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Vietnam enhances industry cooperation with Japan

Deputy Prime Minister Hoang Trung Hai called upon relevant Ministries and agencies to rapidly implement the action plan for the Vietnam Industrialisation Strategy (VIS), a part of the Vietnam-Japan cooperation framework through 2020.
Deputy Prime Minister Hoang Trung Hai called upon relevant Ministriesand agencies to rapidly implement the action plan for the VietnamIndustrialisation Strategy (VIS), a part of the Vietnam-Japancooperation framework through 2020.

Theministries involved include that of Finance; Science and Technology;Labour, Invalids, and Social Affairs; Foreign Affairs; Education andTraining; Natural Resources and Environment; Construction; Industry andTrade; Agriculture and Rural Development; Planning and Investment; andTransportation, as well as the State Bank of Vietnam.

They have been asked to carry out their assigned tasks in a timelyfashion, including submitting reports to the Deputy Minister, who isalso head of the Steering Committee for VIS, by April of this year.

Under the strategy approved by the Prime Minister on July 1, 2013,priority is given to developing the electronics, agricultural machinery,agricultural and seafood processing, ship building, environment andenergy saving, and automobile and spare parts manufacturing industry.

The development of these industries is expected tonurture high value-added products, boost technological innovation andproductivity, and improve global competitiveness of local firms.

The Ministry of Planning and Investment was assigned to supervise theimplementation progress of the action plan and conduct research onpotential products or areas for cooperation with Japan.

Additionally, it will collaborate with the Ministries of ForeignAffairs and Finance to seek support from foreign partners andenterprises for the projects stipulated within the plan.

Meanwhile, the Ministry of Industry and Trade will work with theJapanese Embassy to finalise an action plan for the development of theautomobile and spare parts manufacturing industry in March 2015.-VNA

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