Industry promotion projects attract reciprocal capital
Testing a national industry promotion project at the Viet Bac Development and Construction Investment Joint Stock Company in the city of Lang Son, Lang Son Province - photo: Duong Hoang |
According to the Lang Son Provincial Department of Industry and Trade, from 2018 to 2022, the province implemented and tested 48 industry promotion projects with a total capital of more than VND38.2 billion, including VND7.76 billion worth of state funding and VND30 billion plus worth of reciprocal from project beneficiaries - enterprises and cooperatives.
Each dong of industry promotion funding has helped attract up to 3.9 dong of reciprocal capital from project beneficiaries, said Nguyen Trong Nghia, Deputy Director of the Lang Son Provincial Department of Industry and Trade.
Through industry promotion projects/programs, Lang Son has helped industrial producers innovate production lines, contributing to adding value to products and increasing production capacity and product quality, Nghia said. The province prioritized manufacturing and processing industries, in which it has advantages, and the creation of products using local raw materials, he added.
The department representative assessed that industry promotion projects/programs have efficiently helped the province’s socioeconomic development, and Lang Son’s industry and trade sector will further mobilize resources for industry promotion.
The province will disseminate industry promotion policies among a growing number of beneficiaries and potential beneficiaries, improve knowledge and skills for industry promotion officials and collaborators, and regularly survey rural production facilities to provide provincial authorities with practical proposals on industry promotion policy development.
The department’s deputy director has proposed that the Ministry of Industry and Trade and the Lang Son Provincial People’s Committee allocate additional funding for industry promotion, give priority to struggling areas, and expand businesses’ and cooperatives’ access to land.
See also
Quang Binh focuses investment in advantageous areas
06:12 | 13/09/2024 Industry promotion
Lang Son to ease difficulties for industrial producers
09:48 | 22/08/2024 Industry promotion
Vinh Phuc facilitates rural industrial development
07:32 | 09/08/2024 Industry promotion
City promotes effectiveness of collaborators network
10:36 | 07/08/2024 Industry promotion
Mushroom production mechanization proves effective
09:05 | 25/07/2024 Industry promotion
ARIT strives to complete all plans
07:00 | 24/07/2024 Industry promotion
See more news
Quang Binh adds value to rural industrial products
13:15 | 08/07/2024 Industry promotion
Kien Giang assists rural industrial enterprises
13:13 | 06/07/2024 Industry promotion
Hanoi good at rural industrial development
09:05 | 26/06/2024 Industry promotion
Important solution for rural mechanization
07:30 | 24/06/2024 Industry promotion
Hoa Binh Province develops industrial clusters
13:09 | 10/06/2024 Industry promotion
Binh Phuoc creates production premises for cashew processing
06:34 | 08/06/2024 Industry promotion
Bac Giang Province enhances rural industrial development
07:00 | 26/05/2024 Industry promotion
Tra Vinh moves ahead with advanced manufacturing projects
10:13 | 21/05/2024 Industry promotion
Thai Nguyen energizes rural industrial enterprises
14:00 | 08/05/2024 Industry promotion
IC development challenges Dong Nai Province
14:00 | 07/05/2024 Industry promotion
Year-end stimulus expected to boost economic growth
15:37 | 23/12/2024 Economy
Domestic factors to drive Vietnam's GDP growth in 2025: VinaCapital
15:30 | 23/12/2024 Economy
Vietnamese products crave out a niche in UK market: Official
15:26 | 23/12/2024 Vietnamese Brands
Mekong Delta tourism continues to surge
15:21 | 23/12/2024 Tourism
Ben Thanh-Suoi Tien metro line - catalyst for HCM City's tourism development
15:17 | 23/12/2024 Tourism
Multimedia
Glorious tradition of the Vietnam People's Army
08:30 | 22/12/2024 Infographic
Total FDI registered in Vietnam hits 31.4 billion USD in January-November
