Industry maintains growth, creating momentum for year-end breakthrough

In the context of the world economy with many unpredictable factors, increasing trade tensions and protectionism, fluctuating production costs and raw material prices, Phu Tho's industrial production still maintained a stable growth rate in the first 9 months of 2025. In the last months of the year - the peak season of production and consumption, businesses are focusing resources to meet market demand.

The last months of the year are an important time for many businesses to prepare production capacity, plan and implement orders for the following year, ensuring that the supply chain is not interrupted. Thanks to this, industrial production at this time often records high growth in both output and value, creating favorable momentum for the first quarter of the following year.

Workers of Lam Thao Super Phosphate and Chemical Joint Stock Company check products before selling them to the market.

In the first 9 months of 2025, the province's industrial production index is estimated to increase by about 27% over the same period, higher than the national average, of which the processing and manufacturing industry increased by 29.4%. Key industrial products continued to grow strongly. In the first 9 months, laptops reached more than 22 million products, an increase of 87% over the same period; air conditioners 42.6 thousand products, an increase of more than 40%; floor tiles are estimated at 125.6 million ^m2 , an increase of 14.4%; iron and steel are estimated at 540 thousand tons, an increase of nearly 40%... Along with that, many other products such as sports shoes, fertilizers, tap water, beer of all kinds... have had positive growth, contributing to maintaining stable income and employment for workers.

The above results were achieved thanks to the timely support and accompaniment of authorities at all levels and functional sectors. The province focused on supporting businesses by updating information on trade policies, markets and barriers in international trade, helping businesses build and adjust their strategies and production and business plans more appropriately. Along with the synchronous implementation of solutions to promote production, improve the investment environment and support businesses, investment attraction activities continued to flourish, contributing to upgrading industrial infrastructure, promoting production linkages and technology transfer.

Enterprises have actively promoted trade, searched for markets, reorganized production, and found suitable sources of raw materials to reduce product costs, thereby improving product competitiveness in the market.

In the context of high input material prices, many businesses have made efforts to overcome difficulties, proactively innovating technology, management and production models. At Lam Thao Super Phosphate and Chemical Joint Stock Company - a business operating in the fertilizer industry, it has maintained stable operations with positive results. The total industrial production value in the first 9 months is estimated at more than 3,000 billion VND, sales revenue and service provision is about 4,000 billion VND. Mr. Tran Dai Nghia - Deputy General Director of the company said: "Since the beginning of the year, the company has launched new product lines such as neutral superphosphate, microbial superphosphate P18... which have been positively received by the market. Last June, the company started construction of the SOP production line, with a capacity of 20 thousand tons/year, marking a strategic step in diversifying products, taking advantage of available raw materials and reducing dependence on imported raw materials. The company also focuses on researching and applying modern technology to the production process, improving quality and reducing energy costs. These are important factors that help the company maintain a stable growth rate, ensuring jobs and income for employees and making a positive contribution to the budget."

It is forecasted that in the last months of 2025, the world economy will still have many potential fluctuations, but the recovery trend of the domestic economy and export markets is becoming clearer. The functional sectors of the province continue to implement solutions to support businesses to expand production, take advantage of opportunities from trade agreements, and at the same time promote digital transformation and technology application in management, production and product consumption.

With a solid growth foundation in the first 9 months of the year and the efforts of the business community, the province's industrial production is expected to maintain a stable growth momentum in the fourth quarter, making an important contribution to the province's economic growth.

Nguyen Hue

Source: https://baophutho.vn/cong-nghiep-giu-nhip-tang-truong-tao-da-but-pha-cuoi-nam-241464.htm