Hanoi (VNA) – The Ministry of Industry and Trade(MoIT) has said this year it will closely coordinate with several foreignmultinationals like Samsung and Toyota to connect with local suppliers ofmaterials and accessories, in an effort to seek alternative supply for imports in both short and long terms.
The ministry sets to raise the Industrial Production Index(IIP) by around 7 – 8 percent, contributing to boost the GDP growth to 6 – 6.5percent in 2022, according to Deputy Minister Tran QuocKhanh.
The ministry sets to raise the Industrial Production Index(IIP) by around 7 – 8 percent, contributing to boost the GDP growth to 6 – 6.5percent in 2022, according to Deputy Minister Tran QuocKhanh.
It plans to effectively implement projects providinghelp to supporting firms in the priority sectors of automobiles, electronics,textile and garment, and footwear; and support domestic producers to join supplychain of FDI enterprises and projects, he said.
Last year, the industrial production maintained growth, though modest, despite impacts of COVID-19, the MoIT reported. The sector expanded 4.82percent from the previous year on the back of key areas such as electronics,textile and garment, footwear and wood manufacturing.
Among the 63 cities and provinces nationwide, Ninh Thuan saw thehighest growth in IIP, 24.6 percent. It was followed by Dak Lak (23.8 percent),Gia Lai (20.5 percent), Hai Phong (18.2 percent), and Binh Phuoc (17.8percent).
Ho Chi Minh City was among the worst-hit by COVID-19, withthe IIP plunging 14.3 percent year-on-year due to COVID-19 outbreaks atfactories and export processing zones causing production disruption./.
Last year, the industrial production maintained growth, though modest, despite impacts of COVID-19, the MoIT reported. The sector expanded 4.82percent from the previous year on the back of key areas such as electronics,textile and garment, footwear and wood manufacturing.
Among the 63 cities and provinces nationwide, Ninh Thuan saw thehighest growth in IIP, 24.6 percent. It was followed by Dak Lak (23.8 percent),Gia Lai (20.5 percent), Hai Phong (18.2 percent), and Binh Phuoc (17.8percent).
Ho Chi Minh City was among the worst-hit by COVID-19, withthe IIP plunging 14.3 percent year-on-year due to COVID-19 outbreaks atfactories and export processing zones causing production disruption./.
VNA