Wed. Dec 25th, 2024

Enterprises making key industrial products in Hanoi expect to
achieve their development targets by 2015, which were set under the
Hanoi development plan for 2011-2015.

Pham Duc
Tien, deputy director of the Hanoi Industry and Trade Department, said
despite the economic downturn, the capital city’s industrial sector is
forecast to grow at an annual rate of 12-13 percent.

This would also enable Hanoi to become a high-tech centre of
Vietnam and develop products with high quality, value and
competitiveness.

To stay on target, Tien said
Hanoi authorities would create favourable conditions for local
enterprises to join trade promotion programmes, seek new markets,
participate in fairs and exhibitions, and cooperate with foreign
enterprises and local enterprises in other provinces and cities.

Tien said the city would build a positive environment for industrial
enterprises to cooperate with scientists, scientific organisations and
research institutes to promote development.

He
advised the enterprises to continue to apply and observe standards and
modern technologies, restructure if necessary and reduce energy
consumption.

Hanoi has 57 key industrial
products made by 48 enterprises. They account for 10 percent of the
total municipal export value and include beverages, mechanical
engineering, electronics, chemicals and plastics, footwear, textiles,
paper and packaging as well as processed food.

Many
products are replacing imports, which helps slash the trade surplus.
These Vietnamese products include transformers, large capacity engines –
and production lines for food and beverage processing.

In the first seven months of this year, some enterprises producing key
industrial products achieved good results compared to the same period
of last year, which was attributable to their good production and
business strategies.-VNA

By vivian