Party Central Committee member and Minister of Industry and Trade Tran Tuan Anh speaks at the discussion session (Photo: VNA)Hanoi (VNA) - Deeper integration into the global value chain whiledeveloping an increasingly independent and self-controlled economy are both arequirement and a solution to help Vietnam overcome the challenges to realise itsgoal of rapid and sustainable development, according to Party Central Committee member and Minister of Industry and Trade Tran Tuan Anh.
Anh made the statement in his presentation at discussions on January 28 during theon-going 13th National Party Congress.
Placing emphasis on the importance of the industrial sector, he said it hasbeen a driver for socio-economic development and the realisation of the country’sindustrialisation and modernisation.
Along with the achievements brought about by the “Doi Moi” (Renewal) policy, hehighlighted several challenges in industrial development. The sector at presentmainly engages in simple, low-added value processes such as assembling, a shortageof uniform development, and suffers from loose links in the sector itself and betweendifferent sectors.
The official emphasised the need to follow the Party’s view that while outsideresources are important, internal strength plays the decisive role. Therefore,it is necessary to sharpen the focus on promoting restructuring and improvingthe internal strength of the industrial sector, developing domestic enterprisesand major firms in digital transition and high technology that can play a keyrole in spearhead sectors.
The allocation of resources for development should be carried out in aneffective manner, he went on, while due attention should be given to promotingthe role of the non-State economic sector, particularly private enterprises,inmanufacturing, basic industries, services, wholesale and retail sales, andagricultural processing, among others.
Meanwhile,Y Thanh Ha Nie K’dam, alternate member of the Party Central Committee andSecretary of the Party Committee of the Central Enterprises’ Bloc, recommended thatthe Party and State adopt several measures to complete mechanisms and policiesto promote the sustainable development of State-owned enterprises, makingcontributions to ensuring the pivotal role of the State-run sector.
He also proposed setting up an organisation to take charge of the investment ofState capital in State-owned firms./.
VNA
