On September 29, the Ministry of Industry and Trade organized the 3rd Patriotic Emulation Congress (term 2020-2025). Politburo member and Standing Deputy Prime Minister Truong Hoa Binh attended and directed the event. 

In his speech at the congress, Minister of Industry and Trade Tran Tuan Anh emphasized that the industry’s patriotic emulation movements have brought about practical results, promoting the strength of the whole industry, making an important contribution to well completing the tasks assigned by the Party, State and People.

In the 2016-2020 period, industrial production was consolidated, continuing to maintain an important role in national socio-economic development. On average, industry accounts for 30% of GDP and also contributes the most to the state budget.

Mr. Truong Hoa Binh delivered his speech at the event. Photo: VGP

Industrial production maintained a high growth rate of 8% a year. Domestic trade had an average growth rate of more than 9% a year, contributing 12-13% of GDP, attracting about 12.1% of the total social workforce. 

In international economic integration, many bilateral and multilateral trade agreements have been signed, especially new generation free trade agreements such as CPTPP and EVFTA, creating opportunities for Vietnam to continue to complete economic legal institutions and promote the process of renewing the growth model and restructuring the economy.

With the achievement, the ministry was honored to receive the Government’s Emulation Flag; 5 individuals were presented the first-class Labour Order. The ministry presented its Emulation Flag to 22 units. 

Speaking at the congress, Standing Deputy Prime Minister Truong Hoa Binh hailed the patriotic emulation movement of industry with many typical examples, outstanding teams and individuals in working and production; in particular, many initiatives and useful solutions benefit the industry, the State and society.

In the near future, he suggested that the industry’s patriotic emulation movements should focus on realizing great tasks assigned by the Party and State. It should identify institutions as an important breakthrough, paying special attention to dealing with issues of trade protectionism and competition; impacts of science and technology advances; impacts of the COVID-19 pandemic to structure of the global supply chain and shifting flows of global trade./.