Shift planned for National Industry Promotion Program

The NIPP has mobilized resources to support investment and production activities

Impressive figures

After five years of implementation, the NIPP has mobilized resources to invest in industrial and handicraft production, encouraged rural industrial facilities to improve the efficiency of using natural resources and raw materials; and reduced pollution levels. It also helped build 210 technical demonstration models of new products and technologies; and supported the participation of 4,363 rural industrial establishments in domestic and foreign trade fairs.

The most impressive result of the program is the establishment of a network of guidance units in all 63 provinces and cities across the country, which provides advice and direction for the implementation of national industrial production policies in each locality.

“Mobilized resources from the state budget allocated to localities during the implementation of NIPP are small compared with the demand, but the set targets have been achieved and even exceeded plans, reflecting great efforts of involved agencies in the program, and bringing a bright outlook for the development of local industries,” Minister Tran Tuan Anh said.

Integrating policies

The rural industry is an important component of Vietnam’s economic structure, especially as it creates new economic sectors with higher values compared to mere production activities. On the other hand, economic integration is creating a strong, pervading impact on all industries, including rural industry. Therefore, the NIPP’s future task is to help industrial production facilities access regional and global trade markets to keep up with the country’s integration trend.

The NIPP is forecast to face many difficulties and challenges due to limited resources. The rural industrial facilities themselves are small and super small, with limited financial and management capacities, preventing them from meeting the program’s requirements.

Therefore, Minister Tran Tuan Anh said, “To effectively adopt industry promotion policies, the launch of NIPP is not enough”, because given the integration context, the content of industry promotion policies must be synchronized with other aspects of state management. The question is how to achieve the integration of industry promotion policies with science and technology and trade promotion policies.

To continue promoting the effectiveness of the program, the Ministry of Industry and Trade has set out a number of key tasks, among them promoting the intensive development of rural industries, creating a breakthrough in improving productivity, quality and competitiveness of industrial and handicraft products in localities; expanding technical demonstration models, technology transfers and applications of advanced machinery.

It will also implement industry promotion activities synchronously with support programs on land, investment incentives, credit and especially science technology; establish and strengthen cooperative relationships with overseas agencies, units and foreign partners to promote local industrial programs.