Hanoi is implementing a series of breakthrough plans, ranging from attracting investment and developing high-tech products to facilitating businesses’ global expansion, with a goal of transforming it into the country’s leading hub for key industries and supporting industries.

Thirty-six products from 25 businesses were selected and recognised as Hanoi’s key industrial products for 2024.

Da Nang commits to creating favourable conditions for Thai enterprises to study and carry out business activities in the central city, Chairman of the municipal People’s Committee Le Trung Chinh said on March 1.

The Hanoi International Exhibition of Key Industrial Products 2022 opened in the capital city on October 27.

Hanoi is working to promote the development of key industrial products, expecting 25 - 30 products will earn the recognition this year.

Ho Chi Minh City’s authorities have implemented out support programmes for enterprises and key industrial products in a bid to further promote its industrial development in the next five years.

The capital city honoured 26 products as its key industrial products in Hanoi on December 11.

Hanoi has issued an implementation plan for a project to develop key industrial products in the 2021-2025 period, with an estimated cost of 200 billion VND (8.63 million USD).

The capital city of Hanoi needs to have a more efficient mechanisms and create a more favourable business environment, attracting large enterprises to develop key industrial products, according to many experts.

Hanoi is striving to have 100 key industrial products in the near future, according to Deputy Director of the municipal Department of Industry and Trade Dam Tien Thang.

A seminar was held in Ho Chi Minh City on May 14 to discuss measures to develop its key industrial products for the 2018-2020 period.

Vietnam’s Index of Industrial Production (IIP) scored growth of 10.4 percent in the first ten months of 2018, compared to the growth of 9.6 percent in the same period last year.

Ho Chi Minh City will focus on developing key industrial products to raise its competitiveness.