The development orientation of the mechanical engineering industry to 2025 aims to meet over 50% of domestic market demand and account for 21% of the industry structure. In order to achieve this goal, mechanical enterprises need more practical and focused incentives to create markets for businesses to grow, instead of having incentives and not in recent years. .

This is an opinion raised by many businesses and experts at the seminar on "Strategy for development of Vietnam's mechanical engineering industry" held by the Ministry of Industry and Trade on November 10.

Mr. Pham Anh Tuan, Deputy Director of Heavy Industry Department - Ministry of Industry and Trade said that in 2014, the export value of mechanical engineering was over 15 billion USD. However, imports were more than 26.5 billion USD. Along with that, the localization rate of the industry is just over 30%, lower than the target of the Strategy of 40-50%.

Mr. Nguyen Tang Cuong, Chairman of Quang Trung Industrial Joint Stock Company, said that the enterprise has invested heavily for many years to catch up with the mechanical development strategy. Many preferential policies to support capital are also launched, but when borrowing money from banks, they are inaccessible, taking a lot of time and opportunities.

Mr. Nguyen Tang Cuong, Chairman of Quang Trung Industrial Joint Stock Company, spoke at the seminar

Another point of note in the strategy mentioned by Mr. Cuong is to clearly orient the development at which stage of production. Mechanical fields of agriculture, transportation, construction, machine manufacturing ... with thousands of different products. But these products all have 7 steps: design, mold making, ingot, machining, heat, assembly, and factory testing.

In the field of mechanical engineering, most of Vietnam can only handle assembly, the remaining stages, especially the design and manufacture of molds, have not been paid attention to invest.

“If so, how do we develop mechanical success, how to participate in international integration, global industry. Because the capital is limited, so the strategy needs to clearly indicate which stage of development, how to develop, with how much capacity, for businesses to embark on investment. As long as there is a direction and incentive mechanism to create markets for businesses, the industry will develop, ”Mr. Cuong said.

The company also cited, for example, that the state can create markets in the design or model stages, businesses borrow money from banks and make products. If the product comes to life, the state will provide full support. So there will be no situation of snatching.

Therefore, the market capacity, what is the market support, how to protect the market and how long to protect it is the priority for businesses. Then there are other preferential policies.

Deputy Minister of Industry and Trade Cao Quoc Hung affirmed, the Ministry will receive the comments of businesses, to continue to exchange, research, and give an industry development strategy in the coming period to be more specific. Better business support.

However, businesses can not rely too much on state policies, but businesses themselves need to be more self-reliant and better connected.

- According to the Economic Editorial Board, Vietnam News Agency -