Dong Nai set out goals for the industrial sector with a focus on attracting high-tech industries, creating high value-added products and building brand for industrial products.
Dong Nai set out goals for the industrial sector with a focus on attracting high-tech industries, creating high value-added products and building brand for industrial products. To complete goals, the province’s industry and trade sector has been implementing the restructuring of the industrial sector.
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| Dong Nai continues to improve the quality of investment and change the structure of the industrial sector in 2013 |
Overcoming difficulties for enterprises
Dong Nai’s industrial production index in 2012 increased by 16.5 percent compared to 2011. Most of the province’s major products increased in terms of output compared to the same period last year, such as enameled tile, confectionery, sugar, electric fans, tiling, sports footwear and garment. Dong Nai’s export turnover in 2012 reached US$10.965 billion, an increase of 15 percent compared to the same period last year.
A number of large-scale state-owned enterprises continued to obtain achievements in production and business activities in 2012. For example, Dong Nai Food Industry Corporation (DOFICO)’s revenues reached over VND8.2 trillion and profits totaled more than VND500 billion, an increase of 10 percent compared to the plan. The corporation also paid VND1.3 trillion to the budget. The Sonadezi Corporation reached revenues of more than VND320 billion and paid VND200 billion to the budget.
Dong Nai’s industry and trade sector focuses on resolving difficulties for enterprises and ensuring sustainable development of the industrial sector in 2013; cooperating with units to effectively implement the restructuring program and rural infrastructure development projects; enhancing operational efficiency of trade promotion programs; and developing supporting industries. The province strives to reach industrial production value of about VND160.2-160.9 trillion in 2013.
Dong Nai Department of Industry and Trade Director Le Van Danh said that the industry and trade sector has actively implemented a number of tasks in overcoming difficulties and supporting for enterprises according to Resolution 13/NQ-CP; advised Dong Nai People’s Committee to organize dialogue meetings between commercial banks and enterprises in order to find out measures to support capital and decline interest rates for small and medium-sized enterprises and agricultural processing facilities; promoted propaganda on the “Buy Vietnamese Goods” campaign; and stabilized prices of some essential commodities in 2012.
Enterprises in Dong Nai have had appropriate production and business policies to promote export. Many domestic export enterprises have actively sold their products in new markets, such as Africa, Latin America and Western Asia. In particular, the industry and trade sector has supported the development of foreign markets through the organization of trade promotion activities, trade fairs and seminars in traditional markets, including Cambodia, Laos, Thailand, Myanmar, Malaysia, Singapore, Japan, the Republic of Korea, China and Germany.
Actively pursuing the restructuring of the industrial sector
According to development orientation by 2015, Dong Nai Province will basically complete objectives towards industrialization and modernization. The province strives to reach average GDP growth of 13-14 percent per year in the 2011-2015 period. In addition, the industry and construction sector and services account for 56-57 percent and 39-39 percent of economic structure respectively. 2013 could be seen as an important year for Dong Nai to continue to improve the quality of investment and change the structure of the industrial sector.
Le Van Danh said that the province has been changing the structure of the industrial sector in 2012 with a focus on key industry and priority industry groups. It was necessary to implement its task because the priority industry group continued to mainly contribute to the growth of the industrial sector in 2012. Economic structure of the priority industry group continued to slightly increase from 61.2 percent in 2011 to 61.5 percent in 2012. Despite a slight decline in economic structure of the key industry group from 38.8 percent in 2011 to 38.6 percent in 2012, the growth rate of its group sharply increased compared to the overall growth rate of the industrial sector. In addition, the province has been rearranging and planning industrial zones and clusters and adopting support policies to attract small and medium-sized enterprises to invest in supporting industries.
Dong Nai Department of Industry and Trade proposed six groups of measures, including policies on supporting investment, encouraging enterprises to overcome difficulties and developing the market; and solutions and policies to training human resources, developing products and enhancing business management capacity. In addition to timely meet requirements in the restructuring program of the industrial sector, the province plans to develop training of human resources.
(Source: VEN)
