The northern province of Thai Binh has rolled out policies in promoting the development of the industrial sector at large and supporting industries in particular, with priorities given to garment-textile, mechanics and electrical/electronic devices.
At a garment-textile factory in Vietnam. (Photo: congthuong.vn)
Local authorities said that supporting industries have served as a driving force for garment-textile, greatly contributing to the province’s export growth.
Thai Binh is currently home to 234 garment-textile and footwear firms, of which 44 are operating in supporting industries.
The provincial People’s Committee affirmed that it will focus on the development of supporting industries in garment-textile, electronics, mechanical engineering and pottery, viewing it as a driving force for the local industrial development.
To attract investment in such fields, the province has devised numerous measures, underlining solutions in administrative reform, human resources and training programmes.
In addition, it will continue to bolster investment promotion, calling for investment from big corporations and companies, and building incentives for foreign firms which pledge to transfer technology to and provide support for local counterparts in supporting industries.
Local authorities will also work to remove bottlenecks facing firms, and assist garment-textile, electronics and mechanics enterprises in their efforts to integrate into the global supply chain./.