Strong structure of the industry in the period of 2018-2020

Deputy Prime Minister Trinh Dinh Dung has just signed Decision 598 / QD-TTg approving the Plan of restructuring the industry (industry) for the period of 2018 – 2020, with a view to 2025.

Accordingly, in the period to 2020, the proportion of industry and construction in GDP will reach 30-35%, the industrial growth rate is higher than the GDP growth rate; the proportion of processed and manufactured goods in the total export turnover will reach 85 – 90%; labor in industry and construction accounts for 25-30%; The growth rate of investment and the number of enterprises in industry is higher than the average growth rate of the whole society.

The annual growth rate of labor productivity in industry is 5.5% higher; narrowing the gap in indicators of industrial competitiveness compared to ASEAN-4 countries; The contribution of the group of high-tech industries in the manufacturing and processing industry and the private sector in the following year is higher than that of the previous year in terms of number of enterprises, number of employees and turnover; The growth of value added of manufacturing and processing industry (MVA) reaches 8-10% on average.

According to the plan, in the period 2018 – 2025, it will promote and improve productivity, quality and value added in industries. Build and upgrade the value chain of products of industries such as textiles, garments, footwear, chemicals, food, electronics …

According to P.N
Nguoi Lao Dong