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To facilitate the supporting industry's growth and implementing the provincial Master Plan in the 2021-2030 period, with a vision to 2050, the northern province of Ninh Binh has paid heed to developing industrial parks and clusters, building and implementing programmes on technical infrastructure investment in the supporting industry to promote internal strengths and ensure sustainable development.
Helping workers in disadvantaged circumstances to have a warm and sufficient Lunar New Year holiday (Tet), Vietnam's biggest traditional festival, is a key task for trade unions at all levels.
Ninh Binh province boasts numerous advantages to develop industries such as automobile assembly and manufacturing, electronic components, textile and garment. However, these sectors heavily rely on imported materials, resulting in higher costs and independence in production. Based on its advantages in terms of geographical location and foreign direct investment (FDI) attraction policies, Ninh Binh will focus on attracting investment in supporting industries in the time to come.
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.
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).
The Government has issued Resolution 115/NQ-CP figuring out goals and measures to boost the development of supporting industry through 2030.
