Industrial zones need to integrate
Viet Nam needs to enhance the quality of industrial parks and zones to make them more deeply integrated into global production chains, economists told a workshop held here yesterday.
"It needs to build more specific policies for industrial zones in line with the country's ongoing integration process into the global economy," said Prof Nicola D. Coniglio from the University of Bari in Italy.
Participants at the workshop, held jointly by the Central Institute for Economic Management (CIEM) and the UN Industrial Development Organisation (UNIDO), agreed on the need for support industries to be more effectively developed in these zones.
"If we could build an effective support industry system, it would help Vietnamese enterprises reduce imports and reduce stress on balance of payments while enhancing competitiveness," said Deputy Minister of Planning and Investment Nguyen Van Trung.
Dr Tran Kim Hao from CIEM said setting up industrial parks and zones was fundamental to attracting investment and new technologies.
"Industrial parks and processing zones add an important dynamic to Viet Nam's economic development," said Hao, noting that they employ about 15 million workers.
The scale of the nation's 260 industrial parks remained small, however, with about half under 200ha.
"These are affected by outdated organisational models and technology and limited organisational efficiency, as well as a lack of connection between enterprises within the same industrial park," Hao said.
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