Sustainable Industrial Development in Vietnam

Abstract

Vietnam is one of the countries with the highest industrial growth rate in the world. However, growing in the industry is based on the width factor and labour - intensive industries and assembly. The goal set out to 2030 is to turn Vietnam into a Middle-Income Country (MIC) with a modern industry that poses many challenges, requiring the industry to need stronger restructuring to improve competitiveness, competition and deeper participation in global value chains. From the analysis of the current situation of industrial development in Vietnam, the article identifies the limitations in the sustainable development of Vietnam's industry and gives orientations and solutions to promote the sustainable development of Vietnam's industry in the context of Industrial Revolution 4.0 and the digital economy.