Developing Vietnam's chemical industry is a fundamental, modern industry that creates economic efficiency.

Vietnam Chemical Industry - a fundamental economic and technical industry, making important contributions to the construction and development of the country's economy and society. The development of Vietnam's chemical industry towards a fundamental, modern industry with a relatively complete industry structure including 10 sub-industries such as fertilizers, pesticides, pharmaceuticals, petrochemicals, basic chemicals including explosive precursors and industrial explosives, rubber products, electrochemistry, detergents, paints - printing inks, industrial gases.

Along with promoting innovation, reorganizing and improving the business efficiency of state-owned enterprises in the chemical industry, improving the efficiency of using state capital in state-owned enterprises, overcoming scattered, ineffective investment. The state only holds controlling shares in enterprises operating in key fundamental areas such as infrastructure of chemical industrial parks, infrastructure of chemical business zones, priority chemical sub-sectors, large investment capital or sub-sectors related to national defense and security. Encouraging private investment in the chemical sector, maximizing the internal strength of social investment, developing domestic private enterprises to truly become an important driving force for the development of the chemical industry. Strongly shift the policy of attracting FDI in the chemical industry from quantity to quality and focus, encourage FDI projects to invest in priority fields and products, projects using advanced, modern, environmentally friendly technology, bringing high economic and social efficiency. Develop the chemical industry in a concentrated direction, in accordance with the advantages of each region and locality, not evenly distributed according to administrative boundaries, ensuring the requirements of 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 other fields, chemical logistics centers in locations with large enough land funds, far from residential areas, near deep-water ports, convenient traffic connections, encourage circular technologies, products, unused waste of this factory as raw materials for other factories. Gradually relocate and concentrate chemical factories into industrial parks and clusters for centralized management, not allowing dangerous chemical facilities that do not ensure safe distances, do not meet standards and technical regulations on safety, environment and fire prevention and fighting in residential areas and crowded places. Harmoniously combine breadth and depth of development, rapid and sustainable development of the chemical industry, application of modern, environmentally friendly technology, adaptation to climate change, effective use of natural resources, towards green growth and circular economy; apply digital transformation and digital technology to increase the efficiency of production and business activities in the chemical sector. [caption id="attachment_1262498" align="aligncenter" width="800"] Photo Collection[/caption] Building a chemical industry with a relatively complete structure, including the production of production materials and consumer goods, serving many other industries; increasingly meeting domestic demand and boosting exports; focusing on prioritizing the development of a number of key sub-sectors such as basic chemicals, petrochemicals, technical rubber, pharmaceutical chemicals, fertilizers, etc. Forming a value chain, deeply participating in the production network of Vietnam's and the region's industrial sector. Using resources rationally and economically; applying modern technology, digital economy and digital transformation to increase added value, enhance the competitiveness of the industry, promote capital accumulation of economic groups operating in the chemical sector. Vietnam's chemical industry is developed with the majority of sub-sectors having advanced technology, product quality meeting international standards, deeply participating in the global value chain, using energy economically and efficiently, competing equally in international integration; professional, disciplined and highly productive workforce; initially proactive in research, design, manufacturing, mastering the technology to produce a number of high-quality products; promoting internal resources, contributing to the development of an independent and self-reliant Vietnamese economy. By 2030, maintain the level of meeting domestic demand for urea, phosphate, NPK fertilizers, plant protection products, tires, industrial gases, common paints and inks, detergents, common batteries and develop export markets. Meet part of the domestic demand for ammonium sulfate fertilizer products. Increase the ability to meet the average domestic demand of petrochemical products to 40%, plant protection active ingredients to 30%, basic chemicals to 70%, technical rubber to 40%, batteries to 75%. In particular, invest in new, expand, modernize, and increase the production capacity of caustic soda and commercial sulfuric acid of existing production facilities. Invest in projects to produce caustic soda flakes and chlorine-based products to meet the caustic soda-chlorine demand for petrochemical and refining projects, alumina mining and processing projects, etc. Invest in research on apatite ore selection technology of type II and type IV. Improve the technology of yellow phosphorus production facilities, ensuring increased efficiency and safety in production. Invest in the production of thermal phosphoric acid and derivatives, products of high economic value from phosphorus; invest in the production of ammonia to meet the demand for DAP production and other consumers; produce nitrate salts, basic organic chemical products, solvents, etc. Develop industrial explosive products in the direction of increasing destructive power, reducing smoke, dust, increasing water resistance time, high safety, developing products with non-standard sizes; Industrial explosive accessory products meet special requirements such as differential numbers, tensile strength, impact, reliability when mining tunnels are increasingly deep, the terrain is complex. Forming concentrated chemical industrial parks and logistics centers with research, encouraging investment in forming complexes, concentrated chemical industrial parks and logistics centers to attract chemical production projects, projects using chemicals for production in other industrial fields; at locations with large enough areas, far from residential areas, near deep-water ports, convenient for traffic connections; with full infrastructure for production and services, ensuring requirements on safety, environment, sustainable development. Innovating the management institution of investment activities in the chemical industry to ensure investment incentives for petrochemical, pharmaceutical, basic chemical, and rubber projects according to the provisions of law; Create conditions for priority projects to access preferential regimes on tax, land, labor... Create equality between economic sectors, especially focusing on further enhancing the role of the private economic sector through effective implementation of property rights protection and equality in access to resources. [caption id="attachment_1262499" align="aligncenter" width="500"] Photo Collection[/caption] Building a database of investment projects in the chemical sector, applying digital technology to improve operational efficiency, creating competitive advantages in the market and sustainability of chemical industry activities, innovating policy mechanisms, promoting administrative procedure reform to meet development requirements. Promoting administrative reform, especially administrative procedures, simplifying processes and procedures, drastically reducing time and costs in implementing administrative procedures; improving the quality of public administrative services, creating the most favorable conditions for the operations of businesses and people. Improving investment and production efficiency at enterprises by implementing focused and key investment policies; only starting construction of works and projects that have ensured sufficient conditions such as premises, investment capital, human resources for implementation; calling on large, multinational corporations to participate in investing in important projects; Strengthen international cooperation in developing the chemical industry, especially high-tech industries.

Phuong Quang