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How does VinFast contribute to the auto industry in Hai Phong?

According to the web portal of the Ministry of Industry and Trade, in the period 2017-2020, Hai Phong’s transport mechanical industry (including motor vehicle export industry, shipbuilding industry) has grown quite high, reaching an average 22.26%/year.

In 2020, the shipbuilding industry grew higher than other industries, the industrial production index increased by 33.57%. However, this industry has an unstable number of orders, the reason is the lack of a new shipbuilding market, most of the machinery, equipment and raw materials depend on foreign suppliers. In 2021, the shipbuilding industry continued to face many difficulties. Growth decreased, the industrial production index fell to 23.21%.

Meanwhile, the motor vehicle export industry has maintained an average growth rate for traditional products, which are trucks under 10 tons.

In 2019 and 2020 due to the contribution of the VinFast automobile production complex, the industry’s growth reached a high level. In 2020, the index of industrial production of this industry increased by 19.03% and reached 57.27% in 2021.

Regarding industrial products to support the automobile manufacturing and assembly industry, Japanese enterprises have invested in manufacturing passenger car tires, car electrical wiring kits, telephone speakers, audio systems. automobiles, airbags to protect safety and steering wheel of cars, materials and components of airbags to protect people in cars; components for automotive supply parts, oil seals, washers, automotive rubber parts; plating and heat treatment of automotive components…

In particular, Vingroup is also building an industrial park to support car production with an area of ​​70 hectares with many other ancillary projects with a total investment of 100,000 billion VND. Currently, the VinFast automobile production complex attracts FDI enterprises to invest in large-scale factories, including: manufacturing spare parts, assembling engines for front and rear axle assemblies, car seats; manufacture of front and rear bumpers of automobiles; stamping and welding car frame details…

Domestic enterprises have produced components, accessories, detailed assemblies (Iron Xi, cabins, truck bodies, fuel tanks, electrical wiring assemblies, punching plate details…) for service. demand for automobile production and assembly, the localization rate is over 30%, which is quite competitive in terms of quality and fine art.

Besides the advantages, Hai Phong’s supporting industry still has many difficulties such as not being clearly defined and the number of supporting industry establishments is still small. Industries are Hai Phong’s strength, but supporting industries have not yet developed strongly.

In particular, the shipbuilding industry has almost no supporting industry attached; Although the automobile manufacturing and assembling industry enjoys many preferential policies for development by the State, it can only attract a few parts manufacturing enterprises to join the supply chain.

In the coming time, in order to strongly develop the supporting industry for the transport mechanical industry, according to the Ministry of Industry and Trade, Hai Phong should focus on completing and implementing mechanisms and policies to promote the development of supporting industries; Effectively implement the Program on development of supporting industries in Hai Phong city to 2025, with orientation to 2030; To step up promotion activities and call for investment and development of projects to produce supporting industry products in the city; Improve support capacity and human resources for supporting industry development, science and technology capacity for supporting industry enterprises.

https://cafef.vn/vinfast-dong-gop-ra-sao-vao-nganh-cong-nghiep-o-to-o-hai-phong-2022042008092835.chn


According to Thai Quynh

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