THE MINISTRY OF INDUSTRY AND TRADE

Decision No. 9028/QD-BCT dated October 08, 2014 of the Ministry of Industry and Trade approving the master plan for supporting industrial development by 2020, with a vision to 2030
Pursuant to Decree No. 95/2012/ND-CP dated November 12, 2012 of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Industry and Trade;
Pursuant to Decree No. 92/2006/ND-CP of September 7, 2006 and Decree No. 04/2008 / ND-CP dated January 11, 2008 of the Government amending and supplementing a number of articles of Decree No. 92/2006/ND-CP on establishment, approval and management of master plan of socio-economic development;
At the request of the Director Department of Heavy Industry,
DECISION:
Article 1. Approving the master plan for supporting industrial development by 2020, with a vision to 2030
1. Development viewpoint
a) Development of supporting industry in accordance with conditions for social – economic development of the country and developmental trend of the world in order to meet the domestic needs of the processing, manufacturing and defense industries;
b) Development of supporting industry on the basis of creation of competitive advantage with other countries in the region and the world, in order to attract investment, access and meet the needs of multi-national corporations, increasingly participate in the production network and global value chains in these areas;
c) Industrial development and harmonious and sustainable support among industries, focusing on development in depth with breakthrough priority to create key elements for industrial development to ensure sustainable and environmentally-friendly development;
d) Development of supporting industry on the basis of mobilization of resources from all economic components, especially from enterprises with foreign invested capital and the local small and medium enterprise system.
2. Development objectives
2.1. General development
- Building and development of supporting industry to ensure the implementation of target by 2020 to make Vietnam basically become an industrial country having products of supporting industry with high competitiveness, meeting 45% of essential demand for production and consumption in the country and for export and exporting 25% of value of industrial production. By 2030, the products of supporting industry will meet 70% of demands for production and consumption in the country.
- By 2020, Vietnam has about 1,000 enterprises of supporting industry qualified for supply to assembling enterprises and multi-national corporations in the territory of Vietnam. By 2030, striving to reach a number of about 2,000 enterprises.
- About the value of industrial production, by 2020, the value of industrial production of supporting industry will make up 11% of value of industrial production of the whole industry and 14% by 2030.