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Maroc Maroc - WN.COM - Environment - 29/12/2025 02:09

Experts discuss measures to escape processing trap

According to economists and industry insiders, the majority of domestic enterprises remain positioned at the bottom of the value curve. HÀ NỘI — Localisation rates in many key industries remain low, with textiles and footwear at around 45–50 per cent, mechanical engineering at 15–20 per cent, and automobile assembly at just 5–20 per cent, well below the 40 per cent localisation target, recent statistics from the Ministry of Industry and Trade showed. This poses an urgent requirement to find solutions to upgrade the position of Vietnamese enterprises, enabling them to escape the “processing trap” and participate more deeply in stages that generate higher value added, said economists...

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