Nghe An Industry and Trade sector determined for new goals

Efforts to overcome difficulties

In 2020, industrial and commercial activities were extremely difficult due to the impact of the Covid-19 epidemic. However, with efforts, the industrial production value in the province is estimated at 78,000 billion VND/plan assigned 80,000 billion VND, reaching 97.5% of the plan.

Industrial production index increased by 6.36% compared to 2019. Total retail sales of goods in 2020 are estimated at 68,461 billion VND/plan assigned 70,000 billion VND, reaching 97.8%/plan. Growth rate reached 7.5% compared to 2019.

The textile industry has been invested in many localities, attracting local labor resources. Photo: Thu Huyen

Total export turnover is estimated at 1,120 million USD/plan assigned 1,200 million USD, reaching 93.33%/plan; in which goods export is estimated at 810 million USD/plan assigned 850 million USD, reaching 95.3% of the plan. Management of planning, planning, program development, projects, and development policiesIndustry and Trade… continue to receive attention and guidance.

However, indicators such as industrial production value, import-export turnover and total goods circulation, although growing compared to 2019, did not reach the set plan.

Strive to complete the 2021 target

2021 is the first year to implement the goals of the 5-year Socio-Economic Development Plan (2021 - 2025) and the Resolution of the Party Congresses at all levels for the 2021 - 2025 term.

The province continues to promote investment attraction; a number of key projects are expected to come into operation, contributing to the economy: Tan Thang Cement Factory (capacity of 2 million tons/year); Biomass pellet production project of Biomass Fuel Vietnam Co., Ltd. and DKC Energy Joint Stock Company (capacity of 120,000 tons of products/year and 60,000 tons of products/year); Electronic components production project of Luxshare - ICT Co., Ltd. (capacity of 62.5 million products/year); Glucose liquid sugar production line project (capacity of 150 tons/day); a number of garment production projects: Dinh Vang, An Hung, Nam Thuan...

Some key projects are expected to come into operation. Photo: PV

Based on the assessment of conditions and the given targets, in 2021, the industry will focus on promoting industrial restructuring associated with growth model innovation, improving productivity, efficiency and competitiveness. Developing manufacturing industries based on science and technology, innovation, high added value, saving raw materials, energy, and being environmentally friendly. Focusing on attracting investment in key industrial projects, especially innovating investment approaches and promotion to attract large-scale corporations to create spillovers. Improving the efficiency of developing economic zones, industrial parks, and industrial clusters on the basis of increasing resources to synchronously invest in infrastructure systems to attract investors. Timely remove difficulties and obstacles to accompany businesses and investors, advise on speeding up the progress of industrial projects being implemented so that they can soon come into operation to add to the newly increased production value, contributing to ensuring the completion of the 2021 plan target.

Mr. Tran Thanh Hai - Deputy Director in charge of Department of Industry and Trade

In addition to creating resources to attract large projects, the Industry and Trade sector focuses on promoting exports, especially processed products with high added value, gradually reducing the export of raw and semi-processed materials. Actively and proactively strengthen trade promotion to exploit and expand export markets and product consumption. Promote the construction of key infrastructure such as industrial cluster infrastructure, power supply infrastructure, power transmission infrastructure, commercial infrastructure systems... to serve the industrialization and modernization of the province.

Focus on synchronizing solutions

To achieve the set goals, the Industry and Trade sector will focus on implementing solutions, including continuing to review and supplement planning, policies, programs and projects for industrial and commercial development; strongly improving the investment and business environment, enhancing growth quality and competitiveness of the provincial economy; promoting production and business, and effectively implementing solutions to improve growth quality.

Bamboo and rattan products produced by craft villages in the province. Photo: Thu Huyen

At the same time, focus on solutions to promote industrial production, closely following the action program to implement the Resolution of the 19th Provincial Party Congress. Gradually transform the industrial production structure reasonably based on 3 key economic regions in economic development. Make the most of resources to invest in infrastructure development, especially non-state budget capital for investment and development.industrial cluster infrastructure, trade. Focus on mobilizing resources to implement the project of supplying electricity to ethnic minorities in villages without electricity. Coordinate and mobilize all capital sources for production investment.

Basic indicators for 2021

- Industrial production index (IIP) increased by 15% compared to 2020;
- Industrial production value: 90,480 billion VND, growth rate reached 16% compared to 2020;
- Total retail sales of goods: 73,000 billion VND, up 8.8%;
- Total export turnover: 850 million USD, up 6.25%.