HA NOI (VNS)- The Ha Noi Supporting Industry Business Association (HANSIBA) yesterday announced its operation, becoming the first one of its kind in Viet Nam with an aim to develop support industries in the country.

Nguyen Hoang, the association’s chairman, said the association would be destination for thousands of support industry enterprises in Ha Noi which looked for solutions to improve co-operation efficiency of its members.

It would also organise and assign associated production co-operation with international businesses, especially those from Japan to increase efficiency for enterprises.

It targeted to have 150 members engaging in support industries by 2014 and 500 ones by 2018 as well as around 1,500 associated members later. Its members would contribute VND2.5 trillion (US$119 million) to the State budget by 2018 and creating jobs for 500,000 people. — VNS