Business

Ha Nam’s industry-trade sector sets high targets in 2020

The industry and trade sector of the northern province strives to gross over 122.6 trillion VND (5.27 billion USD) in industrial production value in 2020, a year-on-year rise of 13 percent.
Ha Nam’s industry-trade sector sets high targets in 2020 ảnh 1Ha Nam's industry and trade sector strives to gross over 122.6 trillion VND (5.27 billion USD) in industrial production value in 2020, a year-on-year rise of 13 percent. (Illustrative image. Source: VNA)

Ha Nam (VNA) – The industry and tradesector of the northern province strives to gross over 122.6 trillion VND (5.27billion USD) in industrial production value in 2020, a year-on-year rise of 13percent.

The information was revealed at a conferenceheld by the provincial Department of Industry and Trade on January 2 toimplement tasks in the New Year.

The total retail sales of goods and services areexpected to reach 29.7 trillion VND this year, up 16 percent against 2019,while the import-export turnover is projected at over 7.1 billion USD,including 3.56 billion USD from exports.

To realise the aforesaid goals, Vice Chairman ofthe provincial People’s Committee Truong Minh Hien asked the industry and tradesector to promote the transform of business household model to enterprises in industrialclusters, as well as coordinate with the electricity sector to improve thequality of power supply at industrial parks and complexes.

In addition to intensifying administrativereforms and state management in trade, it is necessary to enhance coordinationin preventing trade frauds, smuggling, and counterfeit goods, he said.

He also suggested developing the supporting,processing and manufacturing industry.

According to Deputy Director of the provincialDepartment of Industry and Trade Dang Anh Tuan, the total industrial productionvalue of the province in 2019 topped 108.5 trillion VND, a year-on-yearincrease of 16.3 percent.

The total retail sales of goods and servicesrose 14.7 percent to reach over 25.5 trillion VND, while the export turnover totalled3.1 billion USD, up 13.5 percent from the previous year./.

VNA
#industry and trade sector #industrial production value #import-export turnover #retail sales of goods and services #supporting industry #manufacturing #Vietnamplus #Vietnam News Agency
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