Industry and trade in the northern high- and mid-lands should grow quicker than the country's average, a conference in the historic city of Dien Bien Phu was told on June 8.
But Deputy Industry and Trade Minister Nguyen Cam Tu warned that the 14 northern high- and mid-land provinces must first overcome challenges and mobilise their resources to take advantage of their opportunities.
Enhancement of the State management through better planning and proper policies was also required.
And the provinces needed to accelerate administrative reform and improve their ability to forecast trends in the commodity market to avoid speculation that would have a negative impact on local and regional industry and trade, he said.
The conference, organised by the Ministry of Industry and Trade, agreed the northern high- and mid-land provinces should target average yearly industrial growth of 20.5 percent within five years - 2.5 times more than between 2006-10.
The national industrial production value is expected to grow at a yearly average of 12.5-13.5 percent in 2011-15.
The target for the yearly growth of highland trade is set at 19.9 percent by 2015, more than double the figure of the last five years.
Total industrial production and trade value generated by the northern highland provinces since the beginning of the year has risen more than 33 percent against the same months of 2009.
The value of regional industrial production alone has reached 21 trillion VND (1.1 billion USD) since January./.
But Deputy Industry and Trade Minister Nguyen Cam Tu warned that the 14 northern high- and mid-land provinces must first overcome challenges and mobilise their resources to take advantage of their opportunities.
Enhancement of the State management through better planning and proper policies was also required.
And the provinces needed to accelerate administrative reform and improve their ability to forecast trends in the commodity market to avoid speculation that would have a negative impact on local and regional industry and trade, he said.
The conference, organised by the Ministry of Industry and Trade, agreed the northern high- and mid-land provinces should target average yearly industrial growth of 20.5 percent within five years - 2.5 times more than between 2006-10.
The national industrial production value is expected to grow at a yearly average of 12.5-13.5 percent in 2011-15.
The target for the yearly growth of highland trade is set at 19.9 percent by 2015, more than double the figure of the last five years.
Total industrial production and trade value generated by the northern highland provinces since the beginning of the year has risen more than 33 percent against the same months of 2009.
The value of regional industrial production alone has reached 21 trillion VND (1.1 billion USD) since January./.
