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Action Plan on Vietnam-Japan Industrial cooperation to be implemented

Released at: 17:00, 06/02/2015

Action Plan on Vietnam-Japan Industrial cooperation to be implemented

Deputy PM and Chairman of the Vietnam Industrialization Strategy, Hoang Trung Hai, directs ministries to work on the task.

by Hung Nguyen

Ministries are to urgently conduct the Action Plan for the Vietnam Industrialization Strategy within the framework of Vietnam - Japan cooperation towards 2020 and vision to 2030.

The overall objective of the strategy is to develop six priority industries: electronics, agricultural machinery, agricultural and fisheries processing, shipbuilding, environment and energy saving, and automobiles and parts, to promote technological innovation, labor productivity growth and international competitiveness, developing products with high value add and products with high technology, to meet quality standards on exports and domestic consumption, according to Deputy Prime Minister Hoang Trung Hai, Chairman of the Vietnam Industrialization Strategy.

To implement the Action Plan, the Deputy Prime Minister asked the Ministries of Finance, Science and Technology, Labor, Invalids and Social Affairs, Foreign Affairs, Education and Training, Natural Resources and Environment, Construction, and Health to work together with the State Bank of Vietnam, and the Ministries of Industry and Trade, Agriculture and Rural Development, Information and Communications, Transport, and Planning and Investment to urgently implement assigned tasks to implement action plans and reports from each sector to the Committee Chairman in April.

The Deputy Prime Minister also directed the Ministry of Planning and Investment to draft implementation programs by February 27 for each sector based on the working strategies of Ministries, for review and approval.

He also asked the Ministry of Planning and Investment to coordinate with the Ministry of Foreign Affairs and relevant ministries to prepare information on Vietnam’s industrialization process and potential products and sectors that may have cooperation with Japan, in order to support trading and investment in the country.

The Ministry of Planning and Investment must also coordinate with the Ministry of Foreign Affairs and the Ministry of Finance to promote resources from foreign partners and firms regarding Action Plan.

Regarding the automotive and parts industry, Deputy Prime Minister Hai directed the Ministry of Industry and Trade to urgently coordinate with other ministries and agencies to continue discussions with the Embassy of Japan to unify the content and complete the draft Action Plan for this industry, for submission to the Prime Minister in March.

  • TAGS
  • Vietnam
  • Japan
  • Industrialization Strategy

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