Yen Bai reports 10.1% rise in industrial production value

Economy

Yen Bai reports 10.1% rise in industrial production value

Wednesday, November 9, 2022

YBO - Yen Bai’s industrial production value in October hit 1.9 trillion VND (76.39 million USD), up 2.4% over September, pushing the figure in the first 10 months of this year to 17.48 trillion VND, representing a year on year increase of 10.1%.

Workers at Yen Bai Cement and Minerals JSC packaging products.

High growth was seen in the production value of many industries, including processing (5.67%); electricity, gas, hot water production and distribution (43.13%); and water supply, waste and waste water management and treatment (7.44%).

In the time to come, Yen Bai will continue to implement tasks and solutions to restructure is industrial sector towards sustainability and efficiency in association with environmental protection.

At the same time, the locality will prioritise investment in developing and operating the infrastructure system of industrial parks and clusters, as well as processing and manufacturing of highly competitive products using high technology and local materials. It will support and create optimal conditions for investors in exploring the province and proposing projects in developing the infrastructure system of industrial parks and clusters across the province.

YBO

Other news

Yen Bai invests over 600 billion VND in digital transformation

Viettel Yen Bai assists highland residents in utilizing digital platforms and applications.

Since 2021, Yen Bai Province has allocated over 600 billion VND from its budget and socialized resources to implement digital transformation initiatives, focusing on information technology infrastructure and related projects.

Yen Bai strives to improve investment environment

In May 2024, Yen Bai provincial leaders handed over the Decision on Investment Policy Approval to Honna Hitoshi, Chairman and CEO of Erex Group.

As a mountainous province located deep inland, Yen Bai boasts significant potential for development. The province is rich in mineral resources with hundreds of mining sites, complemented by breathtaking natural landscapes. Additionally, Yen Bai has planned several concentrated commodity production zones.

Yen Bai City completes digital transformation indicators for 2024

Youth union members assist residents of Nam Cuong Ward, Yen Bai City, in scanning QR codes for the AI digitalization project of historical sites, including temples, pagodas, and communal houses in the area.

According to the self-assessment results for the 2024 Digital Transformation Index, Yen Bai City achieved a total score of 909.5 out of 1,000 points based on the Digital Transformation Evaluation Index for provincial departments, agencies, districts, towns, and cities in Yen Bai Province.

Hoang Lien Son Technical Porcelain JSC produces and distributes over 3,400 tons of insulating porcelain products

Hoang Lien Son Technical Porcelain JSC surpasses its revenue target, achieving over 126 billion VND.

In 2024, despite facing numerous challenges due to rising input material costs, Hoang Lien Son Technical Porcelain joint Stock Company successfully produced and distributed over 3,400 tons of insulating porcelain products of various types, achieving 112% of its annual plan.

Economy