The processing and manufacturing industry must expand its presence in global supply chains, according to a recent report from Viet Nam News. This industry plays a crucial role in the economy, but there is still room for growth. By increasing its integration into global supply chains, the industry can enhance its competitiveness and create more opportunities for growth.
In order to achieve this, companies in the processing and manufacturing industry need to focus on improving their production processes, quality control, and innovation. They should also work towards meeting international standards and certifications to attract more customers from around the world.
Additionally, it is important for businesses in this industry to build strong partnerships with other companies in the supply chain. By collaborating with suppliers, distributors, and logistics providers, companies can streamline their operations and reduce costs, ultimately making them more competitive in the global market.
Overall, the processing and manufacturing industry in Viet Nam has the potential to further penetrate global supply chains. By focusing on improving production processes, meeting international standards, and building strong partnerships, companies in this industry can enhance their competitiveness and contribute to the country’s economic growth.