09:02 | 17/12/2024 Infographic
First 11 months of 2024: Import-export turnover increases 15.4%
10:55 | 16/12/2024 Infographic
11-month agro-forestry-fishery exports exceed yearly target
19:55 | 15/12/2024 Infographic
Hanoi achieves or exceeds 23/24 socio-economic targets for 2024
08:57 | 13/12/2024 Infographic
Ministry proposes extending agricultural land tax exemption through 2030
15:06 | 23/12/2024 Policy
Gov't targets to gradually make English second language at schools by 2030
15:45 | 21/12/2024 Policy
Nine newly-adopted laws made public
16:42 | 20/12/2024 Policy
Resolution on construction of North-South high-speed railway issued
11:42 | 19/12/2024 Policy
Ministry proposes incentives for renewable energy projects
16:17 | 20/12/2024 Energy
The Era of Advancement for Vietnam Industrial Park
17:15 | 19/12/2024 Industry
Vietnamese coffee sector working to meet EU Deforestation Regulation
16:38 | 18/12/2024 Industry
Construction industry expands at the highest rate since 2020: ministry
09:38 | 18/12/2024 Industry
Nghe An Southeast Economic Zone aims to attract 1 billion USD in FDI in 2025
12:33 | 21/12/2024 Investment
Boeing aims to expand investment and cooperation in Vietnam’s defense sector
17:00 | 19/12/2024 Investment
Can Tho attracts non-state investment
10:21 | 17/12/2024 Investment
FDI remains vital contributor to boost economic growth
09:06 | 13/12/2024 Investment
Year-end surge in property bond issuance amid financial challenges
09:39 | 20/12/2024 Finance-Banking
Vietcombank named most valuable brand in Vietnam
16:43 | 18/12/2024 Finance-Banking
Many banks increase deposit interest rates in year-end period
16:56 | 16/12/2024 Finance-Banking
Deputy PM urges extra efforts to remove Vietnam from money laundering grey list
15:16 | 13/12/2024 Finance-Banking
Vietnam likely to face continued turbulent weather systems in 2025
14:26 | 19/12/2024 Environment
Nature-based projects help Mekong Delta fight climate change
16:31 | 18/12/2024 Environment
11 rare monkeys released back into wild in Nghe An
09:27 | 18/12/2024 Environment
Master Plan on Sustainable Exploitation and Use of Coastal Resources announced
11:26 | 16/12/2024 Environment
Contracts worth 286.3 million USD inked at Vietnam Int’l Defence Expo 2024
17:02 | 22/12/2024 Science - Technology
Vietnam can partner with UK in developing nuclear power: Expert
12:43 | 21/12/2024 Science - Technology
Vinaphone launches fastest 5G service in Vietnam
12:38 | 21/12/2024 Science - Technology
Vietnam cooperates with Google to launch “Official Government Apps" feature
17:13 | 20/12/2024 Science - Technology
Bac Ninh: 28 additional 4-star-rated OCOP products
23:24 | 22/12/2024 Society
HCM City’s first metro line launched after years of delay
16:47 | 22/12/2024 Society
Aviation sector strengthens smuggling, commercial fraud and counterfeit goods control
09:49 | 22/12/2024 Society
How will green transformation roadmap for Ho Chi Minh City public transport be applied?
12:19 | 21/12/2024 Society
Vietnamese products crave out a niche in UK market: Official
15:26 | 23/12/2024 Vietnamese Brands
Viettel's hi-tech products meets standards for supply to Malaysia
13:19 | 21/12/2024 Vietnamese Brands
Hanoi promotes key industrial products
12:57 | 15/12/2024 Vietnamese Brands
Building a strong brand for Ha Giang’s thick-skinned orange
14:31 | 12/12/2024 Vietnamese Brands
Fireworks to light up sky over Hanoi on New Year celebration
15:13 | 23/12/2024 Culture
Vietnam’s high-end fashion targets Chinese market
10:04 | 22/12/2024 Culture
Enduring tradition of Ha Nhi ethnic minority group's costumes
13:14 | 21/12/2024 Culture
Legendary band Boney M to thrill Vietnamese audiences this Christmas
14:49 | 17/12/2024 Culture
Mekong Delta tourism continues to surge
15:21 | 23/12/2024 Tourism
Ben Thanh-Suoi Tien metro line - catalyst for HCM City's tourism development
15:17 | 23/12/2024 Tourism
Overseas tourism promotion: Breakthrough in market connectivity
14:46 | 23/12/2024 Tourism
Two VNese destinations among cheapest places to live for digital nomads
13:10 | 21/12/2024 Tourism