Tiếng Việt
Strive for growth rate of chemical industry from 10-11%/year
Industry development strategy chemical industry Vietnam to 2030, vision to 2040 (Strategy) with the view of rapid and sustainable development of the chemical industry, modern, friendly technology application environment, towards green growth and circular economy…
The strategy has set a target, striving to achieve an average growth rate of the chemical industry of 10-11%/year and the proportion of the chemical industry compared to the whole industry reaching about 4- 4 %. 5% by 2030.
In the period to 2040, the growth rate of the chemical industry will average from 7 to 8% per year and the proportion of the chemical industry compared to the whole industry will maintain about 4-5%.
In which, the group of petrochemical products, pharmaceutical chemicals, technical rubber, and basic chemicals will reach 10-12%/year in the period of 2021-2030; the period 2031-2040 average 8-11%/year. The group of fertilizer products, plant protection chemicals, chemical power products, cleaning products, industrial gases, tire products and paint – ink will reach 3-5%/year in the period of 2021- 2030 and the period 2031-2040 average 4-6%/year.
By 2030, maintain domestic demand for urea, phosphorus, NPK fertilizers, plant protection products, tires, industrial gases, paints and common printing inks, detergents, common batteries and developing export markets. Partially meet the domestic demand for ammonium sulfate fertilizer products. Increasing the average capacity of petrochemical products to meet domestic demand by 40%, plant protection active ingredients to 30%, basic chemicals to 70%, technical rubber to 40%, and batteries up to 40%. 75%.
By 2040, to meet a part of domestic demand for basic organic chemical products, special paints, high-tech batteries – accumulators; increasing the average capacity of petrochemical products to meet domestic demand to 60%, plant protection active ingredients to 50%, basic chemicals to 80%, technical rubber to 50%, batteries to 80%; strive for an average export growth rate of 9-11%/year in the period of 2021 – 2030, an average growth of 7.5 – 9%/year in the period of 2030 – 2040.
Development of the chemical industry in the direction of a modern, foundational industry
According to the Strategy, Vietnam’s chemical industry will develop towards a fundamental and modern industry with a relatively complete industry structure including 10 sub-sectors: fertilizers, pesticides, pharmaceutical chemicals, petrochemicals, basic chemicals (including explosive precursors and industrial explosives), rubber products, electrochemistry, detergents, paints – printing inks, industrial gases. In which, the focus is on the development strategy of a number of key sub-sectors: basic chemicals, petrochemicals, technical rubber, pharmaceutical chemistry and fertilizers.
Rearrange existing production facilities towards concentration and scale; maintain and develop production plants with advanced technology; minimize the formation of new and gradually eliminate small production establishments, using outdated technology, low resource efficiency, poor product quality, causing environmental pollution, etc. .
Strengthening the renovation, arrangement and improvement of business efficiency of state-owned enterprises in the chemical industry, improving the efficiency of using state capital in state-owned enterprises, overcoming scattered investment, spread out, ineffective.
The state only holds controlling shares in enterprises operating in basic key areas such as infrastructure of chemical industrial park, infrastructure of chemical business zone, chemical sub-sectors. priority substances, large investment capital or sub-sectors associated with national defense and security; encouraging private investment in the chemical sector, making the most of the internal resources of social investment, and developing domestic private enterprises have become an important driving force for the development of the chemical industry.
Strongly shifting the policy of attracting FDI in the chemical industry from quantity to quality and focusing, focusing, encouraging FDI projects to invest in priority fields and products, the project uses advanced, modern and environmentally friendly technology, bringing high socio-economic efficiency.
To develop the chemical industry in a concentrated way, suitable to the advantages of each region and each locality, not evenly distributed along administrative boundaries, ensuring requirements for environmental protection, national defense and security. . Form and effectively promote concentrated industrial zones and clusters, large-scale chemical complexes to attract chemical production projects, projects using chemicals for production in various fields. other, chemical logistics centers at locations with large enough land fund, far from residential areas, near deep-water ports, convenient for traffic connections, encouraging circular technologies, products, waste use of this plant as raw materials for other factories…
Source: Ministry of Industry and Trade
