Sat. Dec 9th, 2023

A seminar on industry strategies and developing clusters was held in Hanoi on March 28.

The event, jointly organised by the Vietnam Chamber of Commerce and
Industry (VCCI) and the Japan Economic Foundation (JEF), offered a
chance for participants to discuss issues relating to the development of
some potential industries, as well as measures to boost Vietnam’s
industrialisation and turn it into an industrialised country by 2020.

Speaking at the seminar, VCCI General Secretary Pham
Thi Thu Hang suggested that during the globally economic integration,
Vietnam should improve its competitiveness, work out strategies and
focus on developing clusters of industries to achieve set targets.

Hang said the Vietnam-Japan economic partnership agreement and joint
statements are opportunities for Japan to help Vietnam build an
industrialisation strategy.

These documents can also
bridge the two countries’ businesses and help Vietnam attract
foreign direct investment (FDI). In 2012, Japan remained Vietnam’s
largest FDI supplier, in both the number of projects and capital, Hang

Noriyuki Yonemura, JEF Secretary-General,
said that Japan has used industry strategies as an important tool of
its Government to develop the sector, adding that experiences gained
during its industrialisation can help Vietnam boost its own process.

Japan will assist Vietnam in developing
support and electronics industries and food processing, he said,
expressing his hope that with the development of Vietnam, Japan will
find more investment opportunities, thus contributing to intensifying
FDI capital in Vietnam .

At the event,
participants exchanged views on potential sectors that both countries
prioritise, including household electricity, electronic, food
processing, shipbuilding, farming machines, environment, energy saving
and automobile manufacturing.-VNA

By vivian