DEVELOPMENT ORIENTATION

For the Red River Delta:

 

– To develop the Red River Delta as the country’s pioneer-region in carrying out  “breakthrough” strategy, economic restructure, successful innovation of growth model to become the national leading economic development area.

 

– To increase the contribution to national GDP from 24.7% in 2010 to 26. 6% in 2015 and 28.7% in 2020; raise the income per capita to $USD 2,500 in 2015 and about $USD 4,180 in 2020 (equal to one third of the country’s average); strive to increase the region’s agricultural proportion in the national GDP to 7 – 7.5%,  industry & construction to 45-47%, service proportion to 46-48% by year 2020.

 

– To give priority to the development of high quality services in the fields of transportation, consultancy, design, invention, finance – banking, telecommunications, education – training, high-quality medical treatment, trade, tourism, science and technology; strive to raise the annual growth of the service sector to 10% in the period of 2011-2020.

 

– To focus on the development of industries which have competitive and comparative advantages, high localization value, capable of deeply involving in global value chains, such as: electronics, information technology, telecommunications, mechanical engineering; repair and building of marine vessels and facilities; production of high quality steel and construction materials; chemical – pharmaceutical production; food processing; textile and leather – footwear industry.

 

– To develope tourism as a spearhead economic sector of the region; develop some national key tourism estates of international stature; strive to attract about 17 – 18 million domestic visitors and 3,2 – 3,5 million international tourists in 2015; attracting 24 – 25 million domestic visitors and 3,2 – 3,5 million international tourists in 2020.

 

For the northern midlands and mountains region:

 

– The Prime Minister has promulgated the overall planning of social – economic development of the Northern midlands and mountainous region by 2020. Accordingly, the average GDP growth is to reach 7.5% in the period of 2011 – 2015 and 8% in the period of 2016 – 2020; income per capita:~USD 2,000; export turnover growth: 16 – 17% per year; the ratio of technology innovation : 20% per year;  budget revenue in GDP: 12% by 2015, and 13% by 2020.

 

– Four sectors are selected for prioritized investment:

 

+ Infrastructure development: roadway, railway, airway and inland waterway;

 

+ Development of  advantageous industries: food processing, mining, mineral processing;

 

+ Development of supporting industries in association with development of industrial zones and border economic zones;

 

+ Further attraction of investment in service sector in association with promotion of products brands, especially agri-products.

 

 The North Central region:

 

– To accelerate the economic restructure towards industrialization and modernization; develop infrastructure, construct nucleus urban system, attach economic development with social justice; reduce the gap in living standard; combine economic development with National security and ecological environment protection.

 

– To consider industrial sector the focal industry in the regional economic development orientation; focus on developing key industries such as petrochemical refinery, mining; agro-forestry- seafood processing, especially for for exportation; textile, leather, garment; ship repair and building; development of  advantageous services such as seaport, international telecommunication, finance and banking.

 

– Development orientation for agriculture: To develop agriculture comprehensively basing on advantages of individual region; pay most attention to insdustrial plants such as groundnut, sugarcane, mulberry, tobacco, pepper, etc; focus on intensive cultivation of wet rice and crops in the coastal and plain areas.

– Develop marine economy in association with aquaculture and fishing; take the advantages of coastal lands and islands to exploit the rich ocean extensively.

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