The Prime Minister has approved the Master Plan for Socio-Economic Development of the Red River Delta to 2020, with the objective of increasing its contribution to the national GDP from 24.7 percent in 2010 to 26.6 percent in 2015 and 28.7 percent in 2020.
The Master plan stated that priority would be given to high quality services in the fields of transport, consultancy, design, invention – patent, finance – banking, telecommunication, education – training, high quality health care service, commerce, tourism and technology. It is targeted to achieve annual growth rate of the service sector in 2011 – 2020 of approximately 10 percent.
Tourism is planned to become the spearhead of the Red River Delta with investment in some national key tourist sites which are of international rank. It is targeted to attract about 17 – 18 million national and 3.2 – 3.5 international visitors by 2015 and roughly 24 – 25 million national and 4.5 – 5 million international ones by 2020.
Regarding industrial development, the Red River Delta will focus on promoting industries with competitiveness, comparative advantages, high localisation value and potential to deeply join global value chains, such as: electronics, information technology, telecommunication, mechanical engineering; ship and marine vehicle building and repair; high quality steel and new construction materials; chemicals – pharmacy; food processing industry and textile-garment and leather footwear.
Among those, priority will be laid on in-depth development of electronic industry and information technology, mechanical engineering and ship building – repair, manufacturing steel of high quality and for special use. Pharmacy, agro-forestry and aquaculture and food processing will have their scopes expanded in engagement with material zones.
Textile-garment and leather footwear will be developed in the direction of export and for national consumption, while supporting industries such as fibre, thread, dying, and product design will be promoted to gradually shift from outworking to product localisation by 2020.
Vietnamese
