14/01/2015 | 10:49:20

Hanoi aims for 5 percent industrial growth in 2015

Hanoi will work towards industry sector recovery in 2015 with 5 percent growth. (Photo: VNA)

Hanoi will work towards industry sector recovery in 2015 with 5 percent growth, stated Vice Director of the municipal Department for Industry and Trade Tran Thi Phuong Lan.

Value added to the sector in 2014 is projected to rise about 8.4 percent, Lan said at a conference to launch the 2015 sector strategy on January 13.

The city plans to enact measures to eliminate industry barriers and enhance production efficiency, while encouraging the support, high technology, and agricultural industries.

Meanwhile, Hanoi will continue to implement a number of effective projects and programmes, including regular meetings with businesses ease their difficulties, development of support industry products in the city for 2011-15 period and support for production of key industrial and high technology products, said Lan.

State management of the industry sector will be increased with the aim of boosting craft industry and trade villages with high added value and enhancing efficiency of industrial clusters to attract more investment, she added.

She also called for businesses to remain proactive in producing and selling their products, cutting costs, applying advanced technology and increasing productivity wherever possible.

Last year, Hanoi ’s industry rose 4.6 percent, below the country average growth rate of 7.6 percent and Ho Chi Minh City ’s 7 percent. However, the sector still recorded added value growth of 8 percent, reaching 107.775 trillion VND and higher than the average national growth at 7.15 percent and Ho Chi Minh City ’s 7.1 percent.-VNA

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