Phu Yen Industry in the process of international economic integration

Chủ nhật - 12/05/2019 21:05 250 0
Phu Yen has many potentials for industrial development. In theprovincial economic development strategy, industry is always identified as akey economic sector; be concretized through investment incentive policies. Inrecent years, Phu Yen Industry has gained many important achievements. Inparticular, in the context of the industrial revolution 4.0, the process ofrestructuring the industry and trade of Phu Yen needs appropriate developmentorientations for development.
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Workers are working at PYMEPHARCO Joint Stock Company

The first step bases

Phu Yen hasmany potentials for industrial development with abundant agricultural, forestryand aquatic resources; Rich and diverse mineral resources, large reserves, higheconomic value, capable of producing many commodity products in accordance withthe needs of the domestic market and export.

In order toexploit and promote the potentials and strengths available, Phu Yen hasadjusted and supplemented the industrial planning to 2020 and vision to 2030.In which, the province identified priority development industries such as:agricultural - forestry - fishery processing associated with planning ofmaterial areas; pharmaceuticals, textiles, products from new technologies,software and digital content industries, chemicals, energy, electronics,telecommunications and information technology, manufacturing mechanics,supporting industries as a premise to build key economic sectors.

In order totimely meet the needs of industrial development, Phu Yen has formed 14industrial parks and clusters with relatively complete infrastructure that hasfacilitated production and business enterprises effectively. As a result, PhuYen Industry continues to maintain a high growth rate, basically following theorientation of the provincial Socio-Economic Development Master Plan;contributing to the economic restructuring in the direction of rapidlyincreasing the industrial proportion, the strongest increase is the proportionof processing and manufacturing industries; The structure of industrial productexports has shifted towards increasing high value-added products.

Specifically,by the end of 2018, the province's industrial production value reached morethan VND 17,000 billion; the proportion of industry - construction industryaccounts for 29.84%; the economic growth rate of industry is 10.75%; totalexport turnover is 146.5 million USD. Investment capital in the industry hascontinuously increased, attracting many economic sectors to participate.

In 2018, theprovince attracted 12 more investment projects in industrial parks, withregistered investment capital of VND 5.135 billion and USD 2.75 million.Accumulated number of projects registered in Nam Phu Yen Economic Zone andindustrial zones up to now is 95 projects, with a total registered investmentcapital of nearly 9.950 billion and nearly 26 million USD. New productioncapacity and new products have significant development; Many businesses haveactively invested in, innovated machinery, equipment and technology in themodern direction ... to match the 4.0 trend.

Opportunities and challenges

Theindustrial revolution 4.0 forecast will create very powerful impacts on everyaspect of socio-economic activities on a global scale. In this context, theprocess of restructuring the Industry and Trade sector needs to haveappropriate development orientations to develop in the coming time.

Specifically,Phu Yen Industry and Trade sector continues to attract investment capital fromforeign enterprises in many fields, especially in information technology, hightechnology, and artificial intelligence. Association, the premise forindustrial development in accordance with the trend of industry 4.0.

In thiscontext, the enterprises of the province also have many opportunities to accessadvanced management skills, scientific and technical advances of the world,especially the achievements of 4.0 to create a breakthrough in develop. Inaddition, the infrastructure of industrial parks and complexes and economiczones, which are being invested and completed, is a favorable opportunity forthe industry to attract and receive FDI capital sources for fast andsustainable development.

Orientation and solutions for development

From theachievements of the industry sector over 30 years of development and thecomments on the impacts, opportunities and challenges of 4.0, Phu Yen Industryis oriented to develop the industry in a multi-disciplinary direction area; toquickly develop industries and products with high scientific and technologicalcontents and high added values, suitable to the development trend of industry4.0.

Inparticular, focusing on developing priority and spearhead industries andsupporting industries in order to create a breakthrough development for theprovincial economy and boost the economic structure in the direction ofincreasing the industrial proportion, bringing Phu Yen to basically become anindustrial province.
Specifically,Phu Yen will prioritize the development of the agro-forestry-fishery processingindustry, food and beverages in the modern direction; develop chemical industryin the direction of using high technology, creating products with good quality,competitive prices, minimizing environmental pollution.

From theseorientations, Phu Yen Industry and Trade industry has introduced some solutionsto develop the Industry under the impact of 4.0. In particular, the industrialsector must conduct a strong restructuring towards promoting the attraction ofhigh technology projects, clean and environmentally friendly technology,supporting industries; improve the efficiency of production capacity,competitiveness and productivity of traditional industries through innovationand application of advanced technology and improve the qualifications andskills of workers.

At the sametime, implement the policy of attracting and training to improve thequalifications and quality of human resources, especially high-qualified humanresources in accordance with 4.0. Regularly provide additional training for thelow-skilled workforce, giving priority to knowledge and skills related to theapplication of information technology, automation, information management andanalysis capabilities; effectively use the capacity of the contingent ofscientific and technological staff.

Finally needto strengthen the state management, continue to improve the investmentenvironment, promote administrative reform, transparency of mechanisms andpolicies; create favorable conditions for land fund, land and technicalinfrastructure to attract investment in production development, increase theoccupancy rate of industrial parks and clusters in the province.

Source: Phu YenNewspaper
Translated by HAI LOAN

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