Bình Phước Province to focus on developing supporting industries in 2024

March 13, 2024 - 16:30

Bình Phước Province is focusing on developing supporting industries to supply its key industries and also export.

Bình Phước Province aims to further develop its supporting industries in 2024. — Photo baochinhphu.vn

BÌNH PHƯỚC — Bình Phước Province is focusing on developing supporting industries to supply its key industries and also export.

Its People’s Committee recently unveiled a programme to develop them this year, targeted at enhancing the competitiveness of its industrial sector and increasing supporting industry exports to US$800 million.

It aims to attract large investments in technology in its industrial parks and clusters and develop supporting industry businesses in sectors such as electronics, textiles, automotive, leather and footwear, and mechanical engineering.

It will focus on improving its investment climate, policies and opportunities to develop supporting industries.

It will also create favourable conditions for accessing bank and other credit, support businesses in researching new products and adopting new technologies, especially for small and medium-sized businesses.

It will help businesses collaborate to produce large volumes of components and others for manufacturers while also sustaining quality.

It will promote linkages between businesses and education facilities to develop human resources for the industry, and provide land for supporting industries in industrial parks with good infrastructure and competitive rents.

In 2023 Bình Phước maintained its momentum with industrial growth of 10.36 per cent. — VNS

Forum connects Bình Phước with European businesses

The southern province of Bình Phước introduced its potential and incentives to invite European investors to invest in industry, trade, and high-tech agriculture in the province

Economy

Bình Phước industrial production soars in 2024

Bình Phước Province’s industrial production index (IIP) increased by 19.2 per cent in the first two months of 2024, with high growth rates recorded across many industries.

Economy

Bình Phước seeks ways to attract investors

Thanks to the efforts of Bình Phước Province to improve its investment environment, the private sector is growing in number and quality and increasing its share of the economy.

Experts call for efforts in protecting IP rights

Economy

Rubber exports hit US$607 million in Q1

Economy

Investment in Vietnamese startups in 2023 ranks third in Southeast Asia

Economy

Hoà Bình construction group approves share issuance and debt swap plan

Economy

Việt Nam's rice export surges in Q1 2024

Economy

Sacombank tells shareholders most business targets achieved in 2023

More on this story

Economy

Vân Phong 1 BOT Thermal Power Plant becomes operational

The Vân Phong 1 BOT Thermal Power Plant in the Vân Phong Economic Zone of the south-central province of Khánh Hòa was inaugurated on Wednesday, supplying an additional 8.5 billion kWh per year, accounting for approximately 3 per cent of the total electricity output nationwide.

Economy

Horticulture, floriculture tech expo opens in HCM City

Some 200 companies are taking part in an international horticultural and floricultural expo being held in HCM City from March 13 to 15.

Economy

February automobile sales see biggest fall in three years

Local automobile sales in February plummeted 50 per cent year-on-year to 11,633 automobiles, the biggest drop in three years.

Economy

HDBank rolls out credit package worth $81.37 million to fund petrol stations switching to e-invoices

HDBank is deploying a programme that provides a solution set and a credit package worth VNĐ2 trillion (US$81.37 million) for fuel retailers, including financing of up to 60 per cent of the cost of installing an electronic invoice issuance system from March 1.

Economy

Domestic airlines’ fleets likely to shrink in two years: CAAV

The fleets of some Vietnamese airlines are likely to shrink in 2024 and 2025, thus subsequently affecting their transportation capacity on domestic and international routes, said the Civil Aviation Authority of Việt Nam (CAAV).

Economy

Rice sector needs stronger linkage chain

Although Việt Nam holds huge potential to boost rice export in 2024 as the world is forecast to face a shortage of about five million tonnes of the grain, limitations in linkage chain must be tackled for the industry to move forward.

Economy

Hot weather threatens losses for Bình Phước cashew farmers

Prolonged hot weather has caused cashew trees in Bình Phước Province to wilt at a time when prices of the nut are also low, causing farmers severe losses.

Economy

PV Power's electricity sales drop nearly by half in Feb

The PetroVietnam Power Corporation (PV Power)'s electricity sales revenue for February 2024 dropped by nearly 45 per cent compared to the same period last year, according to the latest report by the company.

Economy

Việt Nam's export recovery gains momentum

Việt Nam’s exports have been on a path of recovery since the beginning of the year. According to a report from the General Statistics Office (GSO), the total export turnover of goods in the first two months of 2024 reached US$59.34 billion, a 19.2 per cent increase compared to the same period last year.