Hanoi targets major industrial projects
|
Speeding up IZ development
According to the Hanoi Department of Industry and Trade, the city’s index of industrial production (IIP) in the first quarter of 2019 increased 6.9 percent over the same period last year. The processing and manufacturing industry grew 6.9 percent; electricity, gas and hot water production and distribution soared 7.8 percent; water supply, waste and wastewater management and treatment increased 7.9 percent; and the mining industry decreased 5.4 percent.
Le Hong Thang, Director of the Hanoi Department of Industry and Trade said Hanoi has set a target of reaching an industrial added value growth of 8.6-8.8 percent in 2019. The department has introduced solutions to reach the target, including strengthening the attraction of investment projects to the Hoa Lac Hi-Tech Park, and speeding up industrial park establishment and infrastructure development. The capital city has targeted the establishment of 30-35 industrial parks with a total investment capital of about VND12 trillion as of late 2019, including 5-10 zones with infrastructure ready to serve investors.
Hanoi will continue to restructure the industrial sector, intensify industrial production development, promote technological innovation and improvement of production processes, develop new, potential industries, gradually create competitive products, and participate more deeply in the global value chain.
Competitiveness improvement
Recently, the Hanoi People’s Committee issued a plan for developing prioritized industries and major industrial products.
In implementing the plan, the city has directed relevant authorities and sectors to develop programs and solutions to improve the capability of enterprises with major industrial products. The city will continue to improve its investment environment, and pave the way for businesses to access preferential credit sources through the Development Investment Fund. The fund will be used to attract large-scale, high-value-added projects that use modern and environmentally friendly technologies.
In 2018, 61 key industrial products accounted for 35.2 and 7.7 percent of the city’s total industrial production value and gross domestic product (GDP), respectively, and yielded export value of more than VND10 trillion. |
See also

More assistance for supporting industry
06:00 | 06/06/2023 Support industries

Cement industry suffers financial losses during Q1
09:54 | 02/06/2023 Industry

Việt Nam has major opportunities to engage in global Halal industry Deputy minister
06:00 | 31/05/2023 Industry

Cut on automobile registration fees to facilitate auto industry
14:33 | 30/05/2023 Industry

Suitable solutions needed for each sector
06:00 | 30/05/2023 Industry

Fertiliser businesses see profit drop on ailing selling prices and rising costs
15:27 | 26/05/2023 Industry
See more news

Ten-year milestone of outstanding rural industrial product program
14:00 | 26/05/2023 Industry promotion

Dong Nai Province speeds up industrial development
14:00 | 25/05/2023 Industry promotion

New technology helps utility, industrial operators overcome power network challenges
15:13 | 24/05/2023 Energy

Hà Nội supports industrial development
09:21 | 24/05/2023 Industry

Vietnam ensures energy security in all scenarios
06:00 | 24/05/2023 Energy

Vietnam Ranks Second in Bauxite Reserves
15:00 | 22/05/2023 Energy

Hà Nội industrial products, equipment and automation fair held
09:52 | 19/05/2023 Industry

Enhancing resilience against global shocks critical for electronics industry
07:00 | 18/05/2023 Industry

State support needed for auto support industry
06:00 | 17/05/2023 Support industries

HCM City seeks to revive industrial growth
07:00 | 15/05/2023 Industry

Nine Vietnamese universities listed in THE Impact Rankings 2023
10:05 | 07/06/2023 Infographic

Vietnamese authorities move to facilitate farm produce exports to China
09:22 | 07/06/2023 Foreign trade

Ambassador calls for more investment from Japan’s Tochigi prefecture
09:07 | 07/06/2023 FDI

Vietnam, China exchange market management experience
08:58 | 07/06/2023 Domestic market

Vietnam promotes green, circular economy
06:00 | 07/06/2023 Economy
Multimedia

Nine Vietnamese universities listed in THE Impact Rankings 2023
10:05 | 07/06/2023 Infographic

Sunset Town – A journey to love on Vietnam's Phu Quoc Island
14:06 | 06/06/2023 Tourism

Children's artwork displayed at HCM City exhibition
06:00 | 04/06/2023 Lifestyle

A memorable summer with fireworks and fun festivals in Đà Nẵng
09:41 | 02/06/2023 Tourism

Top models to compete in national modeling reality TV show
09:30 | 02/06/2023 Lifestyle

