Phu Tho has made great strides in terms of economic, technical and social infrastructure in recent times. Most notably, the traffic routes such as Highway 2 and Xuyen A road are helping Phu Tho to expand the scale of industry, handicraft, trade and services.

Phu Tho is taking advantage of perfecting traffic infrastructure to attract investment, creating a breakthrough for industrial, commercial and service zones. Phu Tho province has 7 industrial zones and 26 industrial clusters, employing more than 33,000 workers. Currently, 106 projects are operating smoothly and another 21 projects are under construction. Industrial production is contributing a large proportion of exports, helping to bring the province's export turnover last year to approximately 1.3 billion USD, reaching 109% of the plan and completing the budget revenue target.

According to the report of the Department of Industry and Trade of Phu Tho province, over the past years, thanks to the active support from the National Industrial Promotion Program, the province's industrial production has continuously increased. Specifically, if the value of industrial production in 2014 reached more than 38,895 billion VND, by 2019 it increased to more than 77,105 billion VND, the average growth rate was 15.04%. Industrial production capacity develops in quantity, scale, technology level and product quality, meeting market demand. The success of the industrial promotion work in Phu Tho province over the past time has positively contributed to the patriotic emulation movement of Industry and Trade for the third time, by 2020.

Many industrial promotion programs and projects have been integrated, implemented synchronously, creating jobs for 2,000 rural workers, modernizing rural industrial production, thereby promoting the implementation of economic restructuring of the country. local.

From the enthusiastic and effective consultation of the industrial promotion program has helped rural industrial establishments determine the right investment direction, improve their management capacity, invest in production expansion, and increase their competitiveness in the market. Up to now, Phu Tho Industrial Promotion Agency has supported to build demonstration models of new product production techniques for 17 rural industrial establishments, focusing on replication of models of processing agricultural - forestry products, ancillary products ...; supported 99 rural industrial establishments to invest in new, expand production in the field of mechanics, agro-forestry product processing ...

Looking to the future, the Department of Industry and Trade of Phu Tho has built goals and orientations for the period 2021 - 2025. In which, industrial promotion plays a key role, promoting the province's rural industry to develop with an average growth rate of 15. %/year; By 2025, the rural industry growth rate will be higher than the target in the industrial development plan; to gradually increase the proportion of deep-processing industry with high technological content and added value of agricultural - forestry - aquatic products, and shift the labor and economic structure in rural areas.

Accordingly, Phu Tho Industrial Promotion focuses on projects to build demonstration models of techniques of applying new and advanced technologies to rural industrial production, creating large-scale production, uniform products, good quality. . Put green and sustainable factors into rural industrial production such as: Apply cleaner production, save energy ... help rural industrial establishments get closer to the requirements of the economy. .

Adapting to the new economic context, Phu Tho province will strongly reform administrative procedures, have favorable policies for businesses to develop, such as: Creating premises for investors, shortening administrative procedures. ... The province strengthens projects to support investment in infrastructure of industrial clusters, creates room for new businesses to invest and gradually relocates businesses from residential areas to industrial clusters; supporting and attracting investment projects in the fields of high-tech industries, supporting industries, investment in production associated with deep processing of agricultural and forestry products, production of consumer goods; supporting the building and development of national brands and trade connection projects. Because a strong brand name will create prestige to help businesses bring products to the large market, bring high economic value and sustainable development.

According to the plan, in the period 2014 - 2020, Phu Tho province is approved with a total cost of 40,279 billion VND for the implementation of industrial promotion, of which the national industrial promotion is over 20 billion VND, the local industrial promotion is over 20,27 billion VND. copper. This is the capital source that helps the promotion activities have more advantages to promote the production of public rural industry in the province to be increasingly strong./.