Seven-month industrial production up 9.81 percent in southern localities
The industrial production index of 20 southern provinces increased by 9.81 percent in the first seven months of this year, according to the Ministry of Industry and Trade.
Illustrative image (Source: VNA) Hanoi (VNA) – The industrial
production index of 20 southern provinces increased by 9.81 percent in the
first seven months of this year, according to the Ministry of Industry and
Trade.
Key industrial products posted growth such as electronic products, apparel, footwear, frozen seafood, animal feed and rice.
The region is home to 109 industrial parks, featuring nearly 1,406 projects with a total registered capital of 61.598 trillion VND (2.67 billion USD), generating more than 152,000 jobs.
To propel growth, the regional industry and trade sector will switch from processing to manufacturing and integrate into the global value chain more deeply, develop key industries and use domestically-available materials.
It will spread the campaign “Vietnamese people prioritise Vietnamese goods” and step up domestic trade promotion, making it easier for firms to expand distribution, balance supply-demand, stabilise prices and improve the efficiency of inspection.
The sector will also accelerate the fight against smuggling, trade frauds, counterfeits, violations of intellectual property rights in industry, as well as ensure a healthy business environment.-VNA
Key industrial products posted growth such as electronic products, apparel, footwear, frozen seafood, animal feed and rice.
The region is home to 109 industrial parks, featuring nearly 1,406 projects with a total registered capital of 61.598 trillion VND (2.67 billion USD), generating more than 152,000 jobs.
To propel growth, the regional industry and trade sector will switch from processing to manufacturing and integrate into the global value chain more deeply, develop key industries and use domestically-available materials.
It will spread the campaign “Vietnamese people prioritise Vietnamese goods” and step up domestic trade promotion, making it easier for firms to expand distribution, balance supply-demand, stabilise prices and improve the efficiency of inspection.
The sector will also accelerate the fight against smuggling, trade frauds, counterfeits, violations of intellectual property rights in industry, as well as ensure a healthy business environment.-VNA
You should also see
Vietnamese Deputy PM, Venezuelan President hold talks
Vietnamese Deputy Prime Minister Tran Luu Quang held talks with President of Venezuela Nicolás Maduro Moros in Caracas on April 18, as part of his ongoing official visit to the Latin American country.
See more
Business
Hanoi to host Vietnam Medipharm Expo 2024
The 31st Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2024) is scheduled to take place in Hanoi from May 9 to 12, an official of the Ministry of Health (MoH) told a press conference on April 19.
Business
Japan's Takashimaya plans to expand investment in Vietnam
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
Business
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Business
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
