Vinh Long hones industrial prowess

The Mekong Delta province of Vinh Long targets a 26 trillion VND (1.21 billion USD) revenue from industrial production this year, up 11.4 percent annually, on hope of wooing more inflows into industrial zones.
The Mekong Delta province of Vinh Long targets a 26 trillion VND (1.21 billion USD) revenue from industrial production this year, up 11.4 percent annually, on hope of wooing more inflows into industrial zones.

The province recently granted licenses to Cong Thanh and Phu Yen industrial zones in Binh Tan and Vung Liem districts, respectively, said Director of the provincial Department of Industry and Trade Nguyen Minh Tho.

During the second phase of construction, Hoa Phu industrial park registered two new investors with a combined capital of 645 billion VND (30.1 million USD) and 11 million USD.

In the meantime, Binh Minh industrial zone reeled in 12 projects worth nearly 1.14 trillion VND (53.1 million USD), seven of them are in the works.

During the third quarter of this year, Dong Nai province will recheck licensed projects and address difficulties facing them to speed up implementation.

Publicity campaigns will introduce and extend commercial reaches of major products both in and outside the country.

Under an industry and trade restructuring scheme, Vinh Long will focus on ramping up processing and light industries this year.

On a six-month calculation, the province generated above 13.2 trillion VND (616.8 million USD) worth of industrial manufacturing, up 15.5 percent year-on-year.

A number of manufacturing sectors achieved growths, including animal feed, poultry and seafood (28 percent), handicrafts (24.7 percent), and concrete production (44 percent).-VNA

See more