Lap Thach to Have At least Two Operational IPs by 2025

10:02:04 AM | 23/11/2020

The Resolution of the 21th Lap Thach District Party Congress (the 2020 - 2025 term) states that Lap Thanh district will have at least two industrial zones in operation by 2025, aiming to become one of the largest industrial producers in Vinh Phuc province after that.

To achieve this goal, the district will focus on developing human resources, attract investment capital, boost socioeconomic development. In 2017, the district issued Resolution 06-NQ/HU on “Improving the quality of labor resources to attract investment and develop industry, handicraft, service and tourism in 2017-2020 period, with a vision to 2030.” Every year, Lap Thach builds vocational training plans for rural workers, plan to create jobs and send workers to work abroad. It directs relevant professional agencies to actively coordinate with vocational training schools to spread information on vocational training, support policies and employment demands. Currently, trained workers account for nearly 60% of total workers in the district. Vocational training programs have been renovated to match market demand and employers’ requirements. Improving the quality of human resources has helped Lap Thach made breakthroughs in investment attraction and industrial development. Many large companies like Loi Tin Shoe Company, A My Industry Joint Stock Company and FWKK Garment Company are present in the district. The industrial output value was estimated at VND4,556 billion in 2020, an increase of VND3,280 billion over 2015. They are employing more than 14,000 local workers.

By Hoang Tham, Vietnam Business Forum