With considerable room and momentum for development, Hue City has many advantages in pursuing a modern, green and sustainable industrial sector. However, for industry to become a true engine of growth and contribute to the city’s goal of double-digit economic expansion, a comprehensive set of coordinated solutions is needed.

Hue City’s budget revenue is entering a phase of strong momentum, with a revenue structure becoming increasingly diversified and sustainable. Alongside traditional sources such as textiles and garments, beer production and tourism, the rapid growth of industrial sectors is opening up significant new drivers for local budget growth.

On the morning of December 5, Kim Long Motor Hue Joint Stock Company held the inauguration ceremony of its YUCHAI Engine Manufacturing and Assembly Plant (the Plant), while also rolling out the first YUCHAI engines. The event marks an important milestone in Vietnam’s strategy to master core engine manufacturing technology, as this is the first plant equipped with a modern, internationally standardized production line serving not only the automobile industry but also various other key industrial sectors.