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Production and business activities of enterprises have improved since the beginning of the year.

Việt NamViệt Nam31/12/1969


In 2023, many businesses in the province experienced a difficult year with a decrease in orders, having to cut labor, working hours, etc. Entering 2024, the production and business activities of many businesses have shown many positive signs as orders gradually recovered.


Production and business activities of enterprises will flourish in 2024.

Want Want Vietnam Factory (Long Giang Industrial Park, Tan Phuoc District) is one of the foreign-invested projects that has just been put into operation in 2022. After entering phase 1 production, the factory has produced rice cakes, dried foods, yogurt, soft drinks, etc. Mr. Tran Han Hoa, General Director of Want Want Vietnam Co., Ltd. said that in addition to the Asian market, the factory's products have been exported to the United States and European countries. According to the plan, the factory will employ about 1,000 workers, but currently only about 600 workers are working. Currently, the factory has many export orders, so the company is planning to sign a contract with a labor supply unit to increase production scale. Accordingly, the factory will invest in 4 more production lines to produce new products according to partners' orders. It is expected that by April 2024, the factory will put these new production lines into operation.

As for Advance Tire Vietnam Co., Ltd. (Long Giang Industrial Park), in 2024, the company's production and business activities will continue to develop. Mr. Pho Hong Giang, Deputy General Director of Advance Tire Vietnam Co., Ltd. shared that the company has produced at full capacity in the first months of 2024 and the phase 2 project has also reached maximum output in January. Currently, market demand continues to grow strongly and orders are stable.

According to Mr. Luu Van Phi, Director of the Department of Industry and Trade of Tien Giang province, through discussions with enterprises in the industrial park, in early 2024, the production and business situation showed more positive signs than in 2023. Most enterprises had orders until June 2024; some enterprises had orders until the end of 2024. Foreign-invested enterprises in 2024 showed more positive signs than in 2023. All enterprises have returned to production and business, no enterprises are facing difficulties.

Mr. Nguyen Nhat Truong, Head of the Management Board of Industrial Parks of Tien Giang province, said that the order situation at enterprises in the industrial park has improved again. The orders of enterprises have recovered nearly 100%, focusing on enterprises producing items such as: Copper, garments, leather shoes, household appliances... This shows a positive sign about the export market of enterprises.

Anh Thu


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