Thai Binh: Outstanding results in industrial and commercial development

Facing the unprecedented difficulties of the Covid-19 epidemic, Thai Binh province has been active, proactive and creative in implementing the tasks of industrial and commercial development, having timely solutions to prevent the spread of the virus. supporting enterprises in production and business, promoting import and export, so that the province's industrial and commercial sectors continue to develop with impressive results.

Industrial production developed

According to data reported in 2021, the industrial production value (2010 constant price) of Thai Binh province is estimated at 80,849 billion VND, up 17% compared to 2020. Continuing the growth momentum of 2021, in the first 6 months In 2022, the industrial production value (2010 constant price) of Thai Binh province is estimated at 44,387 billion VND, up 18.2% over the same period in 2021, ranking 3rd out of 11 provinces and cities in the Red River Delta.

Production of garments for export of Tan De Company in Thai Binh province

In addition, the activity of attracting investment in industrial projects has been promoted by Thai Binh province, especially attracting large-scale FDI projects into economic zones and industrial zones and clusters. In 2021, Thai Binh approved the adjustment of investment policies, granted adjustment of investment registration certificates for 73 projects with a total newly and additionally registered capital of VND 18,265 billion, an increase of 4.5 times compared to the previous year. with 2020. In particular, the province has attracted 05 FDI projects to invest in economic zones with a total registered capital of nearly 420 million USD (larger than the total FDI investment capital of the whole period 2016-2020). In the first 6 months of 2022, on the momentum of strong economic recovery, Thai Binh province continued to approve the adjustment of investment policies, grant adjustment of investment registration certificates for 40 projects with a total new registered capital. and increased by over VND 14,497 billion (up 2.5 times over the same period in 2021) and attracted 04 FDI projects with a total registered capital of nearly 45 million USD.
To create a clean ground, ready to welcome investors, Thai Binh province is very drastic in directing the implementation of the development planning of Thai Binh economic zone, focusing on promoting subdivision planning and investment. investment in infrastructure construction, investment promotion in economic zones. Along with that, the progress of investment in infrastructure construction of industrial clusters continues to be accelerated. Currently, in Thai Binh province, there are 06 industrial clusters that have completed investment in building a centralized wastewater treatment system. and is investing in building a centralized wastewater treatment system for 07 other industrial clusters.
Currently, a number of key industrial projects are being promoted, such as: investment projects on construction and infrastructure business of Lien Ha Thai Industrial Park; project Greenworks factory Thai Binh Vietnam; Lotes Thai Thuy Vietnam factory project; investment project of factory producing gypsum ceiling panels MIKADO GYPSUM of Vinafrit Joint Stock Company; investment project to build a factory producing high-class furniture of Minh Vuong International Trade Investment Joint Stock Company; Solar panel module production project of China New Energy Industry Group Limited Company; …The above projects, when completed and put into operation, will certainly contribute greatly to the industrial production value of Thai Binh province in the coming time.

Trade promotion activities on digital platforms are enhanced

The Covid-19 pandemic has limited trade promotion activities and goods trade between provinces, regions and between countries in the traditional way. In that situation, taking advantage of the benefits brought by the industrial revolution 4.0, Thai Binh province has promoted online trade promotion activities besides implementing trade promotion in the traditional form in order to maintain maintain supply chains and ensure stable production and business for enterprises. In order to effectively carry out online trade promotion activities, the province has strengthened support for enterprises to apply e-commerce in production and business activities such as: Supporting enterprises to build their own websites, set of brands online, customer data management software, online sales promotion, online import and export management system ... In parallel, the province promotes the promotion of brands and information of businesses on the Internet. The prestigious electronic portal of the Ministry of Industry and Trade for businesses to have easier access to market information, helping to reduce time, transaction costs, marketing, relationship development, finding partners, thereby bring economic efficiency in the digital age.

Directing customers to access the e-commerce platform to view product information

Besides, in order to create favorable conditions for businesses to find partners and expand commodity consumption markets, Thai Binh province always actively links and introduces businesses of the province to participate in conferences. online international fairs, participate in trade promotion activities carried out in the network environment, exploit the markets of countries that have signed the CPTPP, EVFTA and other FTAs organized by the Department of Trade Promotion. The province also supports enterprises to participate in training and exporting goods through major international e-commerce platforms and platforms such as Amazon, Alibaba; well exploit the applications serving the trade promotion such as: Database system for shared customer management - CRM; XTTM ecosystem – VECOBIZ; XTTM traceability gateway; portal guiding import and export of goods; online XTTM training platform.
In addition, in order to help businesses connect with customers, maintain and develop distribution channels in the domestic market, and strengthen and develop export markets at a lower cost, Thai Binh province has increased the supply and consulting market information through many forms such as posting on portals, publishing publications, through the mass media...
Thanks to the promotion of trade on digital platforms, Thai Binh province's commercial activities still thrive despite the negative impacts of the Covid 19 pandemic. In 2021, total retail sales of goods and service revenue consumption increased by 7.5% compared to 2020, is one of the provinces with positive trade growth (national average is -4.6%). Import and export activities recovered and grew strongly. Export turnover is estimated at USD 2,069 million, up 23.5% compared to 2020, import turnover is estimated at USD 1,632 million, up 21.3% compared to 2020. In the first 6 months of 2022, total sales retail sales of consumer goods and services increased by 17.4% over the same period in 2021; export turnover reached 1,080 million USD, up 25.2% over the same period; import turnover reached 1,112 million USD, up 31% over the same period in 2021.

According to consosukien.vn