Vietnam has begun their study on the list of key industries that the country should focus on, in order to ready themselves to be a developed and high income country beyond 2030. Teams have roughly focused on areas such as exports, renewable energy, data analysis services, new energy, energy processing but would continue to exchange and brainstorm for more ideas and possibilities.
Regardless of the key industries, the country has identified that science and technology would be the number one enabler to propel Vietnam towards industrialisation and modernisation for the medium to long term. Application of the latest technology 4.0 would also advantage the country’s vision of sustainable growth.
The key industries would be those that are fundamental to the growth of other sub-sectors, defense-related or allow for the provision of essential needs for people’s livelihood amongst others. These key industries should also be able to leverage Vietnam’s competitive advantages and allow for internationalisation beyond the country.
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