Phu Tho contributes over 12 billion VND to technology innovation businesses.

DNHN - Phu Tho province actively implements Resolution No. 15/2020/NQ-HDND dated December 9, 2020, of the Provincial People's Council, which provides support for small and medium-sized industrial production enterprises to invest in the industry's renovation

Tea products in priority areas are supported by technology, which has helped create products of uniform quality, contributing to the development of the Phu Tho tea brand.
Tea products in priority areas are supported by technology, which has helped create products of uniform quality, contributing to the development of the Phu Tho tea brand..

After 2 years of implementing the Resolution, Phu Tho province has received over 50 registrations from small and medium-sized industrial production enterprises investing in innovation and modernization of technology in priority development areas.

The enterprises proposed to support the technological innovation project are those in the following fields: agricultural, forestry, and fishery product processing, food and beverages, timber; production of unburned building materials and new materials; mechanical engineering and supporting industries.

Accordingly, the province has provided financial support to 19 businesses with a total budget of 8.55 billion VND (each business is supported by an average of 450 million VND), representing 7.9% of the total investment capital of businesses. judgment. In 2023, the province will continue to allot VND4,050 billion, which will be used to support 9 to 12 businesses that meet all requirements.

The enterprise's revenue increased from 94.96 billion VND/month to 144,997 billion VND/month, achieving an average growth rate of 92%, producing high-quality and productive products, and creating stable incomes for employees, rising from 6.0 million VND to 7.0 million VND/person/month as a result of the investment, innovation, and modernization of the enterprise's technology, machinery, and equipment.

Thus, tax payments to the state increased by 1,775 billion VND (from 2,022 billion VND to 3,797 billion VND), achieving an average growth rate of 104% while reducing environmental pollution and contributing significantly to the country's development. Promotion of the transfer, mastery, and adoption of new and advanced technologies from developed nations by provincial businesses.

Quoc Huy

Related news