Key industrial products posted growth such as electronic products, apparel, footwear, frozen seafood, animal feed and rice.

The region is home to 109 industrial parks, featuring nearly 1,406 projects with a total registered capital of VND 61.598 trillion (USD 2.67 billion), generating more than 152,000 jobs.

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To propel growth, the regional industry and trade sector will switch from processing to manufacturing and integrate into the global value chain more deeply, develop key industries and use domestically-available materials.

It will spread the campaign “Vietnamese people prioritize Vietnamese goods” and step up domestic trade promotion, making it easier for firms to expand distribution, balance supply-demand, stabilize prices and improve the efficiency of inspection.

The sector will also accelerate the fight against smuggling, trade frauds, counterfeits, violations of intellectual property rights in industry, as well as ensure a healthy business environment.

Source: VNA