Deputy Prime Minister Hoang Trung Hai called upon relevant Ministries and agencies to rapidly implement the action plan for the Vietnam Industrialisation Strategy (VIS), a part of the Vietnam-Japan cooperation framework through 2020.

The ministries involved include that of Finance; Science and Technology; Labour, Invalids, and Social Affairs; Foreign Affairs; Education and Training; Natural Resources and Environment; Construction; Industry and Trade; Agriculture and Rural Development; Planning and Investment; and Transportation, as well as the State Bank of Vietnam.

They have been asked to carry out their assigned tasks in a timely fashion, including submitting reports to the Deputy Minister, who is also head of the Steering Committee for VIS, by April of this year.

Under the strategy approved by the Prime Minister on July 1, 2013, priority is given to developing the electronics, agricultural machinery, agricultural and seafood processing, ship building, environment and energy saving, and automobile and spare parts manufacturing industry.

The development of these industries is expected to nurture high value-added products, boost technological innovation and productivity, and improve global competitiveness of local firms.

The Ministry of Planning and Investment was assigned to supervise the implementation progress of the action plan and conduct research on potential products or areas for cooperation with Japan.

Additionally, it will collaborate with the Ministries of Foreign Affairs and Finance to seek support from foreign partners and enterprises for the projects stipulated within the plan.

Meanwhile, the Ministry of Industry and Trade will work with the Japanese Embassy to finalise an action plan for the development of the automobile and spare parts manufacturing industry in March 2015.-VNA