Development of supporting industries in the industrialization and modernization strategy in Vietnam

Abstract

Industrialization and modernization are defined by the Party as central tasks during the transition to socialism. To build a modern industry requires the uniform development of the constituent elements of the industry. After nearly 30 years of national renovation, the cause of industrialization, the development of supporting industries is still inadequate, not meeting the requirements of the market economy. The article analyzes the characteristics and current status of the supporting industry in Vietnam and suggests some solutions to promote the industry to develop sustainably.