Hanoi to have 100 key industrial products

11:17 | 12/10/2019 Local Industry

Hanoi is striving to have 100 key industrial products in the near future, according to Deputy Director of the municipal Department of Industry and Trade Dam Tien Thang.

llustrative image - Photo: VNA

During a conference held in the capital city on October 9, Thang said revenue from key industrial products reached 46 trillion VND (2 billion USD), accounting for about 43 percent of the total industrial production revenue while their exports hit 11.61 trillion VND.

Last year, Hanoi recognised 61 key industrial products and top 10 ones. The total revenue from the 61 products reached 40 trillion VND, up 28.4 percent annually, making up 32.5 percent of the total industrial production. Exports surged 74 percent to upwards 10 trillion VND.

Since early this year, 31 firms with 40 products have registered for key industrial production recognition. Their revenues are estimated at 6 trillion VND and exports at 1.6 trillion VND.

Le Hong Thang, director of the department, vowed to collect and report firms’ suggestions to the municipal People’s Committee and higher authorities.

He also promised to continue improving business climate and helping firms enhance their competitiveness, adopt modern technology and develop workforce.

Theo VNA