The Prime Minister has just signed the Decision No. 1342/QD-TTg dated August 12, 2014 approving the plan of action to develop agricultural machinery industry in implementation of Vietnam’s industrialization strategy within the framework of Vietnam – Japan cooperation through 2020, with a vision toward 2030.
This Strategy shall be implemented to 2020 with the issues to encourage farmers to use agricultural machinery; to encourage manufacturers to supply agricultural machinery based on farmers’ demand such as supplementing and completing tax regulations so that factories assembling agricultural machinery may purchase some domestically manufactured parts; Building the capacity (equipment and training) of experimentation laboratories and centers for
quality inspection of agricultural machinery and to elaborate regulations to create a healthy environment for agricultural machinery trading.
It is planned that, total output value must reach USD 430 billion; achieve the targets of per-capita GDP of USD 3,000 for a population; these sectors’ GDP proportion of 15%; from the level of USD 740/person actually achieved in 2010 to the target of USD 2,000/person by 2020. For the rate of agricultural mechanization, the Prime Minister emphasizes that by 2020, this rate at the stages of soil preparation, sowing-planting- tending, harvest and processing will reach 95%, 70%, 70% and 80%, respectively.
This Decision takes effect on the signing date.
