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Industrial production with optimistic signals

Monday, 2018-07-30 10:18:17
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Garment is one of the industrial sectors with relatively stable growth, attracting and creating jobs for tens of thousands of laborers, contributing significantly to the province's export turnover.
Processing garment products for export in Hung Vuong Garment Joint Stock Company.

PTO- In the first half of 2018, industrial production in the province stably remained and achieved good growth compared to same period. By the end of June, the value of industrial production is estimated at over VND21,811 billion, up by 10% over the same period; industrial production index is estimated to increase by over 10% over the same period.

This result is thanks to the close leadership of the provincial government, the participation of all levels, sectors and efforts of the community of business, entrepreneur, especially the industry and trade sector. In addition, the province has issued many preferential mechanisms and policies for investment, especially investment projects in line with comparative advantages of localities and projects with high technology content; efforting to reform administrative procedures, improving the investment environment and procedures; focusing on attracting and supporting investment, speeding up the work of compensation and ground clearance, building infrastructures of industrial parks and clusters, timely removing difficulties and creating favorable conditions for enterprises development. That the reason why the industrial production maintained its growth rate over the same period.

In order to attract more investment into the industrial sector, the province has focused on directing the related units to speed up the process of infrastructure projects in industrial zones and clusters, especially the industrial zones of Cam Khe and Trung Ha; supporting investors in researching infrastructure projects of the industrial zones of Tam Nong, Phu Ninh and Ha Hoa. At the same time, building the mechanisim of state management for industrial clusters in the province.


The products of CMC Joint Stock Company own stable quality, diversified models, reasonable price, favorable for consumption on the market.

According to Mr. Nguyen Ngoc Anh, Deputy Director of Department of Industry and Trade, in order to achieve the targets of industrial production in 2018, in which, the added value of industry and construction sector reached VND15,068 billion. The sector has closely cooperated with related agencies and enterprises to implement solutions such as focusing on solving difficulties and creating favorable conditions for enterprises to invest in production development; supporting the enterprises in market development and promoting the consumption of products; boosting the development of groups of industries with province's advantages such as agro-forestry product processing, mechanization, chemical, construction materials, garment, leather and footwear, Bai Bang paper, Lam Thao phosphate fertilizers and chemicals, CMC brick, Tasa ceramic, Sai Gon - Phu Tho beer, etc.; improving the management and innovating technology and equipment; strengthening on seeking strategic partners in production and business activities, etc.

Mobilizing maximum resources to invest in the infrastructure of industrial zones and clusters, creating the best conditions to attract investors; promoting new investment projects; continuing on building and advising on the issuance of preferential policies to create conditions for enterprises to stabilize their production while enhancing invest in new ones in order to achive the growth in the production; improving the effectiveness of trade promotion activities to expand the consumption market; strengthening investment cooperation, production linkage, materials supply and product consumption between enterprises in the province and in the region.

Well implementing the industrial promotion work, creating the best conditions for enterprises and production establishments in the province to develop; closely coordinating with the department, branches and localities in effectively implementing the mechanisms and policies of investment, production and business promotion so as to fully exploit the existing capacities of the enterprises; promoting the consumption of domestic products, contributing to the effective implementation of the campaign "Vietnamese people prioritize using Vietnamese goods"; reviewing and submitting to competent authorities for amendments and supplements to mechanisms and policies, removing unreasonable investment barriers, creating the most favorable conditions for investors in the province.

Encouraging enterprises to invest, innovate and modernize technology in priority fields of development; consolidating and developing traditional crafts, cottage industries, craft villages; enhancing products joint ventures and linking; continuing in implementing the major tasks and solutions to improve the business environment and raise the competitiveness of enterprises.

Hopefully with the solutions and the positive signals from the domestic and international economy, industrial production activities in the last months of the year continue to achieve positive changes, significantly contributing to the achievement of the province's socio-economic development targets in 2018.

Duc Minh