Enterprises making key industrial products in Hanoi expect toachieve their development targets by 2015, which were set under theHanoi development plan for 2011-2015.

Pham DucTien, deputy director of the Hanoi Industry and Trade Department, saiddespite the economic downturn, the capital city’s industrial sector isforecast to grow at an annual rate of 12-13 percent.

This would also enable Hanoi to become a high-tech centre ofVietnam and develop products with high quality, value andcompetitiveness.

To stay on target, Tien saidHanoi authorities would create favourable conditions for localenterprises to join trade promotion programmes, seek new markets,participate in fairs and exhibitions, and cooperate with foreignenterprises and local enterprises in other provinces and cities.

Tien said the city would build a positive environment for industrialenterprises to cooperate with scientists, scientific organisations andresearch institutes to promote development.

Headvised the enterprises to continue to apply and observe standards andmodern technologies, restructure if necessary and reduce energyconsumption.

Hanoi has 57 key industrialproducts made by 48 enterprises. They account for 10 percent of thetotal municipal export value and include beverages, mechanicalengineering, electronics, chemicals and plastics, footwear, textiles,paper and packaging as well as processed food.

Manyproducts are replacing imports, which helps slash the trade surplus.These Vietnamese products include transformers, large capacity engines -and production lines for food and beverage processing.

In the first seven months of this year, some enterprises producing keyindustrial products achieved good results compared to the same periodof last year, which was attributable to their good production andbusiness strategies.-VNA