Tay Ninh Industrial Production: Ongoing Competitiveness Improvement

11:45:51 AM | 5/12/2019

To catalyze economic restructuring, Tay Ninh province has applied mechanisms and policies on business support and incentives to draw investment funds for developing key industrial products (e.g. sugarcane, cassava, rubber, cement, leather and plastic products) in recent years, thus adding momentum for key industrial products to be expanded more strongly and raising the overall industrial production value of the province.

Prioritized development of key industries

So far, the industry of Tay Ninh province has five major sub-sectors (processing, garment and textile, leather and footwear, non-metallic mineral manufacturing; and rubber and plastic processing), which account for about 80% of the province’s industrial production value. Especially, industrial growth has been largely driven by the processing sector that utilize locally advantageous raw materials (e.g. sugarcane, cassava and rubber). Besides the processing industry, Tay Ninh has strongly developed the textile and apparel industry, with textile, yarn and garment being its main products.

Tay Ninh province has achieved encouraging results manufacturing key industrial products. Particularly, some products have been deeply processed, including modified manioc starch and vehicle tires, to increase their added value and competitiveness.

Mr. Le Anh Tuan, Director of the Department of Industry and Trade of Tay Ninh, said, to help businesses access and integrate into the world market, especially manufacturers of key industrial products, the department actively supports them to build and protect their intellectual property; and helps them build brands and trademarks in domestic and foreign markets. It helps them promote trade and services, acquire new management knowledge and professional skills and upgrade cutting-edge technologies. The department regularly hosts business delegations or leads businesses to join trade delegations, market surveys, fairs, exhibitions, seminars and conferences in Vietnam and other countries to find partners. It enhances cooperation and information exchange with trade promotion agencies in the region and trade counselors in some countries, Vietnamese business associations in foreign countries and localities in Vietnam to support local businesses to expand consumer markets. Remarkably, joining the province’s pavilions and supporting local businesses to attend trade fairs and exhibitions inside and outside the province help introduce and promote local economic potential and key products to other provinces to uplift its position while creating a good opportunity for local and external businesses to expand their markets.

In addition to supporting and encouraging businesses to develop key industrial products, Tay Ninh province facilitates them to invest and cooperate with partners in three Cambodian border provinces (Svay Rieng, Prey Veng and Tboung Khmum) to produce agricultural products and transport harvested agricultural products to Tay Ninh, thus creating a large source of inputs for sugarcane and noodle processors in the province. Under the direction of the Provincial People’s Committee, the Department of Industry and Trade of Tay Ninh has also carried out an industrial promotion program to support businesses to foster scientific and technological application and technological innovation to enhance productivity, product quality and competitiveness in the market.

Striving to become a modern industrial province

By 2030, Tay Ninh will basically accomplish the goal of industrialization and modernization. Some processed products of strong international competitiveness will deeply join domestic value chains and gradually enter global value chains.

By 2030, the share of industry in the province’s gross regional domestic product (GRDP) is expected to reach over 40%, with the share of processing and manufacturing accounting for 30% of GRDP. The share of high-tech industrial products in the processing and manufacturing industry reaches at least 45%. Industrial production value is forecast to rise an average of 14.5% or more annually.

Workers in industrial and service sectors account for over 70% of the labor force. In the coming time, the province will also attempt to complete and effectively operate industrial parks. Some industrial companies in the province are large and globally competitive.

In order to achieve the above targets, in the coming time, Tay Ninh province will focus on developing some industries to tap local advantage, to enter deeply into global value chains and to drive other industries; to use environmentally friendly technologies, and to generate high added value. The province will also develop some labor-intensive industries where it has advantages.

From now to 2030, the province will give priority to developing such industries as refined agricultural product manufacturing; clean energy and renewable energy; and agriculture-based processing and manufacturing industry that meet international standards. Tay Ninh will continue to develop garment, textile, leather and footwear industries and draw them into industrial parks. Priority will be given to projects with high added value that use smart and automated processes or to some mechanical engineering industries like agricultural machines, construction equipment, industrial equipment, electrical equipment and medical equipment.

In 2030-2045, Tay Ninh will develop next generations of ICT industry and universalize digital, automation, advanced equipment, new materials and biological equipment. It will also modernize industrial restructuring to increase the added value and smartness, build smart factories, develop smart products and equipment. By 2045, Tay Ninh will become a modern developed industrial province and become an average province in the Southeast region.

Cong Luan