Skip Ribbon Commands
Skip to main content
Link Web
Business > Posts
ProgramsFriday, 03/18/2005, 05:50

Big investment for key products

HCM City will continue to support investment in the program to develop key industrial products.
Big investment for key products


Big investment for key industrial products


HCM City will continue to support investment in the program to develop key industrial products.

At a meeting with Nguyen Thien Nhan, vice chairman of HCM City People�s Committee last week, producers of the key products asked the city government to change a few key criteria for the program to make them more suitable. They proposed placing more emphasis on technological complexity, innovation and quality management in judging whether a product should be classified as �key�, and lower standard for net profit.

Nhan told the officials in charge of the program to consider setting up clubs for companies with different levels of revenue to help members.

In the period 2003-2004, the city provided assistance in finance, manpower training, trade promotion, marketing and trademark and industrial design protection for 35 enterprises under the program. These enterprises make 43 products in key industries such as mechanical engineering, electronic, plastic, rubber, footwear, garment and textile, construction material, food processing, cosmetics, jewelry and stationery. Their sales last year reached more than VND20.15 trillion, up 30% on 2003. Exports reached US$300 million.

More producers are expected to join the program this year. 
 

 


Views: 1 Print Back
 
Date: