Industrial promotion program provides practical support for businesses

Many typical rural industrial products of Lam Dong coastal area are supported to promote and expand their consumption markets.

In the 2021 - 2025 period alone, the total budget for implementing the industrial promotion program in this area is 19,805 million VND, including: National industrial promotion budget and local industrial promotion budget support of 10,331 million VND, counterpart budget of rural industrial establishments of 9,474 million VND.

According to the industry and trade sector, in recent years, the national and local industrial promotion funds have promoted support for enterprises and rural industrial establishments to implement more than 10 projects under the program. In addition, there are a number of projects applying advanced machinery and equipment, scientific and technological advances in production that are currently being proposed to competent authorities for consideration and approval of support funds in 2025.

It is known that the industrial promotion program implemented in the coastal areas of the province mainly focuses on advantageous manufacturing and processing industries such as: unburnt brick production, fish sauce processing, food, seafood, bird's nest, tomato sauce, chili sauce... Thanks to that, it helps establishments gradually move towards semi-automatic production, gradually switch to industrial production, reduce manual labor and increase productivity, product quality as well as ensure food hygiene and safety. On the other hand, it also contributes to reducing product costs, increasing profits and increasing local budget revenue, stabilizing income for workers.

During this period, the industrial promotion program also allocated about 1,500 million VND to support the development of rural industrial products in coastal areas. Every two years, the functional unit of the Department of Industry and Trade coordinated to organize two rounds of voting for typical rural industrial products at the provincial level in 2022 and 2024. Through the program, the Organizing Committee recognized and honored dozens of award-winning products, and at the same time, continued to select them to participate in the Southern region voting. In addition, through the voting, it also created conditions for rural industrial establishments to have the opportunity to display and promote potential products and local advantages at events or trade promotion activities taking place inside and outside the province.

Reality also shows that, thanks to the support of the industrial promotion program, a number of enterprises and production facilities have boldly invested in machinery and equipment to develop and grow. Typical examples include: Hoa Sen Phan Thiet business household (processing tomato sauce, chili sauce, soy sauce), Kim Ngu Fish Sauce Production - Trading Company Limited, Phan Thiet - Mui Ne Fish Sauce Processing and Export Joint Stock Company (processing fish sauce) have gradually completed the system of advanced machinery and equipment in the product production process. As for enterprises and production facilities with rural industrial products recognized as typical at the provincial and regional levels, they have more conditions to promote their brands, expand their consumption markets...

Currently, most businesses, production facilities, and cooperatives hope that after the merger of the province, the industry and trade sector will continue to maintain and implement the industrial promotion program in the locality. Focus on supporting the development of large-scale commodity production, linking raw material production with processing and consumption on the basis of promoting the advantages of regional and local products that suit the needs and tastes of consumers...

Source: https://baolamdong.vn/chuong-trinh-khuyen-cong-ho-tro-thiet-thuc-cho-doanh-nghiep-384422.html