Prime Minister Nguyen Tan Dung has approved four action plans torealise the Vietnam Industrialisation Strategy under the framework ofVietnam – Japan cooperation through 2020 with a vision to 2030,according to the Government news portal.
The action plans settargets for four industries: Electronics, agricultural machinery,agro-processing, and environment and energy.
Major producer of electronic equipment
Vietnam expects to develop the electronics industry with advancedtechnology, high labour productivity by 2020 to be able to compete inthe regional and global markets.
Production value is projected toincrease at least 20 percent annually and contribute a minimum of 10percent to Vietnam’s overall industrial value by 2020.
Thecountry will strive to become a major producer of electronic equipmentwith smart and environmentally friendly technologies by 2030.
Toconcretise the above goals, Vietnam will focus on developing supportingindustries, human resources, domestic and foreign export market,attracting leading electronics manufacturers, developing key productsand establishing electronic industry clusters.
Agricultural machinery
The Government encourages manufacturers to supply agriculturalmachines on the basis of the real demand of farmers while inferiorlevels are tasked to develop a legal framework for healthy agriculturalmachinery business.
By 2020, total agricultural output isexpected to rise to 430 billion USD from 220 billion USD in 2010 and theaverage income per capita to reach 3,000 USD per year.
Agriculturesector is projected to contribute 15 percent to the gross domesticproduct and labor rate will fall from 49 percent in 2010 down to 30-35percent in 2020.
High-quality agricultural products
Vietnam will strive to become a trusted supplier of high-qualityagricultural products, develop 3-5 agricultural and fishery productsthat can help promote the image of Vietnamese trademark.
Typical products will include rubber, coffee, tea, shrimp, and vegetables and fruits.
Therole of enterprises will be strengthened to promote production-marketconnectivity and make sure their products are certified by VietGap,GlobalGap, and Rainforest.
The global demand for processing food is expected to increase to 997 billion USD by 2015 from 860 billion USD in 2010.
Encouraging environmental industry development
The Government encourages the development of environmental andenergy-saving industry through improving preferential mechanisms andpolicies to lure investment from all sectors in this area.
It will also improve the capacity to enforce legislation on environmental protection and energy saving.
Underthe Vietnam – Japan cooperation framework until 2020 with a vision to2030, Japanese Prime Minister Shinzo Abe said that his country wouldcontinue to closely cooperate in the implementation of Vietnam’s actionplans for the six key areas under its industrialisation strategy:Agro-fishery processing, electronics, automobile and its parts;agricultural machinery; environmental industry and energy conservation;and shipbuilding.-VNA
The action plans settargets for four industries: Electronics, agricultural machinery,agro-processing, and environment and energy.
Major producer of electronic equipment
Vietnam expects to develop the electronics industry with advancedtechnology, high labour productivity by 2020 to be able to compete inthe regional and global markets.
Production value is projected toincrease at least 20 percent annually and contribute a minimum of 10percent to Vietnam’s overall industrial value by 2020.
Thecountry will strive to become a major producer of electronic equipmentwith smart and environmentally friendly technologies by 2030.
Toconcretise the above goals, Vietnam will focus on developing supportingindustries, human resources, domestic and foreign export market,attracting leading electronics manufacturers, developing key productsand establishing electronic industry clusters.
Agricultural machinery
The Government encourages manufacturers to supply agriculturalmachines on the basis of the real demand of farmers while inferiorlevels are tasked to develop a legal framework for healthy agriculturalmachinery business.
By 2020, total agricultural output isexpected to rise to 430 billion USD from 220 billion USD in 2010 and theaverage income per capita to reach 3,000 USD per year.
Agriculturesector is projected to contribute 15 percent to the gross domesticproduct and labor rate will fall from 49 percent in 2010 down to 30-35percent in 2020.
High-quality agricultural products
Vietnam will strive to become a trusted supplier of high-qualityagricultural products, develop 3-5 agricultural and fishery productsthat can help promote the image of Vietnamese trademark.
Typical products will include rubber, coffee, tea, shrimp, and vegetables and fruits.
Therole of enterprises will be strengthened to promote production-marketconnectivity and make sure their products are certified by VietGap,GlobalGap, and Rainforest.
The global demand for processing food is expected to increase to 997 billion USD by 2015 from 860 billion USD in 2010.
Encouraging environmental industry development
The Government encourages the development of environmental andenergy-saving industry through improving preferential mechanisms andpolicies to lure investment from all sectors in this area.
It will also improve the capacity to enforce legislation on environmental protection and energy saving.
Underthe Vietnam – Japan cooperation framework until 2020 with a vision to2030, Japanese Prime Minister Shinzo Abe said that his country wouldcontinue to closely cooperate in the implementation of Vietnam’s actionplans for the six key areas under its industrialisation strategy:Agro-fishery processing, electronics, automobile and its parts;agricultural machinery; environmental industry and energy conservation;and shipbuilding.-VNA
