Hanoi, Nov 4 (SocialNews.XYZ) Vietnam strives to be among the top three Southeast Asian countries in terms of industrial competitiveness by the end of this decade, Vietnam News on Monday cited the goal proposed by the Ministry of Industry and Trade as saying.
The country's industrial sector aims to have over 40 per cent share in gross domestic product (GDP) by 2030. The manufacturing and processing industry alone is expected to account for around 30 per cent of the GDP, according to the ministry's action plan.
The average per capita value added in the manufacturing and processing industry per capita is expected to reach over 2,000 US dollars.
To achieve this goal, Vietnam aims to establish several large-scale industrial corporations and enterprises with international competitiveness in basic, priority and key industries, Xinhua news agency reported.
Vietnam's national index of industrial production advanced 8.34 per cent year on year in the first nine months of this year, according to the latest update by the General Statistics Office.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.