Hanoi's key industries still firing

Photo for illustration. diendandautu.vn

Enterprises making key industrial products in Hanoi expect to achieve their development targets by 2015, which were set under the Hanoi development plan for 2011-2015.

Pham Duc Tien, deputy director of the Hanoi Industry and Trade Department, said despite the economic downturn, the capital city’s industrial sector is forecast to grow at an annual rate of 12-13 percent.

This would also enable Hanoi to become a high-tech centre of Vietnam and develop products with high quality, value and competitiveness.

To stay on target, Tien said Hanoi authorities would create favourable conditions for local enterprises to join trade promotion programmes, seek new markets, participate in fairs and exhibitions, and cooperate with foreign enterprises and local enterprises in other provinces and cities.

Tien said the city would build a positive environment for industrial enterprises to cooperate with scientists, scientific organisations and research institutes to promote development.

He advised the enterprises to continue to apply and observe standards and modern technologies, restructure if necessary and reduce energy consumption.

Hanoi has 57 key industrial products made by 48 enterprises. They account for 10 percent of the total municipal export value and include beverages, mechanical engineering, electronics, chemicals and plastics, footwear, textiles, paper and packaging as well as processed food.

Many products are replacing imports, which helps slash the trade surplus. These Vietnamese products include transformers, large capacity engines - and production lines for food and beverage processing.

In the first seven months of this year, some enterprises producing key industrial products achieved good results compared to the same period of last year, which was attributable to their good production and business strategies.