Hai Duong looks to develop modern supporting industries

Illustrative image (Source: baohaiduong.vn) Hai Duong (VNA) – The northern province of Hai Duong is striving to develop modern supporting industries and become an important link in the global supply chain of multinational corporations by 2030. Hai Duong is located at the middle of the Hanoi – Hai Phong economic corridor along National Highway 5 and the Hanoi – Quang Ninh economic corridor along National Highway 18. In addition, Hai Duong – Hai Phong – Quang Ninh is a key economic triangle in the eastern region of the northern key economic region. In the provinces adjacent to Hai Duong, many large global corporations such as Samsung and Microsoft have set up their production bases. These are considered advantages of the province in attracting investment in supporting industries. Hai Duong province currently has 454 foreign investment projects from 26 countries and territories, with a total registered investment of 8.4 billion USD. The projects mostly focus on manufacturing hi-tech products, electrical products and electronic components, automobiles, and producing cement, iron and steel, and garment and textiles. To date, the northern province has developed a number of supporting industries in three main fields: mechanical engineering, electricity – electronics, and garment – footwear. The… Read full this story

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