The electronics industry has seen good progress in recent years, accounting for about 18% of the total industrial production value and more than 30% of the total export revenue of the country.
The Mekong Delta province of Kien Giang strives for industrial production value to reach more than 48.18 trillion VND (2.04 billion USD) this year, a year-on-year increase of 8%.
The southern province of Binh Duong enjoyed a trade surplus of 2 billion USD in the first two months this year, Vo Van Minh, Chairman of the provincial People’s Committee has said.
The industrial production value of the Mekong Delta province of Kien Giang is estimated to hit more than 4.33 trillion VND (191.42 million USD) in January, posting a month-on-month rise of 6.89 percent and up 9.48 percent from the same period last year.
The Mekong Delta province of Soc Trang, despite COVID-19, recorded 1.05 billion USD worth of exports during January – October, the highest number to date.
Despite difficulties posed by COVID-19, the industrial production value, excluding oil and gas, of the southern province of Ba Ria-Vung Tau was estimated to increase 8.44 percent in the first half of this year compared to the 6.47 percent growth in the same period last year.
The industrial production value of the Mekong Delta province of Kien Giang reached over 20.4 trillion VND in the last five months, up 7.4 percent from the same period last year.
Bac Ninh province, an industrial hub in northern Vietnam, has ranked first nationwide in terms of industrial production value this year, posting a figure of 1,128 trillion VND (48.9 billion USD), up 2.9 percent year-on-year despite COVID-19.
Vietnam has worked to raise the number of local part suppliers in the global supply chains, aiming to have about 1,000 enterprises capable of supplying directly to assembly enterprises and multinational corporations by 2025.
Hanoi has issued an implementation plan for a project to develop key industrial products in the 2021-2025 period, with an estimated cost of 200 billion VND (8.63 million USD).
The industrial production value of the Mekong Delta’s Soc Trang province in the first quarter has been estimated at 6.6 trillion VND (279.7 million USD), up 5.7 percent year-on-year.
The General Statistics Office (GSO) forecast if the coronavirus epidemic is stamped out in the first quarter this year, Vietnam’s industrial production value in the first quarter would increase by 2.68 percent year-on-year, lower than growth rate of 9 percent in the first quarter of 2019 and 10.45 percent in the first quarter of 2018.
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.
The production value recorded at the industrial parks (IPs) across the Mekong Delta province of Tien Giang reached nearly 57.38 trillion VND (2.47 billion USD) between January and September, up 13.77 percent year-on-year.
Industrial production value of the northern province of Hai Duong hit 174.6 trillion VND (over 7.5 billion USD) in the first nine months of 2019, equivalent to 84.1 percent of the plan set for the year, and up 12.3 percent against that of the same period last year.
A delegation of the Cuban Ministry of Labour and Social Security led by Minister Margarita M. Gonzalez Fernandez paid a visit to the northern province of Bac Ninh on September 10 to exchange experience in labour and employment.