The Industrial Promotion and Development Consultancy Centre under the Department of Industry and Trade of Hoa Binh province has carried out an array of practical and effective programmes, helping local enterprises and rural industrial establishments to improve their competitive edge while making contributions to the province’s industrialisation and modernisation process.
Leaders from the Department of Industry and Trade and the Industrial
Promotion and Development Consultancy Centre conduct the acceptance of the
national industrial promotion project in Luong Son district.
As much as 4.43 billion VND (181,900 USD) was
earmarked for nine industrial development projects in the province in
2023.
Besides carrying out the projects, helping rural
industrial establishments better their competitive capacity towards export, the
centre has worked to introduce local products to consumers through various
fairs, exhibitions and conferences.
Particularly, the bamboo shoot of Kim Boi JSC
became the first product recognised as a national typical rural industrial
goods, which is expected to create a knock-on effect, and encourage other rural
industrial establishments to capitalise on available materials and workers as
well as advanced technologies to produce competitive products, thus expanding
the markets.
During the 2022-2023 period, more than 19.1
billion VND was splashed out to support 18 industrial projects with advanced
technologies in production and communications work on industrial promotion
activities.
The industrial promotion work played an
important role in the development of local garment and textile, mechanics, and
wood and bamboo and rattan processing in 2022 and 2023. The Industrial
Promotion and Development Consultancy Centre joined hands with the Industrial
Promotion and Development Centre 1 under the Agency for Regional Industry and
Trade to carry out various industrial promotion activities to help businesses
and cooperatives to invest in new machines and equipment, and use
state-of-the-art technologies to reduce environmental pollution during
production.
The efforts paid off as they helped improve labour
productivity, reduce production costs, generate jobs for local workers and
fine-tune product quality to meet the market demand.
According to Deputy Director of the provincial
Department of Industry and Trade Duong Quoc Thang, over the past time, the department
has directed its affiliated units to roll out industrial promotion projects,
and keep a close watch on the progress of the projects.
There is an increasing number of rural
industrial establishments, helping create stable jobs for local people while
contributing to the province’s industrial production, and budget
collection.
In the coming time, the department will continue
working to support local firms in modernising their production lines, train
skilled workers, promote economic restructuring in rural areas and in the
province as a whole, among others, he added.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
