[Infographic] Vietnam's manufacturing industry in November 2024: Facing many challenges

Solving the year-end labor problem

Many businesses in big cities share that they are boosting production to meet year-end orders, especially in labor-intensive industries. However, many businesses are having difficulty finding enough workers to meet production requirements.

[Infographic] Vietnam's manufacturing industry in November 2024: Facing many challenges

Vietnam’s manufacturing sector grew for the second consecutive month in November 2024, albeit modestly, with the PMI at 50.8, down slightly from October. Output and new orders grew slowly, while export orders fell at their sharpest pace since July 2023. Businesses continued to cut staff to reduce costs, leading to a rise in backlogs. Despite the challenges, manufacturers remain optimistic about the outlook for 2025, thanks to expansion plans and new product launches.

A/E ratio and the adaptation problem of the insurance industry

Recently, FWD Vietnam Life Insurance Company hosted the Vietnam Actuarial Conference 2024 (VAC 2024) in Ho Chi Minh City, with the participation of nearly 500 experts in the insurance field.

Hoa Sen Group wins Vietnam iContent 2024 award in Community Organization category

Hoa Sen Group continues to affirm its sustainable humanistic values ​​with the Vietnam iContent Awards 2024 in the category honoring Community Organizations.

Textile and garment enterprises connect to maximize benefits from FTAs

One of the strategic solutions for the Vietnamese textile and garment industry is to form an ecosystem that takes advantage of FTAs, connecting raw material production enterprises with textile and garment enterprises...

Reasonable tax policy will help businesses develop.

Continuing the program of the 8th Session, on November 28, the National Assembly discussed in the Hall the draft Law on Corporate Income Tax (amended). At this discussion session, National Assembly deputies proposed that there should be preferential tax policies to promote the development of enterprises, especially small and medium enterprises, and proposed preferential tax rates to encourage press agencies to carry out political tasks, aiming at economic development and social stability.

Bosch Vietnam: one of 100 sustainable manufacturing enterprises

Commitment to sustainable development and innovation of a leading technology corporation, contributing to creating a positive impact on the Vietnamese manufacturing industry.

Portrait of a person bringing Vietnamese values ​​to the international arena

Mr. Nguyen Ho Nam, founder of Bamboo Capital Group (HoSE: BCG), is a typical business model in taking the lead in promoting pure Vietnamese ESG values ​​on par with international standards. With great contributions to the economy, Bamboo Capital is in the Top 100 private enterprises contributing the largest budget in Vietnam in 2024 and is a pioneer in social contribution programs. Mr. Nguyen Ho Nam was also honored to be elected Vice President of Swiss-Viet Economic Forum, an international organization representing economic relations between Vietnam and Switzerland within the framework of the World Economics Forum (WEF) initiative.

Vietnam – An attractive investment destination in the green transition

Sectors such as high technology, renewable energy, smart manufacturing and logistics are the sectors in which Vietnam is focusing on attracting investment.

CSI 2024: Supporting Vietnamese businesses on the journey to sustainable business

The journey of creating a green legacy for a business cannot be sustainable without a solid foundation, which is the internal “health” of the business, built from sustainable corporate governance capacity. With more than 96% of domestic enterprises being SMEs, if they do well, businesses will have faster access to green finance.

Masan Group's strategy to accompany consumers

In the context of unpredictable fluctuations in the world economic and political situation, complicated developments of natural disasters and floods, Vietnam's socio-economic situation in the first 3 quarters of 2024 continued to achieve many positive results.

Substantially reduce and simplify administrative procedures

On November 29, 2024, the Government Office issued Document No. 537/TB-VPCP announcing the conclusion of Permanent Deputy Prime Minister Nguyen Hoa Binh - Head of the Prime Minister's Administrative Procedure Reform Working Group at a working session with a number of ministries and localities on administrative procedure reform.

Prudential is among the largest enterprises in Vietnam.

Prudential Vietnam is listed in the top 500 largest enterprises in Vietnam and 50 outstanding Vietnamese enterprises in the VNR500 ranking in 2024.

Effective governance associated with ESG – a mandatory trend for businesses

The 7th Annual Forum on Corporate Governance “Investing in Corporate Governance: A Strategy to Attract Responsible Investors in the Trend of Market Internationalization” will be held on December 5; the VNCG50 scorecard initiative will be launched. This is a set of criteria for assessing corporate governance practices for listed companies, mainly based on good practices in the region. From there, it helps to nominate 50 pioneering Vietnamese companies and commit to ensuring good corporate governance practices.

Da Nang High-Tech Park attracts additional FDI projects worth 177 million USD

The project investor representative said that Dentium Limited Liability Company has invested in 3 projects in Da Nang High-Tech Park with a total registered investment capital of 257 million USD.

Source: https://thoibaonganhang.vn/infographic-nganh-san-xuat-viet-nam-thang-112024-doi-mat-nhieu-thach-thuc-158354.html