By 2030, will Vietnam invest in building a factory to process pharmaceutical chemical products of natural origin?
- Does Vietnam focus on developing industrial explosives in the direction of increasing destructive power by 2030?
- Does Vietnam give priority to forming petrochemical industry complexes associated with domestic oil refineries?
- Invest in building a factory to process chemical and pharmaceutical products of natural origin in Vietnam?
Does Vietnam focus on developing industrial explosives in the direction of increasing destructive power by 2030?
Pursuant to Point b, Clause 3, Article 1 of Decision 726/QD-TTg in 2022 on the development of Vietnam's chemical industry to 2030, with a vision to 2040, the basic chemical development strategy has been proposed as follows: :
- The period up to 2030:
+ New investment, expansion, modernization and increase of commercial production capacity of caustic soda and sulfuric acid of existing production facilities. Invest in a project to produce caustic soda and chlorine-based products to meet the demand for caustic soda-chlorine for refining and petrochemical projects, alumina mining and processing projects...
+ Invest in research on technology for sorting grade II and IV apatite ores. Improved technology of yellow phosphorus production facilities, ensuring improved production efficiency and safety.
+ Investing in the production of thermal phosphoric acid and its derivatives and products with high economic value from phosphorus; invest in ammonia production to meet the needs of DAP production and other consumers; production of nitrate salts, basic organic chemical products, solvents...
+ Maintain stable production of ammonium nitrate, invest in the production of a number of other explosive precursors, which are dual-use chemicals to meet the needs of other industrial production and fertilizers. Research and invest in the production of explosives and explosive accessories for the oil and gas industry. Continue to promote investment in the production of explosives in bulk emulsions and packaged emulsions, completely replacing TNT-containing explosives.
+ Developing industrial explosives products in the direction of increasing destructive power, reducing smoke and dust, increasing water resistance, high safety, developing products with non-standard sizes; industrial explosive accessories products meet special requirements such as multiple differentials, tensile strength, impact strength, reliability when the mining pits are getting deeper and deeper, the terrain is complicated.
- Period up to 2040:
+ Investing in projects to produce basic organic chemicals such as organic solvents, chemicals used in the production of petrochemical products, chemicals that can become fuels for other industries. .
+ Invest in projects to produce inorganic chemicals to serve the development needs of industries such as washing powder, glass, paper, etc., such as: production of sulphate, soda, and hydrogen peroxide. .
+ Developing emulsion explosive products for use in open pits and underground mines, underground works without explosive gas; loose emulsion explosives, electronic detonators, non-electric differential detonators, high-energy detonators for underground mines, underground works without explosive gas; slow detonation non-electric differential...
Accordingly, the basic chemical industry development strategy is implemented according to the above content.
By 2030, will Vietnam invest in building a factory to process pharmaceutical chemical products of natural origin?
Does Vietnam give priority to forming petrochemical industry complexes associated with domestic oil refineries?
Pursuant to point b, clause 3, Article 1 of Decision 726/QD-TTg in 2022 on the development of Vietnam's chemical industry to 2030, with a vision to 2040, a strategy for the development of our country's petrochemical industry has been proposed as follows: after:
- The period up to 2030:
+ Invest in the production of ammonia, methanol, ethylene, propylene, benzene, xylene, toluene... and a number of preparations, derived from these chemicals, towards meeting domestic and export demand, limiting export raw materials.
+ Invest in deep processing of products from existing petrochemical/chemical plants and complexes (from natural gas) in order to increase the added value of natural resources and diversify products, contributing to meeting the needs of customers. domestic and export demand.
+ Invest in the production of primary plastic resins, glues, and synthetic rubber raw materials: polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polystyrene (PS), acrylbutadiene styrene (ABS), terephthalic acid (PTA), mono ethylene glycol (MEG), urea formaldehyde (UF), melamine formaldehyde (MF), polyamide 6... and some other chemicals, additives, semi-finished products... domestic manufacturing industries, high-tech industries.
+ Prioritize the formation of petrochemical industry complexes associated with domestic oil refineries and oil and gas processing plants.
- Period up to 2040:
+ Maintain safe, stable and efficient operation of projects that have been put into operation; continue to diversify petrochemical products, research and invest in production of aromatics products (NB, LAB, PTA, PET...).
+ Research and invest in petrochemical projects from alternative raw materials such as biomas, blue hydrogen, blue hydrogen,... not from traditional fossil fuels.
Thus, the development strategy of the petrochemical industry is carried out according to the above contents.
Invest in building a factory to process chemical and pharmaceutical products of natural origin in Vietnam?
Pursuant to Point b, Clause 3, Article 1 of Decision 726/QD-TTg in 2022 on the development of Vietnam's chemical industry to 2030, with a vision to 2040, a strategy for the development of the pharmaceutical chemical industry has been set forth. The upcoming times are as follows:
- The period up to 2030:
+ To build a herbal medicinal region with strengths of Vietnam, invest in processing, extraction and refining factories to produce pharmaceutical chemical products of natural origin from tropical animals, plants and marine organisms. and semi-synthetic.
+ To focus on investing in development and production of antibiotic products and raw materials for the production of essential drugs with advantages in resources, such as products extracted from medicinal herbs and semi-synthesized from natural compounds; factories producing inorganic pharmaceutical chemicals and common excipients; factory producing 2nd, 3rd and 4th generation cephalosporin antibiotic raw materials; sorbitol factory for the production of vitamin C; factories producing pharmaceutical and chemical raw materials to produce a number of other essential drugs (including products such as fever reducers, pain relievers, anti-inflammatory drugs, antibacterial drugs).
+ Encourage all economic sectors, especially non-state production organizations to participate in the development and processing of medicinal herbs, focusing on developing the type of small and medium enterprises in production and processing. pharmaceutical products. The State actively invests in the production of active ingredients and excipients that require high technology and are in great demand, essential for public health and safety, such as new generation vaccines and antibiotics; and at the same time encourage foreign investors to invest in production in these important fields. Encourage technology transfer, joint venture and association of foreign investors with domestic investors to produce raw materials and products in the field of pharmaceutical chemistry.
- Period up to 2040:
+ Invest in research and production of new products and make in-depth investment in improving product quality.
Thus, implementing the development strategy of the pharmaceutical chemical industry according to the above mentioned contents.
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