Vietnam eyes 500 hi-tech manufacturers
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Vietnam eyes to have 500 manufacturers of hi-tech products and 200 agriculture companies using hi-tech applications as of 2030.
The government also targets to increase the export value of hi-tech products to about 60 percent of the total export value in the manufacturing and processing industry, according to National High-Tech Development Program 2030 recently issued by Prime Minister Nguyen Xuan Phuc.
It also seeks to develop and master 20 high technologies as part of a tech list prioritized for investment and development in the region.
Funding for the program comes from state coffers, organizations, and private companies.
Questions & Answers
Q.What specific targets has Vietnam set for its hi-tech sector by 2030?
What specific targets has Vietnam set for its hi-tech sector by 2030?
By 2030, Vietnam aims for 500 hi-tech product manufacturers and 200 agriculture companies using hi-tech applications. It also targets increasing hi-tech product exports to 60 percent of the total manufacturing and processing export value.
Q.Which government initiative outlines these hi-tech development goals?
Which government initiative outlines these hi-tech development goals?
These targets are outlined in the National High-Tech Development Program 2030. This programme was recently issued by Prime Minister Nguyen Xuan Phuc and includes plans for technological mastery and investment.
Q.Where will the funding for Vietnam's high-tech development programme come from?
Where will the funding for Vietnam's high-tech development programme come from?
Funding for the National High-Tech Development Program 2030 will originate from a combination of sources. These include state coffers, various organisations, and contributions from private companies.
Q.How many high technologies does Vietnam aim to develop and master?
How many high technologies does Vietnam aim to develop and master?
Vietnam aims to develop and master 20 high technologies. These specific technologies are part of a prioritised list for investment and development within the region, as outlined in the programme.
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