Viet Nam-Laos agreement on mutual judicial assistance in civil matters ratified
15:41 | 06/06/2023 Policy

PM issues directive to enhance data sharing for e-commerce development
09:06 | 02/06/2023 Policy

Deputy PM urges acceleration of electricity licensing for finished wind, solar power projects
10:06 | 25/05/2023 Policy

Specific mechanisms, policies needed to drive HCM City’s growth
06:02 | 20/05/2023 Policy

More assistance for supporting industry
06:00 | 06/06/2023 Support industries

Cement industry suffers financial losses during Q1
09:54 | 02/06/2023 Industry

Việt Nam has major opportunities to engage in global Halal industry Deputy minister
06:00 | 31/05/2023 Industry

Cut on automobile registration fees to facilitate auto industry
14:33 | 30/05/2023 Industry

Ambassador calls for more investment from Japan’s Tochigi prefecture
09:07 | 07/06/2023 FDI

Vietnam – attractive destination for Italian firms: forum
13:00 | 04/06/2023 FDI

FDI enterprises urge investment environment improvement
06:00 | 01/06/2023 FDI

Vietnam's five-month FDI rises sharply nationwide
13:03 | 29/05/2023 FDI

SBV Governor explains high lending rates, credit room management
09:50 | 05/06/2023 Finance-Banking

Important: Multi-target monetary policies needed
06:00 | 02/06/2023 Finance-Banking

Dozens of commercial banks cut savings interest rates
09:31 | 30/05/2023 Finance-Banking

Central bank continues to reduce policy interest rates
06:12 | 27/05/2023 Finance-Banking

HCM City promotes digital transformation in waste management
15:14 | 06/06/2023 Environment

PM urges stronger wildfire prevention measures amid strong heatwaves
06:00 | 28/05/2023 Environment

Vietnam targets development of green, plastic waste-free tourism
06:00 | 28/05/2023 Environment

Đồng Nai afforestation programme kicks off
06:00 | 27/05/2023 Environment

Police warn against illegal forex trading platforms
06:00 | 06/06/2023 Science - Technology

Over 77,000 computers in Vietnam suffer data encryption in 7 months Bkav
06:00 | 04/06/2023 Science - Technology

Vigorous changes in science and technology
06:00 | 03/06/2023 Science - Technology

Internet speeds up as four of five undersea cables repaired
08:56 | 02/06/2023 Science - Technology

Vietnamese, Bulgarian news agencies ink cooperation pact
15:32 | 06/06/2023 Society

Hanoi: Agricultural development policies lack real-world effectiveness
06:00 | 04/06/2023 Metropolis

New Zealand provides 40 full micro-credentials scholarships for Vietnamese learners
16:23 | 26/05/2023 Society

Mong Cai city imports electricity from China’s Dongxing
10:37 | 25/05/2023 Energy

• Tripadvisor highlights the sole hotel in Da Nang in the prestigious Travelers' Choice Best of the Best award
09:30 | 28/05/2023 Vietnamese Brands

Pfizer Vietnam, VNVC sign MoU to protect public health
09:00 | 26/05/2023 Vietnamese Brands

Vietjet offers 50% discount on SkyBoss Business tickets
08:55 | 26/05/2023 Vietnamese Brands

Positioning Vietnam’s Green National Brand
06:00 | 26/05/2023 Vietnamese Brands

Children's artwork displayed at HCM City exhibition
06:00 | 04/06/2023 Lifestyle

Top models to compete in national modeling reality TV show
09:30 | 02/06/2023 Lifestyle

International festival provides platform to young musicians
06:00 | 30/05/2023 Lifestyle

Bát Tràng ancient pottery exhibited at Việt Nam National Museum of History
06:00 | 28/05/2023 Lifestyle

Vice-Chairman of Da Nang City People's Committee “DIFF is a push to fuel tourism”
15:06 | 06/06/2023 Tourism

Sunset Town – A journey to love on Vietnam's Phu Quoc Island
14:06 | 06/06/2023 Tourism

Experience healing with world-renowned practitioners at Four Seasons Resort The Nam Hai, Hoi An
14:15 | 05/06/2023 Tourism

A memorable summer with fireworks and fun festivals in Đà Nẵng
09:41 | 02/06/2023 Tourism