Added value: A file photo of motorcyles in Hanoi. Two-wheelers assembled in the country have achieved a localisation rate of 85%-95%. — Bloomberg
HANOI: Measures should be taken to bolster the development of Vietnam’s mechanical engineering sector, experts say.
Despite having about 3,100 mechanical engineering companies with 53,000 production facilities, the firms account for just 7% of the domestic market for engineering goods and services, according to the Vietnam Association of Mechanical Industries.
