Ninh Binh focuses on developing industrial clusters
In the past years, Ninh Binh has stepped up planning and investment in infrastructure construction in a bid to attract secondary investors into industrial clusters.
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In the past years, Ninh Binh has stepped up planning and investment in infrastructure construction in a bid to attract secondary investors into industrial clusters.
Auto manufacturer Thanh Cong Group and Huyndai Motor Group inaugurated the second Huyndai Thanh Cong Vietnam factory in Gian Khau industrial park, the northern province of Ninh Binh, on November 15.
In an effort to improve the Department and District Competitiveness Index (DDCI) in 2022, Ninh Binh province's management board of industrial parks (IPs) has carried out numerous solutions, focusing on improving the investment and business climate, increasing competitiveness, and promptly handling obstacles faced by enterprises, thereby contributing to the enhancement of the Provincial Competitiveness Index (PCI).
Enterprises in Ninh Binh province's industrial parks (IPs) are making efforts to boost production, thereby fulfilling their yearly tasks and plans. In addition, administrations at all levels, departments and sectors, have always accompanied the enterprises to ease difficulties in terms of mechanisms and polices in a bid to help them revive and develop production and business activities.
Ninh Binh province has planned 25 industrial clusters on a total area of 946.3 hectares by 2025, according to Decision No.1496/QD-UBND of the provincial People's Committee dated December 31, 2015.
As our country gradually adapts and effectively controls the COVID-19 pandemic, the domestic industrial production has recovered quite strongly, helping resume the supply chain in the processing and manufacturing industries, with increasing production output and new orders.
The index of industrial production posted a year-on-year rise of 8.8 percent in the first seven months of this year.
Chairman of the Ninh Binh Provincial People's Committee Pham Quang Ngoc on July 27 led a working delegation to inspect production and business activities of enterprises in Gia Van Industrial Cluster in Gia Vien district.
Chairman of the Ninh Binh Provincial People's Committee Pham Quang Ngoc on July 19 led a working delegation to inspect production and business activities of several enterprises at Khanh Phu Industrial Park in a bid to remove difficulties and to boost the economic recovery after the COVID-19 pandemic was controlled.
Ninh Binh's Index of Industrial Production (IIP) increased by 1.08% of in the first six months of 2022 while its industrial production value was estimated to reach 48 trillion VND (2 billion USD), up 4% year on year and making up 43.9% of the yearly plan, according to the Department of Industry and Trade.
Ninh Binh is planning to carry out a social housing project for labourers working at Gian Khau Industrial Park and surrounding areas in Gia Tan and Gia Tran communes of Gia Vien district.
The Office of Statistic reported that the value of industrial production is estimated to earn 8,2 trillion VND in April, increasing by 7.3% compared with the same period last year.
In a bid to safely, flexibly adapt to and effectively control the COVID-19 pandemic, many local firms have implemented numerous measures to overcome difficulties, ensuring their production and business plans. Therefore, the province's industrial production was gradually resumed and saw growth in the first quarter of 2022.
When it was re-established in 1992, Ninh Binh had only 14 small industrial production businesses. After 30 years, the industrial production sector has witnessed robust performance and affirmed its essential role in the province's economy. The industrial production accounts for 31.6 percent of the provincial economic structure.
Chairman of the Ninh Binh Provincial People's Committee Pham Quang Ngoc on March 15 inspected the progress of projects in the 50ha expanded Gian Khau industrial zone (IZ) and worked with leaders of the Thanh Cong Group.
Vietnam's industrial production recorded an increase of 4.82 percent in added value compared to 2020, according to figures from the General Statistics Office (GSO).
In the past few years, the formation and development of industrial zones in Ninh Binh province has reaped sound achievements, contributing to its socio-economic development. Industrial zones (IZs) has drawn a large amount of investment from economic sectors, especially foreign direct investment (FDI), thus helping to increase the province's technological ability, competitiveness, and export turnover, and expand international cooperation.
Vietnam currently has 16 million workers in industrial and export processing zones (IZs and EPZs), directly producing 60% of the total domestic product annually and contributing 70% of the state budget.
Having defined industry as a spearhead econmic sector, Ninh Binh has paid due attention to developingsome industries that have made big contributions to exports like electronics, footwear, garment, and automobile assembly. However, in the recent past, these industries are suffering great impacts from the COVID-19 pandemic, which cause disruption of global supply chains. Therefore, Ninh Binh is consistent with its goal of drawing FDI into supporting industries in a bid to raise industrial production value and contribute to the province's growth.
Ninh Binh province's industrial production index (IIP) in the first five months of 2021 posted a year-on-year increase of 17.6 percent, according to the provincial Department of Statistics.
Stable supporting industries and restructuring of chains for industrial production are crucial to improving the country's manufacturing sector, according to Vietnam Chamber of Commerce and Industry (VCCI).
In recent years, Ninh Binh has paid due attention to attracting investment into the province in general and its industrial zones (IZs) in particular. The local IZs have also seen better indicators in terms of occupancy rate, quality of projects, and feasibility and efficiency of projects as compared to other IZs in the nation and in the region.
Ninh Binh's index of industrial production in the first month of 2021 surged 21.8 percent on-year, according to the province's Department Statistics Office.
In the context of the shifting global supply chains after the COVID-19 pandemic, the northern province of Ninh Binh has actively taken synchronous and appropriate solutions in order to welcome a new wave of investment into industrial zones (IZs).
The index of industrial production (IIP) in November rose 0.5% against the previous month and 9.2% compared with the same month in 2019, according to the Ministry of Planning and Investment.