Thua Thien-Hue pours nearly 52 bln VND into support industry

The central province of Thua Thien-Hue has decided to pour nearly 52 billion VND (2.26 million USD) into the support industry between now and 2025.
Thua Thien-Hue pours nearly 52 bln VND into support industry ảnh 1Illustrative image (Source: VNA)
Thua Thien – Hue (VNA) – The central province ofThua Thien-Hue has decided to pour nearly 52 billion VND (2.26 million USD) intothe support industry between now and 2025, towards meeting nearly 35 percentand 55 percent of local demand for industrial manufacturing by 2020 and 2025,respectively.

Accordingly, 24.65 billion VND (1.07 million USD) will beearmarked for 2017-2020 and the remaining for 2021-2025.

Priority fields will include support industry for garment,leather and footwear; metallic, plastics and rubber spare parts and those usedfor electricity and electronics.

In the foreseeable future, an industrial centre for garmentsector will be based in Phong Dien industrial park to serve the whole centralregion and the country.

The province is calling for building a high-quality factoryto churn out parts of shoes as support industry products for the footwearsector, and developing projects on manufacturing fabric and materials for the garmentsector.

By 2020, Thua Thien-Hue endeavours to produce more than100,000 tonnes of fiber and 20 million metres of fabric. The respective figureby 2025 will be 150,000 tonnes and over 45 million metres.

Support industry products for the garment sector areexpected to meet more than 70 percent and 80 percent of local demand by 2020and 2025, respectively. The respective figure for medical equipment andelectricity-electronics will be over 35 percent and 55 percent.

The province will also give priority to support industry inservice of high-tech industry, including software and services, machinerymaintenance and repair, among others.-VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.