Hanoi to develop 80 key industrial products by 2020

Hanoi is striving to develop over 80 key industrial products which will generate 33%-35% of the revenue from industrial production by 2020.

Hanoi to develop 80 key industrial products by 2020
Hanoi to develop 80 key industrial products by 2020

The municipal People’s Committee has adopted a plan to develop the city’s key industrial products until 2020 with a vision to 2030, which outlines the objectives and strategies for the development of local industries.

By 2020, the capital city is targeting average growth of 9-10% for the 2018-2020 period and export turnover of 12-14% of the total import-export value.

To this end, the city will work to improve the capacity of enterprises and develop zones for support services for start-up businesses in line with incubators for support industry firms.