Hai Duong Industry's Rapid Development

3:26:25 PM | 8/7/2005

Hai Duong Industry's Rapid Development


It is four years' since the implementation of the programme No 06/CT-TU of the local Party Committee on industrial development for the 2001-2005 period, and Hai Duong province has gained significant results, making a contribution to its becoming a wealthy province.


Hai Duong province has a convenient geographic location and great advantages in industrial material supply and transportation. With non-ferrous mineral mines, such as coal, clay, bauxite, limestone, and especially high quality white clay, Hai Duong has famous industrial manufacturers, the Hoang Thach Cement Plant and the Hai Duong Ceramic Plant.


Having tapped its potential, industrial production in Hai Duong province has seen a rapid development in recent years. By late this year, the province will have achieved all targets set until 2005 with industrial production value exceeding 22.7 per cent. This is contributed to by the private sector's excess of 35.9 per cent, the foreign-investment sector's 27.7 per cent and the centrally-run sector's 23.1 per cent. Most major products, including electricity, automobile assembly, pump and tap water, have achieved or exceeded the targets set out for 2005. Industrial production has seen a growth rate of 22.3 per cent in the last four years, which is much higher than the target of between 13 and 14 per cent for the 2001-2005 period. Industrial production is expected to account for 43 per cent of the province’s economic structure, compared with a target of 40 per cent in 2005. With an increase of 45 per cent, industrial export turnover exceeded the 2005 target.


The local industrial sector has basically developed labour-intensive industries while concentrating on creating favourable conditions for and providing support for the private sector. The province has issued many policies to encourage the development of rural craft villages with Decision No 132/2000/QD-TTg on encouraging rural crafts, Decision No 132/2001/QD-TTg on developing infrastructure and craft villages, and Decree No 90 on providing support for small and medium-sized enterprises. As a result, private-run and rural industrial production has seen the highest growth rate in the province’s industrial sector.


High-tech industries, which use less labour, such as automobile assembly and cement production, have been given with priorities. Farm-produce processing alone has received a great priority for development, so its production value has seen an average growth rate of 13.2 per cent per year.


The province has promoted marketing for industrial and handicraft products, programmes on attracting and using all domestic and foreign investment capital effectively and projects on developing infrastructure in industrial parks. Also, the province has issued policies to encourage and support investors. As a result, the province can attract more than VND 2,000 billion for industrial production.


Rural industrial production and craft villages have a huge capital demand for conversion. The province has spent VND 1 billion from the fund for industrial promotion supporting vocational training and importing new crafts to local rural areas. So far, some localities in the province have developed bamboo and rattan article making for export, embroidery, and farm-produce processing. The number of trained workers has increased from 1,600 to 2,500 people. 


Local authorities have considered the development of infrastructure and the promotion of scientific and technological application as their priority. At the same time, the province has promoted the mobilisation of resources for development, creating favourable conditions for enterprises to get loans from the State alongside the issuing of policies on tax priorities to encourage investment in rural areas and craft villages. 

  • Van Toi