Vietnam sets up Steering Committee for industrialisation strategy
The Prime Minister has decided to establish a Steering Committee for Vietnam’s industrialisation strategy as part of a cooperation agreement with Japan by 2020, with a vision to 2030.
The Steering Committee for the strategy will be led by Deputy PM Hoang Trung Hai while Minister of Planning and Investment Bui Quang Vinh will be assigned as Deputy Head.
Under the Vietnam’s industrialisation strategy approved by the Prime Minister in 2013, six industries will be prioritised for development in Vietnam as key to the national economy, including: electronics, agricultural machinery, agricultural and seafood processing, ship building, the environment and energy conservation and manufacturing cars and spare parts.
These industries are considered to be able to promote domestic and foreign investment, especially from Japanese enterprises and spread "technological seeds" to other industries and the economy in general.
The committee will also include the Minister of the Information and Communications, deputy ministers of eight other ministries, and a vice chairman of the Government Office. Meanwhile, guest members will consist of the Japanese Deputy Minister of Economy, Trade and Industry and the Japanese Ambassador to Vietnam.
The committee is responsible for assisting the Prime Minister direct ministries, sectors and localities to design and implement action plans, mechanisms and policies related to the strategy.
It is also assigned to cooperate with Japan to promote Japanese investment in the six prioritised industries.
The committee is tasked with working with authorised agencies to solve obstacles of regulations, procedures, and interdisciplinary issues in order to support enterprises investing and operating in six prioritised industries.
It is assigned to monitor and evaluate the implementation of the goals of six selected industries to develop as the strategy.
In the first seven months of 2015, Japan was the fifth largest foreign direct investor in Vietnam with 176 new and 82 expanded projects with combined capital of 716 million USD, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Under the Vietnam’s industrialisation strategy approved by the Prime Minister in 2013, six industries will be prioritised for development in Vietnam as key to the national economy, including: electronics, agricultural machinery, agricultural and seafood processing, ship building, the environment and energy conservation and manufacturing cars and spare parts.
These industries are considered to be able to promote domestic and foreign investment, especially from Japanese enterprises and spread "technological seeds" to other industries and the economy in general.
Photo for illustration
|
The committee is responsible for assisting the Prime Minister direct ministries, sectors and localities to design and implement action plans, mechanisms and policies related to the strategy.
It is also assigned to cooperate with Japan to promote Japanese investment in the six prioritised industries.
The committee is tasked with working with authorised agencies to solve obstacles of regulations, procedures, and interdisciplinary issues in order to support enterprises investing and operating in six prioritised industries.
It is assigned to monitor and evaluate the implementation of the goals of six selected industries to develop as the strategy.
In the first seven months of 2015, Japan was the fifth largest foreign direct investor in Vietnam with 176 new and 82 expanded projects with combined capital of 716 million USD, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
15:17, 2024/11/04
Hiring multitaskers: Priority for Hanoi companies
Several sectors experience increased hiring demand in the remaining months of 2024
18:17, 2024/11/03
Hanoi seeks partnerships to build skilled workforce for digital transformation
Vocational training institutions play important roles in developing a quality workforce prepared for large companies.
18:35, 2024/10/30
Hanoi to host Vietnam-Asia Smart City Summit 2024
The summit aims to share best practices and promote cooperation among Vietnam's provinces and cities in building and developing smart cities.
15:53, 2024/10/29
Vietnamese spend $8.9 billion on ecommerce
The total transaction volume in the Jan-Sep period increased by 37.7% compared to the same period last year.
14:48, 2024/10/29
Hanoi steps up inspections to crack down on unsafe food
The purpose of the survey is to gain a thorough understanding of the local food safety situation and to identify non-compliance promptly, allowing for corrective actions to be taken to mitigate health risks.
22:24, 2024/10/23
SEMIEXPO Vietnam 2024 to foster growth of semiconductor industry
The exhibition aims to develop the ancillary industry ecosystem and attract investment from the world's leading semiconductor companies.
- Hanoi targets double-digit growth over next decade
- Hanoi's industrial production shows positive growth
- Hanoi launches Vietnamese Fashion Product Brand Festival 2024
- Exhibition promotes Hanoi's key industrial products
- New partnerships forged at Hanoi Industrial Development Conference
- Hanoi addresses administrative challenges through dialogues