an overall development strategy for supporting each industry, as well as the ability to organize effective implementation. . In the immediate future, to attach importance to supporting industry for industries with great needs such as textile, electricity, electronics, information technology, and mechanics for agriculture. onions, but not as effectively as expected. Meanwhile, the period of 2 years for TPP to take effect is not too long. Therefore, right now, strong actions are needed to promote the development of supporting industries in order to make the best use of the opportunities that TPP brings.
In particular, the leading role of specialized management agencies on supporting industry such as mechanical engineering, textiles, electricity, electronics, information technology, etc. should be promoted in the orientation, development and announcement of programs. The project aims to develop an effective supporting industry. The incentive and support measures must have direct impacts on enterprises and establishments, minimize procedures and shorten time. The problem is a specific and objective assessment of the needs of supporting industry development, clear market orientation and requirements under trade liberalization conditions such as high competition on quality, low prices, even lowest in the world, providing with the shortest time and lowest transaction costs.
Currently, the whole country has 98% of small and medium-sized enterprises (of which 96% are small and super small). Therefore, the business of investing in developing all kinds of components and details faces many difficulties due to the lack of necessary technologies of required international competitiveness, investment capital, chain connection capacity and management capacity. , weak business. Attracting more attention of the enterprise is necessary so that the available resources are not wasted and the external resources are taken advantage of. Enterprises in industries need to build a real and long-term linkage institution in order to develop the results of supporting industry by industry. Especially, it is necessary to promote the ability of direct connection between foreign enterprises and large corporations, including businesses, corporations in TPP member countries to be able to undertake each stage of work and proceed to production. and supply components, wide details on the market. Those enterprises specializing in processing and assembling enterprises need to have a strategy to gradually switch to self-producing details and components to gradually formulate the process and master production technology.