Mechanical development strategy vision until 2035

The Prime Minister approved the strategy of developing Vietnam's mechanical industry to 2025 with a vision to 2035.

Overall objective, by 2035, Vietnam's mechanical industry will be developed with the majority of specialized technologies with advanced technology, international quality products, deeper participation in the global value chain. , economical and efficient use of energy, equal competition in international integration; Professional, disciplined and highly productive labor force, active in the stages of research, design and manufacture of mechanical products, basically meeting the demand of mechanical products of the domestic market.

Overall goal, by 2035, Vietnam's mechanical industry will be developed with the majority of specialized technologies with advanced technology

In terms of exports, in the period to 2020, the export volume will reach 35% of the total mechanical output, the period by 2030 will reach 40%. By 2035, 45% of the total mechanical production will be achieved.

Specifically, by 2025, to concentrate on developing a number of automobile, tractor, agricultural, construction equipment, industrial equipment and electric equipment, capable of meeting basic requirements demand of economy and partly export; The labor force of the basic mechanical industry is qualified to meet the needs of modern production.

After 2025, to form a number of combination of consultancy and manufacturing contractors capable of mastering the designing and manufacturing of EPC sub-equipment and bidding packages of industrial projects; focus on supporting a number of domestic enterprises with the potential to become strong regional corporations in manufacturing such as automobiles, agricultural machines and electrical equipment; to form a system of industrial enterprises supporting the mechanical industry to meet direct supplier standards for complete product manufacturing enterprises, actively participate in global value chains, with medium and medium enterprises. small takes the leading role.

The strategy sets out policies to implement and continue reviewing and supplementing policies to promote the mechanical industry including tax incentives (Enterprise income tax, import tax), support measures investment and business support under the Investment Law in the direction of simplifying administrative procedures; continue to review, amend, supplement and perfect the system of mechanisms and policies to support the mechanical industry in accordance with the law on investment and commitment to international economic integration and socio-economic market orientation. meaning to create motivation for the development of Vietnam's mechanical industry, closely associated with dual-use industrial development; promote the development of supporting industries, increase the rate of domestic production value, build the domestic production and assembly of mechanical products and actively participate in the world mechanical production chain.

Focus on producing important mechanical products

The Prime Minister requested to focus on developing a number of basic materials for mechanical engineering, to take advantage of comparative advantages of domestic mineral resources with advanced, highly competitive and Environmental friendliness; creating markets in selected sub-sectors, creating a premise for the engineering industry to master technology and improve manufacturing capabilities. Issuing sanctions to protect domestic products that have been produced, in line with international commitments.

Attracting potential multinational manufacturing corporations and brands with attractive incentives to implement key and key investment support policies, especially focusing on real estate projects export important mechanical products, which are competitive, have large enough market capacity; At the same time, focusing on investment promotion for small and medium-sized enterprises, especially in the field of supporting industries, in the direction of selecting high-quality and high-value-added projects, using current technologies Great, environmentally friendly.

The State has policies to support enterprises in purchasing design, technology, technological innovation, production equipment, applying advanced technology and production management models to improve energy efficiency and financial efficiency. raw inputs, improving productivity, quality and competitiveness of mechanical products; diversify and differentiate products. Supporting the development and development of product brands or purchasing support to incorporate branded global businesses, including the R & D section to shorten the development process.

The State prioritizes investment in upgrading mechanical engineering training institutions, combining training with practice; funding support to send good officials and workers to train and practice abroad according to approved programs and projects, step by step building the force of general engineers and chief engineers.

The State has a mechanism of credit interest rates for investment and a working capital loan term for mechanical equipment manufacturers with a large enough market capacity; to build a mechanical industry information system to serve as a database for shared state and enterprise management agencies; promoting and promoting the role of professional associations in linking enterprises in the mechanical industry, overcoming the separation and dispersion in the mechanical industry.

Viet Anh (According to the http://kinhtedothi.vn)

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