Strengthening industry promotion in the south

Representatives of the Ho Chi Minh City Department of Industry and Trade visit Coopmart

Could you brief on industry promotion activities in southern provinces and cities since 2014?

Industry promotion activities across the country, especially the south, have been vastly improved since Decision 45/2012/ND-CP on industry promotion issued on May 21, 2012 took effect along with related circulars.

Industry promotion funding has increased along with the expansion of industry promotion projects and industrial bases which have been also improved in terms of quality and scale. Industry promotion funding has been effectively used, helping rural industrial bases enhance production, trading and competitiveness in both domestic and foreign markets.

The total approved industry promotion funding for 2014 reached VND60.21 billion (a more than 9 percent increase over 2013 and about VND2.87 billion per province), including VND17.19 billion as national industry promotion funding for 58 projects and VND43.03 billion as local industry promotion funding for 324 projects.

This year, the total approved industry promotion funding reached VND51.94 billion (meeting 72.02 percent of the annual plan), including VND15.52 billion as national industry promotion funding for 42 projects and VND36.42 billion as local industry promotion funding for 133 projects. All these projects are being implemented.

This year’s industry promotion funding has been used to organize vocational training for 4,559 workers, build 11 technical demonstration models, support 22 rural industrial bases to renovate production equipment and machinery, support one industrial cluster in terms of detail planning and two others in terms of infrastructure construction, fund 53 rural industrial bases to participate in national trade fairs, exhibitions and many business start-up courses related to craft and industrial production and professional training courses for industry promotion staff.

What about industry promotion results?

Industry promotion funding and activities have yielded in positive and practical results, including improving vocational training associated with corporate demands, replicating technical demonstration models and applying new advanced production technologies to increase productivity while reducing cost prices.

How about investment and cooperation links between industry promotion centers and rural industrial facilities in the south?

Industry promotion centers and rural industrial facilities in the south have continually improved links via regular exchange of experience in industrial development. For example, the Agency for Regional Industry Development holds an annual meeting where directors of industry promotion centers and owners of rural industrial facilities can meet industry promotion authorities to exchange their points of view.

Ngoc Thao