Thursday, December 3 2020


Hà Nội identifies its key industrial products

Update: October, 24/2020 - 10:53


Lights and lamps of Rạng Đông Company are among key industrial products of Hà Nội in the last few years. Photo VNA/VNS Photo

Vice director of Hà Nội’s Department of Trade and Industry Department Đàm Tiến Thắng told Hà Nội Mới (New Hà Nội) newspaper about the city’s plan to develop and improve the competitiveness of its key industrial products

Hà Nội launched a project to develop its key industrial products two years ago. What has been done under the project?

The project which concentrates on selecting and recognising outstanding industrial projects in the city has achieved notable results. The municipal People’s Committee selected and recognised 91 key industrial products from 58 producers.

Out of the 58 producers, 15 have yearly revenues of more than VNĐ 1 trillion each while other eight are titled enterprises with high-tech products.

Enterprises in the project have made efforts in scientific and technological applications. They also applied international standards in quality management and increased the degree of automation in production and management.

The key industrial products of Hà Nội are highly competitive. The products not only help promote traditional values and orient other products of the same type but also contribute to asserting product reputation, enhancing the branding of producers in the market and in the business community.

Does the city offer any support or incentives to enterprises which have their products recognised as key industrial products?

The city has been paying much attention, support and creating favourable conditions for local enterprises. It implements support policies and programmes such as trade promotion activities and an improved business environment, helping enterprises to increase competitiveness, speed up scientific and technological applications, and increase the quality of human resources.

The city’s recognition for key industrial products also contributes to increasing the branding of producers, enhancing their production and trade, paving the way to sustainable development.

What does the city want to achieve in the next five years as the municipal People’s Committee has approved another project on key industrial products during 2021-25?

The city aims to develop its economy fast and sustainably and successfully implement the resolution of the city’s 17th Party Congress in 2020-25. As part of the targets, the city plans to concentrate on developing industrial products made with modern advanced technologies, friendly to the environment and with higher added value.

The city also expects increased competitiveness of key industrial products and improved links in production. Enterprises with key industrial products will be assisted to make use of the Industrial Revolution 4.0 to increase labour productivity, develop new technological industries and step by step have products with high competitiveness in regional and global markets.

At the same time, the city aims to take advantage of new-generation free trade pacts like the CPTPP and EVFTA and further enter into global production and supply chains.

In the project, the city also targets to attract the participation of 100-200 enterprises with about 150-180 products to recognise as the city’s key industrial products during 2021-2025.

By 2025, such enterprises are expected to contribute 40-50 per cent of the city’s total value of industrial production and 20-25 per cent of its export revenue.

Can you talk about some measures to realise these targets?

The city will continue activities of trade, investment promotion and support for enterprises.

We plan to organise trade fairs to display, introduce local products and invite international producers, importers and distributors to the fairs. So, key industrial products could be introduced and accessed in the global market.

The city continues giving priority to improving the business environment by reducing time for administrative procedures in construction, customs, taxation and investment.

The city will also speed up the establishment and completion of high-tech zones, industrial parks or industrial clutters, expected to help develop modern, competitive and environmentally-friendly industries.

Links among localities in the capital region are also expected to increase.

In the near future, we will also organise dialogues with enterprises to find their difficulties and offer support.

The city will continue to develop and improve mechanisms and support policies designed for enterprises with key industrial products so they could become an important driver for the economic development of the capital. VNS


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