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
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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.
