Binh Duong maps, promotes rural industrial development

Nov 20th at 16:43
20-11-2020 16:43:22+07:00

Binh Duong maps, promotes rural industrial development

Industry promotion has helped rural industrial establishments, especially small and medium-sized enterprises (SMEs), develop production in the southern province of Binh Duong adjacent to Ho Chi Minh City.

Binh Duong maps, promotes rural industrial development
The province supports 10-15 rural industrial enterprises in applying advanced machinery annually

The Nam Thien Truong Mechanical Company Limited in Di An Town is one of the program’s beneficiaries, using the funds for innovative technology, workforce retraining, and creating high quality and beautifully designed products to meet current market needs, develop production, and anticipate opportunities. In addition, the investment in advanced machinery and equipment has helped the company increase productivity and product quality, save materials and energy, and reduce environmental pollution.

Similarly, the Nghe Nang Industrial Company Limited in Di An Town has used to promotion funds to invest in laser cutting machines, increasing production capacity, competitiveness, and maximizing the company’s advantages.

Rural industrial enterprises have been a prioritized target of Binh Duong industry promotion in recent years. According to the Binh Duong Department of Industry and Trade, the province annually supports 10-15 rural industrial enterprises in applying advanced machinery, equipment, and scientific and technical advances, and building at least two technical demonstration models.

In 2020, Binh Duong has supported not only the development of industries and industrial products with high added value, but also agricultural product processing and rural industrial production establishments in advertising and approaching potential partners inside and outside the province. In addition, the province has focused on forming a network of industry promotion collaborators in order to define the actual needs of rural industrial production establishments in the area. The province has contacted rural industrial establishments to make plans and propose industry promotion activities, and has guided their investment in advanced machinery, equipment and production lines, and in expanding production scale. The team of industry promotion collaborators has visited in all districts, towns, cities and a number of communes and wards, providing the provincial industry promotion center with reliable up-to-date data on rural industrial production establishments, and advertising industry promotion support policy information to production establishments.

According to the Binh Duong Department of Industry and Trade, in order to effectively implement industry promotion activities, the province’s industry and trade sector will survey the situation at rural industrial establishments, closely follow industry promotion regulations to develop support programs and projects in accordance with local economic development tasks and orientations, and focus on supporting advantageous industries.

VietNam Economic News



NEWS SAME CATEGORY

Vietnam stands ready for competition from RCEP

Competition is part of any trade deal and Vietnam is used to competition as the country is a member of 13 free trade agreements so far.

Investment urged in Vietnam’s downstream industries

A government report recommends investment in Vietnam’s downstream industry in order to boost the capabilities of the country’s supporting industry that manufactures...

Japfa Comfeed Vietnam inaugurates sixth animal feedmill in Binh Dinh

Japfa Comfeed Vietnam Co., Ltd. has recently inaugurated a modern and high-tech feedmill in the southcentral province of Binh Dinh, their sixth feedmill in Vietnam...

Vietnamese firms to invest in 3 key aspects for digital transformation

Many companies in Vietnam are considering an approach to workplace digital optimization beyond Covid-19.

Construction materials market flourishes again

After a gloomy period due to the COVID-19 pandemic, the construction materials market in HCM City started to flourish again in the third quarter as the peak...

Viet Nam urged to move up global value chains post-pandemic

Viet Nam needs to diversify global supply chains in order to achieve inclusive growth and attract investment after the pandemic ends, speakers said at a meeting in...

5 issues concern Vietnamese consumers most towards green living

Sustainability becomes one of the most unsettling topics for Vietnamese consumers in recent years.

Investment attraction in Mekong Delta flourishes

Recently, the situation of investment attraction in the Mekong Delta has had positive changes. Many large projects with investment capital from trillions of...

Safe Mekong Delta tourism a viable option

Many countries across Europe are still reeling under stricter lockdown measures in an effort to stop the spread of the Covid-19 pandemic. While on the other hand...

Vietnam ready to take more active role in Asia–Pacific amid RCEP signing: PwC

Digitalization will be a significant need for Vietnam to boost industrial competitiveness, enhance human capital, as well as keep up with regional and international...


MOST READ


Back To Top