Push for breakthroughs in chemical-pharmaceutical development
Chemical-pharmaceutical industry is identified as one of the three key sub-sectors of pharmaceutical manufacturing.
Four key industries in HCMC see IIP rises of 20%
The city’s Department of Industry and Trade believes the growth in the Index of Industrial Production demonstrates a clear recovery in the local economy.
Deputy PM approves chemical industry development stategy
Deputy Prime Minister Le Van Thanh has approved the Strategy for the Development of Vietnam’s Chemical Industry to 2030 and Vision to 2040. By 2030, growth in the chemical industry is to average 10-11 per cent a year and the proportion of the chemical industry in all of industry is to reach 4-5 per cent. The strategy prioritizes the development of key sub-sectors and at the same time forms large-scale chemical complexes in order to build a complete chemical industry to meet domestic and export demand.
Chemical industry to be developed
The Ministry of Industry and Trade (MoIT) has submitted a report to the government on the development strategy for Vietnam’s chemical industry to 2030 and vision to 2040. By 2040, the industry will have a greater role in the global value chain.