Employees of Ha Noi Electromechanical Manufacturing Company at work. Industrial producers in Ha Noi are expected to reach their business target by 2015. — VNA/VNS Photo Minh Dong

HA NOI (Biz Hub)— Enterprises making key industrial products in Ha Noi expect to achieve their development targets by 2015. The targets were set under the Ha Noi development plan for 2011-15.

Pham Duc Tien, deputy director of the Ha Noi Industry and Trade Department, said despite the economic downturn, Ha Noi industry was forecast to grow at an annual rate of 12-13 per cent.

This would also enable it to become a high-tech centre of Viet Nam and develop products with high quality, value and competitiveness.

To stay on target, Tien said Ha Noi authorities would create favourable conditions for local enterprises to join trade promotion programmes, seek for new markets, participate in fairs and exhibitions, and co-operate with foreign enterprises and local enterprises in other provinces and cities.

Tien said the city would build a positive environment for the enterprises with scientists, scientific organisations and research institutes to promote development.

He advised the enterprises to continue to apply and observe standards and modern technologies, restructure if necessary and reduce energy consumption.

Ha Noi has 57 key industrial products made by 48 enterprises. They account for 10 per cent of the total municipal export value and include beverages, mechanical engineering, electronics, chemicals and plastics, footwear, textiles, paper and packaging as well as processed food.

Many products are replacing imports, which helps slash the trade surplus. These Vietnamese products include transformers, large capacity engines - and production lines for food and beverage processing.

In the first seven months of this year, some enterprises producing key industrial products had good results compared to the same period of last year. The department said that this was because they had good production and business strategies - and produced high quality products at competitive prices. — VNS