THE PRIME MINISTER OF GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
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No. 177/2004/QD-TTg
Hanoi, October 5, 2004
 
DECISION
APPROVING THE PLANNING ON DEVELOPMENT OF VIETNAM’S AUTOMOBILE INDUSTRY TILL 2010, WITH A VISION TO 2020
THE PRIME MINISTER
Pursuant to the December 25, 2001 Law on Organization of the Government;
At the proposals of the Ministry of Industry in Official Dispatches No. 2042/CV-CLH of April 26, 2004; No. 2441/CV-CLH of May 19, 2004 and No. 3721/CV-CLH of July 26, 2004; and opinions of the Ministries of Planning and Investment, Science and Technology, Trade, Transport, Finance, Agriculture and Rural Development, and Defense, the State Bank of Vietnam and the Development Assistance Fund at the May 6, 2004 meeting at the Government Office,
DECIDES:
Article 1.- To approve the planning on development of Vietnam’s automobile industry till 2010, with a vision to 2020, with the following principal contents:
1. Development viewpoints
a/ The automobile industry is a very important industry which should be prioritized for development in order to contribute to efficiently serving the process of industrialization and modernization and building up national security and defense potentials.
b/ To rapidly develop the automobile industry on the basis of the world market and integration into the world economy; to select appropriate development steps, encourage specialization and cooperation in order to bring into play advantages and potentials of the country; and at the same time to actively participate in the process of labor distribution and international cooperation in the automobile industry.
c/ The development of automobile industry must be linked to the approved master planning on national industrial development and strategies on development of relevant industries in order to mobilize and bring into the fullest play resources of all economic sectors, with State enterprises playing the pivotal role.
d/ To develop the automobile industry on the basis of absorbing the world’ advanced technologies, together with stepping up research-development activities in the country and efficiently making full use of the existing material foundations and equipment in order to rapidly meet the domestic demand for common-use automobiles with competitive prices, create a motive force for the domestic supporting industries to develop so as to speed up the process of domestic manufacture of components and spare parts.
e/ The development of automobile industry must be in line with the national consumption policy and ensure its synchronism with the development of traffic infrastructure system as well as the requirements of environmental protection and improvement.