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
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
Nghe An accelerates progress of local industry promotion
14:00 | 24/04/2024 Industry promotion
Hanoi enhances industrial cluster development
14:00 | 23/04/2024 Industry promotion
Dong Nai expands role of industry promotion collaborators
14:00 | 11/04/2024 Industry promotion
Gia Lai calls for private investment in IC infrastructure
14:00 | 10/04/2024 Industry promotion
See more news
Dien Bien effectively supports local companies in macadamia processing
14:00 | 23/03/2024 Industry promotion
Hanoi facilitates investment in ICs
14:00 | 22/03/2024 Industry promotion
Binh Thuan to achieve 2024 industry promotion target
14:00 | 21/03/2024 Industry promotion
Better design needed to develop outstanding rural industrial products
14:00 | 20/03/2024 Industry promotion
Nam Dinh Province boosts IC development
14:00 | 25/02/2024 Industry promotion
Major solutions to improving industry promotion
06:00 | 24/02/2024 Industry promotion
Hanoi synergizes resources for craft village development
14:00 | 10/02/2024 Industry promotion
Boost given to key projects
14:00 | 09/02/2024 Industry promotion
Decree facilitates industrial development
14:00 | 13/01/2024 Industry promotion
Long-term strategy needed for rural industrial products
14:00 | 12/01/2024 Industry promotion
Leaders pay tribute to President Ho Chi Minh to mark his 134th birthday
10:05 | 19/05/2024 News and Events
Hà Nội Metro announces profit from the Cát Linh–Hà Đông metro line
10:00 | 19/05/2024 Economy
Cement makers call for scraping of clinker export tax
09:00 | 19/05/2024 Economy
Tourism sector goes green for sustainable development
08:22 | 19/05/2024 Tourism
Digital transformation in logistics - a key to unlocking sustainable e-commerce and economic development
07:00 | 19/05/2024 Economy
Multimedia
Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing
06:00 | 15/05/2024 Lifestyle
The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status
16:49 | 13/05/2024 Lifestyle
HCM City: top spot in Việt Nam for slow travel lovers
09:00 | 13/05/2024 Tourism
The Anam Cam Ranh named among Vietnam’s best family hotels
06:00 | 11/05/2024 Vietnamese Brands
Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List
07:00 | 11/05/2024 Lifestyle
Tax, land rent payment deadlines to be extended this year
06:00 | 19/05/2024 Policy
Ministry proposes tax filing deadline extension for 2024
06:00 | 17/05/2024 Policy
Viet Nam targets to have 2 million enterprises by 2030
07:00 | 15/05/2024 Policy
Law on Telecommunications hoped to promote development of new telecoms services
06:00 | 13/05/2024 Policy
Energy giants plan for national power plan
06:00 | 18/05/2024 Energy
Vietnam charts vision for sustainable, modern fisheries
06:00 | 16/05/2024 Industry
Vietnam should seize opportunity to join global semiconductor supply chain
08:00 | 15/05/2024 Industry
Việt Nam's wood industry strives to match sustainable wood demands
07:00 | 14/05/2024 Industry
Delegation from EU, Netherlands explore investment opportunities in Thai Nguyen
07:10 | 18/05/2024 FDI
Desk established in Dong Nai to support Japanese investors
09:02 | 16/05/2024 Investment
Vietnam should not miss opportunities to attract FDI
08:00 | 14/05/2024 FDI
New wave of Chinese investment
06:00 | 12/05/2024 FDI
Banks raise interest rates to attract depositors
16:47 | 17/05/2024 Finance-Banking
Credit access obstacles lifted for collective economic entities
06:00 | 16/05/2024 Finance-Banking
Government urged to narrow domestic, global gold price gap
08:36 | 15/05/2024 Finance-Banking
Biometric verification ensures safer money transfers
17:23 | 13/05/2024 Finance-Banking
First provincial biodiversity museum launched in Quảng Nam
06:00 | 19/05/2024 Environment
Enhancing informal sector’s role in EPR implementation
06:00 | 18/05/2024 Environment
Centre opened to serve environmental data integration, monitoring network operation
06:00 | 16/05/2024 Environment
Capacity building for policy makers, large emitters on ETS and carbon market
08:48 | 15/05/2024 Environment
Semiconductor investment prioritized
06:29 | 17/05/2024 Science - Technology
Full cyber stream ahead Bắc Giang focuses on digital society development
06:00 | 11/05/2024 Science - Technology
35 localities piloting four-wheel EVs for tourists, despite no official legal regulations
07:00 | 09/05/2024 Science - Technology
2024 VinFuture Prize records 1,469 nominations
06:00 | 07/05/2024 Science - Technology
HCM City to complete 183km of metro routes by 2035
06:00 | 17/05/2024 Society
Railway sector gets creative to attract passengers
07:00 | 15/05/2024 Society
Việt Nam’s largest high-speed ship service from HCM City to Côn Đảo launched
07:00 | 14/05/2024 Society
Central Highlands to become renewable energy hub
08:58 | 13/05/2024 Society
Vietnamese agricultural products to take part in Foodservice Australia 2024
15:08 | 17/05/2024 Vietnamese Brands
PV GAS launches Month of Workers
10:22 | 16/05/2024 Companies
National Brand Program promotes prestigious Vietnam
13:09 | 15/05/2024 Vietnamese Brands
Largest made-in-Vietnam bulk carrier launched
17:07 | 13/05/2024 Vietnamese Brands
Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing
06:00 | 15/05/2024 Lifestyle
The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status
16:49 | 13/05/2024 Lifestyle
Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List
07:00 | 11/05/2024 Lifestyle
European Literary Days focuses on gender
06:00 | 09/05/2024 Lifestyle
Tourism sector goes green for sustainable development
08:22 | 19/05/2024 Tourism
Vietnamese tourism information centre opened in India
08:00 | 18/05/2024 Tourism
Mysterious 'floating' lake discovered in Quảng Bình
16:54 | 13/05/2024 Tourism
HCM City: top spot in Việt Nam for slow travel lovers
09:00 | 13/05/2024 Tourism