AsemconnectVietnam - The Decision approving the Program for the Development of Supporting Industries for the period 2026-2035 lays the foundation for enhancing production self-reliance, reducing import dependence, and promoting growth.

Increasing the localization rate
The Decision approving the Program for the Development of Supporting Industries for the period 2026-2035, recently signed by Deputy Prime Minister Pham Gia Tuc, aims to build a modern supporting industry, increase the localization rate, gradually master production technology, and strengthen the capacity of Vietnamese businesses to participate in global supply chains.
The new strategy shapes a fundamental shift in the support approach: Using the stringent technical standards of the market and the actual localization rate as a measure of action. Domestic businesses are placed at the center of innovation, while the State plays a facilitating role through institutional transparency and the unlocking of macroeconomic resources.
This shift aligns with the spirit of Resolution 57 of the Politburo on creating breakthroughs in science, technology, and national digital transformation, requiring factories to accelerate automation, apply high technology, and strictly adhere to energy and environmental standards to adapt to the green economy trend.
The development roadmap is phased with very clear quantitative indicators to bring the national industrial competitiveness into the top 3 leading countries in the ASEAN region. Specifically, the plan for the period up to 2030 focuses on connecting satellite businesses with leading corporations to increase the localization rate of the textile and footwear industries to 60% to 65%, the mechanical engineering industry to 40%, the electronics industry to 25-30%, the automotive industry to 22% to 30%, and the high-tech industry to 15%.
The program aims to support 600 businesses with international standard production management consulting, while simultaneously fostering research and development capabilities for 80 units to adopt smart core technologies.
The plan for the period up to 2035 aims to master upstream processes such as research, design, and original equipment manufacturing. Localization targets have been significantly raised, with the footwear industry reaching 70-75%, textiles 70%, mechanical engineering 50%, electronics and automobiles both aiming for 32-40%, and high-tech industries 20%. The scale of production management support has been expanded to 900 enterprises to form a force of first and second-tier suppliers capable of competing fairly on the global stage.
CK
Source: VITIC/congthuong.vn