(VOVworld) – Prime Minister Nguyen Xuan Phuc has urged the industry and trade sector to restructure and create great Vietnamese products in the 4^th Industrial Revolution.

Prime Minister Nguyen Xuan Phuc (Photo: VNA)

At an online conference to review the industry and trade sector, the Prime Minister said the sector is shifting from an industry dependent on limited natural resources to a sustainable industry based on innovation, science, technology, and competitiveness. Prime Minister Phuc stressed the need to enable fair competition, create a transparent legal framework, and enhance the role of groups, private companies, cooperatives, and foreign-invested enterprises. It is essential to encourage the private sector to take part in industrialization, modernize and grow.