Hotline: 0274 383 347
Thursday, 9-7-26 03:14:42

Economics

Hotline: 0274 383 347

Support for production development and market expansion

Industrial promotion programs have encouraged enterprises, rural industrial establishments to expand production, innovate, and improve product quality, thereby improving competitiveness, widen export market.

Production activities at Kim Chung Mechanical Trading Service Company (Tan Uyen Town).

In accordance with needs of enterprises

Over the past years, with many comprehensive solutions, industrial promotion activities in the province have gained practical results. Industrial promotion activities were organized to satisfy the needs and accessibility of enterprises, such as building technical demonstration models, applying advanced machines, scientific and technical advances into production; conducting selection of excellent products; assisting in seeking and expanding product consumption markets... A prominent effect of industrial promotion program 2016 - 2020 is the assistance in application of advanced machinery and equipment into manufacture and handicraft. This is the biggest program accounting for more than 60% of the local industrial promotion budget, because in fact this is the real demand of localities and enterprises.

Industrial promotion programs have encouraged enterprises, rural industrial establishments to expand production, innovate, and improve product quality, thereby improving competitiveness, widen export market. In order to improve the quality of operations, the industry and trade authority carried out surveys, learnt experience in promotion activity development, held vote on excellent rural industrial products, supporting the cooperation in product market development between municipalities.

Before receiving fund for the procurement of machinery, most enterprises and production facilities faced limited management capacity, especially capital. Many times, enterprises could not find solutions for their operations. According to Trinh Thi Hong Chau, Director of Kim Chung Mechanical Company (Tan Uyen Town), due to deep and robust industrial growth in recent decades, enterprises need to be specialized in production, hence the demand for auxiliary products is increasing. That is the beginning for metal casting industry to thrive due to the increasing demand.

Grasping the demand of this fast-growing and strong market segment, Kim Chung Mechanical Company has boldly invested in scientific and technical advances, new and modern machinery for metal casting work of the company. Local industrial incentive fund supported the company in the purchase of an emission spectral analyzer of metal components Model PDA-MF, which is manufactured by Shimadzu (Japan), to control product quality before and during manufacturing process; fulfill orders and expand production of the company in the current period. With the additional fund, the company invested in machinery, so that their business performance has been much better. Clients from Europe, Japan have come to do business with the company. Ms. Trinh said, this financial support was small but very valuable because it has provided a great spiritual encouragement for the company. This is a practical support for the company to grow stronger in the future.

The new machine has helped the company to be proactive in metal component analysis due to the good control of input product quality. Thereby helping the company increase productivity and efficiency, increase competitiveness, and generate profit. The machine saves time, reduces outsourcing costs to analyze compositions of products, improve product quality, create regular and stable jobs for workers, contribute to increase income, improve workers' lives.

A large support for businesses

In the coming time, industry and trade authority will turn industrial promotion activities towards the rural industrial development to stimulate production activities, raise the level of all economic sectors, invest in rural industrial development.

According to Phan Thi Khanh Duyen, Deputy Director of Investment Promotion, Trade and Industrial Development Center (Department of Industry and Trade), their important goal is to support enterprises; this unit sticks to main orientations to avoid wasting resources, prioritize large projects, exploiting advantages of the province, and bring benefits. Although the financial support from State budget is not much, this, over the years, has become the anchor that helps businesses develop sustainably.

In order to continue effectively implementing industrial promotion activities in the coming time, Investment Promotion, Trade and Industrial Development Center increases the information and propagation about these activities to owners of businesses and production establishments, relevant legal documents in industrial promotion activities; consulting services, production investment, branding, promotion and consumption of products... In particular, this center focuses on extensive propagation of industrial promotion activities on mass media so that beneficiaries have favorable conditions to access and be benefited from State's policies. In addition, the center also continues to diversify supporting contents, scale up performance models, pilot models to create an effective spread for the application of advanced techniques into industrial production - small craft industry.

 Reported by Tieu My - Translated by Ngoc Huynh

 

Green development under local characteristics

With various industrial parks (IPs) already built or planned for future investment, Bau Bang district has identified green industry as its strategic path

Vietnamese products grab spotlight at Algiers int’l fair 2025

Vietnamese goods are gaining international attention at the 56th Algiers International Fair (FIA 2025), held from June 23–28 in Algeria's capital.

OCOP programme hits milestone with 126 five-star products nationwide

The National Council for the Evaluation of OCOP Products on Tuesday announced the recognition of 47 new five-star-rated products under the One Commune One Product (OCOP) programme,

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

Establishing a framework for the reorganization of the global supply chain

In light of the global economy being influenced by various factors such as supply chain disruptions,

Opening doors for workers to own housing

With the strong support of the government, active participation from the banking system, and the attention of provincial leaders and businesses, access to social housing for workers and low-income individuals is widening.

Tan Uyen city enhances the inspection and enforcement of trade violations

In accordance with the directives of the Provincial Steering Committee for the Prevention of Smuggling, Trade Fraud,

Total tax revenue in Binh Duong reaches 63.7% of estimate

On June 23, Tax Department of Region XVI held a conference to review tax work for the first six months of 2025, outline tasks for the remaining six months, and honor exemplary enterprises.

Elevating development

Amid the current global economic landscape, which is being significantly impacted by shifts in supply chains, trade dynamics

Enterprise - Brand

Company Social Media Net

Company VIETNAMNAY

Company HANEL MIROLIN

Company Keangnam - vina

Company HP Travel

Company Keloph