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).
A groundbreaking ceremony for an international conference centre in the northern province of Vinh Phuc, invested by property developer FLC Group, was organised in the locality on October 12.
Vietnam raked in 30.05 billion USD from exporting agro-forestry-aquatic products in the first three quarters of 2020 and the value is hoped to hit over 40 billion USD for the whole year, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Mechanisms and policies to support the local agro-forestry-fisheries sector have been broadly carried out around northern Vinh Phuc province since the beginning of the year, with a shift towards concentrated production based on value chains and market demand.
The management board of industrial parks in northern Vinh Phuc province granted investment licences to 57 projects in the first nine months of this year.
The northern province of Bac Ninh has set itself a target of 2,500 new enterprises each year in the period from 2020 to 2025, as part of its scheme to support small and medium-sized enterprises (SMEs).
Le Thi Thuy, Secretary of the 19th Ha Nam Party Committee in the 2015-2020 tenure, was reelected for the post at the first session of the new provincial Party Committee for the 2020-2025 tenure, held on September 21 afternoon.
The Ministry of Industry and Trade (MoIT), the People’s Committee of Bac Ninh province, and Samsung Electronics Vietnam have jointly signed a memorandum of understanding (MoU) on a programme to support Vietnamese businesses operating in the northern province.
The Mekong Delta province of Soc Trang has posted high increases in industrial production and export value despite the impacts of unfavourable weather conditions such as droughts and saline intrusion along with the COVID-19 pandemic.
The Mekong Delta province of Kien Giang will spend about 80.3 trillion VND (3.45 billion USD) on promoting safe, sustainable and effective agricultural production in the 2021-2025 period, according to the provincial Department of Agriculture and Rural Development.
Deputy Prime Minister Trinh Dinh Dung has said the animal husbandry sector still possesses huge potential as domestic and foreign demand is constantly increasing, especially for high-quality products.
The northern province of Vinh Phuc’s industry has been growing to become a key economic sector that contributes greatly to the local gross regional domestic production (GRDP).
A project on water and flood management in the northern province of Vinh Phuc has had a significant role to play given the locality has been facing major inundation for many years, especially during the wet season.
The Vietnam National Textile and Garment Group (Vinatex) aims for an annual growth rate of 8 – 10 percent in production value, revenue and export value in the period from now to 2025, according to the group’s chairman of the board Le Tien Truong.
The agricultural production area of the winter crop in northern provinces was expected to increase by 20 percent to meet the increasing demand from China, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
Currently, there are more than 5,400 craft villages nationwide, but the scale of production in craft village enterprises and production households in craft villages is very small and fragmented, causing many difficulties in building brands.
The northern province of Vinh Phuc is working towards the goal of sustainable and effective development of the forestry sector, thus enhancing incomes for stakeholders.
Prime Minister Nguyen Xuan Phuc has signed a resolution to promote the development of support industries with the aim of having 2,000 enterprises capable of directly supplying parts for multinational corporations in ten years.