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Industrial production flourishes

Việt NamViệt Nam22/03/2024

In the first months of the year , the industrial production sector has shown signs of recovery . This is a premise for successfully implementing economic growth targets in 2024 in the province .

 

Good news

 

Overcoming the gloom in production, many businesses will see an explosion of orders in late 2023 and early 2024. Industrial production activities are being boosted, focusing on implementing signed orders. This is a positive signal for businesses to believe and expect the export market picture to improve in the context of global trade in goods being forecasted to face many difficulties.

 

According to An Hung Joint Stock Company, the company’s export contracts at the beginning of this year increased compared to the same period last year. “We have signed orders until the end of June 2024. This is a positive signal from importers in traditional markets such as the US and Japan,” said Ms. Huynh Thi Khiet, Chairwoman of the Board of Directors and General Director of An Hung Joint Stock Company.

 

At Phong Phu - Phu Yen International Investment Joint Stock Company, this enterprise basically has enough production for the whole year of 2024. According to Mr. Nguyen Tien Dung, General Director of the company, 2024 starts with positive signals from the market. In addition to available orders, the company is continuing to work and look for new customers to increase production capacity. In addition, the company is also readying resources to implement new projects.

 

As a beverage manufacturing enterprise, Masan Brewery PY Company Limited (Hoa Hiep Industrial Park, Dong Hoa Town) has also made new developments. Mr. Ngo Da Tho, Director of the company, said: In addition to traditional beer products, the company has launched a new product, fruit beer. The product is currently available in many provinces and cities across the country with the goal of being able to serve and meet the needs of many customer groups.

Garment enterprises in the province signed many export orders in 2024. Photo: NHU THANH

 

Ready to break out

 

According to businesses, in the current difficult context, the recovery of orders is a positive sign, thereby helping businesses reduce pressure, maintain jobs for workers, and wait for the market to fully recover. At this time, businesses focus on restructuring the system and approaching customers with their own competitive advantages to maintain and develop the international market.

 

According to Ms. Huynh Thi Khiet, currently, some major economies in the world are still facing difficulties in regaining growth momentum, and global consumption has not shown a clear recovery. These reasons will cause significant difficulties for the overall export growth momentum in 2024. Therefore, businesses must constantly be flexible and creative to complete production and business goals.

 

“In addition to traditional customers such as the US or European countries, the company has also signed veston orders with partners from Japan. These are customers who place great importance on quality. To meet the requirements, the workers' skills must be very high, and the quality control process is also very strict. We encourage each other to make constant efforts. In 2024, the company will strive to retain partners, aiming to increase sales by over 15% compared to 2023,” Ms. Khiet added.

 

Emphasizing the determination to complete the major goals of the year, Mr. Nguyen Tien Dung said: Phong Phu - Phu Yen International Investment Joint Stock Company is determined to invest in building a working environment according to the requirements of green factory standards, reducing pollution emissions. These are the criteria to evaluate competitiveness when participating in the international supply chain. The company is striving to complete the procedures to invest in a new project in Phu Hoa district with a scale of 425 billion VND, requiring about 1,500 workers to expand production.

Currently, some major economies in the world are still facing difficulties in regaining growth momentum, and global consumption has not shown a clear recovery. These reasons will cause significant difficulties for the overall growth momentum in 2024. Therefore, businesses must constantly be flexible and creative to complete production and business goals.

 

Mrs. Huynh Thi Khiet,

Chairman of the Board of Directors, General Director of An Huong Joint Stock Company

 

Nhu Thanh


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