Industry

Hai Duong industry leads growth

JACKIE LONG - XUAN TRANG December 31, 2024 11:00

In 2024, Hai Duong's industrial production recovered strongly with double-digit growth, playing a leading role in the economy.

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Civil steel wire drawing line at Hoa Phat Hai Duong Steel Joint Stock Company

Contribute large output

Hai Duong currently has nearly 500 enterprises specializing in the processing industry, manufacturing, and export processing. Among them, many FDI enterprises have grown steadily, continuously being in the top 10 enterprises with large import-export turnover such as the following LLCs: Brother Vietnam Industry, Sumidenso Vietnam, Hyundai Kefico Vietnam, Ford Vietnam, May Tinh Loi, Dong A Aluminum.

Ford Vietnam has completed the project to upgrade and expand the Ford Hai Duong automobile manufacturing and assembly plant, increasing the capacity from 14,000 vehicles to 40,000 vehicles/year. The Ford Hai Duong automobile manufacturing and assembly plant has used the Interlock automation system, helping to control the safety of welding operations, using modern robots for painting...

By the end of November 2024, Hoa Phat Hai Duong Steel Joint Stock Company had produced 2.12 million tons of steel billets, reaching 93% of the annual plan, up 27% over the same period in 2023. Finished steel products reached 1.9 million tons, equal to 97% of the plan, up 6%. In addition to supplying the domestic market, Hoa Phat Hai Duong Steel exported 115,000 tons of steel billets, 11 times higher than the same period last year, and 395,000 tons of finished steel, up 60%.

According to Deputy Director of Hoa Phat Hai Duong Steel Joint Stock Company Do Duc Don, 2024 will still face some difficulties for the steel industry. However, thanks to promoting public investment, strongly implementing solutions to restore economic growth, starting and accelerating the progress of many key national infrastructure projects, market demand has improved compared to 2023. Hoa Phat Hai Duong Steel has promoted marketing and supplying high-quality construction steel for a series of large domestic projects such as the US Embassy complex project in Hanoi, Long Thanh airport, upgrading Noi Bai and Tan Son Nhat airports, North-South expressways, metro lines in Hanoi, Ho Chi Minh City, etc.

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In addition to the traditional market, Hai Duong Garment II Joint Stock Company is moving towards the European market.

Many measures to stimulate production

In 2024, Hai Duong's total industrial production value is estimated at 387,832 billion VND, exceeding the annual plan by 3.4% and increasing by 14.8% compared to 2023.

In 2024, some industries in Hai Duong had impressive growth. Specifically, the electrical equipment manufacturing industry increased by 42.6%, metal manufacturing increased by 18.7%, the garment industry increased by 14.8%, and motor vehicle manufacturing increased by 14.5%.,Production of electronic products increased by 13.8%...

Hai Duong's industry has grown impressively due to a large number of invested enterprises completing infrastructure and going into production. The number of enterprises expanding production scale, recovering and export orders increasing again...

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Modern robotic automation line checks and completes car bodywork at Ford Hai Duong factory

Identifying industrial development as a key task to create spillover and stimulate growth in other sectors, Hai Duong has implemented many solutions to promote this key economic sector. The province actively removes difficulties for enterprises in production and investment activities, proactively promotes trade, simplifies administrative procedures, and accelerates the completion of transport infrastructure and social infrastructure to attract investment...

According to Director of Hai Duong Department of Industry and Trade Tran Van Hao, in order to support and create conditions for enterprises to develop production and business, the department has resolutely directed the implementation of tasks on improving the investment and business environment, enhancing the provision of online public services, building and perfecting policies to support small and medium enterprises, especially start-ups in the field of industry and trade...

With the efforts of enterprises, support and difficulties removal from the Party Committee and government, Hai Duong strives to become a modern industrial province by 2030, a dynamic industrial center of the Red River Delta.

JACKIE LONG - XUAN TRANG
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Hai Duong industry leads growth