Hanoi to develop 80 key industrial products by 2020
Hanoi looks to have over 80 key industrial products which will generate 33-35% of revenue from industrial production by 2020.
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The municipal People’s Committee has adopted a plan to develop the city’s key industrial products until 2020 with a vision to 2025, which outlines objectives and strategies for the development of the local industry.
By 2020, the capital city targets the average growth of 9-10% for the 2018-2020 and export turnover of 12-14% of the total import-export value.
To this end, the city will work to improve enterprises’ capacity and develop zones of support services for start-up businesses in line with incubators for support industry firms.