Seminar seeks ways to develop industry

A seminar on developing industrial strategies and 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.

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

Shesaid 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 noted. 

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

Japan will assist Vietnam to develop 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 increasing FDI capital in Vietnam. 

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

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