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Preferential policies for the engineering sector were approved by the government, but a thorough implementation of these is unseen. Engineering enterprises are currently striving to increase the local content of their products, which is part of the sectoral development strategy and was discussed at a recent seminar on solving issues with key mechanical projects.

To improve competitiveness and make a breakthrough in the development of engineering sector of Vinacomin, Chairman of Vinacomin Member Council Le Minh Chuan asked for a closer cooperation and coordinate among the member units and to work out development strategies to develop the engineering sector of the group.

PM Nguyen Tan Dung chaired a conference in Ha Noi on April 11 to review the development of the country’s mechanical engineering sector under a related strategy.