Continuing the industrial growth momentum of 2024, the industry and trade sector aims for a 15% increase in the industrial production index; an 18% increase in industrial added value; and exports reaching US$8 billion in 2025. Responding to the market's positive consumption signals, many businesses in the province have developed specific business plans since the beginning of the year and are actively expanding their markets.
Hong Duc Educational Equipment Joint Stock Company has focused on boosting production right from the beginning of the year.
The SAB Vietnam Industrial Park (Bim Son Industrial Park), invested by SAB Vietnam Industrial Co., Ltd., covers an area of 66.44 hectares with a total investment of approximately VND 1,443 billion. Specializing in the production of auxiliary materials for the garment industry, this factory is expected to contribute to reducing the garment industry's dependence on accessories that have long been imported from abroad. Mr. Cui Gang, Deputy General Director of SAB Vietnam Industrial Co., Ltd., stated: “Since commencing operations in the second quarter of 2024, the company has achieved revenue of USD 56 million and created jobs for over 500 workers. In 2025, the company will continue to expand its investment in phase 2; and simultaneously develop more consumer markets to increase the factory's output to USD 150 million.”
At Hong Duc Educational Equipment Joint Stock Company (Le Mon Industrial Park), immediately after the New Year's holiday, the company began planning for the new year's production, with many orders for school furniture and equipment already signed. According to Ms. Vu Thi Ngoc Anh, Chairwoman and General Director of the company, with a target of 20% growth compared to the previous year, the company is continuously updating and adapting to new furniture trends; simultaneously modifying and "Vietnamese-izing" its products to suit the costs and tastes of Vietnamese consumers. In addition, the company is continuing to restructure its workforce, especially focusing on the marketing team; investing in additional production lines, machinery, and technology; and proactively changing and diversifying product designs to improve product quality and successfully access new markets.
Although a relatively young enterprise in the Thanh Hoa market, AZ Electrical Engineering Elevator Co., Ltd. in Thanh Hoa City has quickly established its position in the elevator product and equipment supply market. According to company representatives, the factory's 2025 orders have already secured production and employment for the first two quarters of the year. With a planned 30% increase in production compared to the same period last year, the company is investing in expanding its factory and simultaneously expanding its market reach to neighboring regions such as Hoa Binh, Nghe An, Ha Tinh , and Ninh Binh.
According to the Department of Industry and Trade, in 2024, the industrial sector saw the approval of 46 new investment projects. In addition, many projects nearing completion and becoming operational, such as the Radial Tire Manufacturing Plant, the Inteco Nitrile Glove Manufacturing Plant; the Nghi Son Steel Rolling Mill No. 2, and the Inteco Picture Frame Factory - Phase 2, will significantly increase production capacity, contributing to achieving the 2025 production target.
Towards sustainable and efficient production, the industry and trade sector is actively implementing a restructuring plan; focusing on developing the industrial sector in a way that harmoniously combines both breadth and depth, with a focus on developing the energy and processing/manufacturing industries as a breakthrough. The unit will also regularly monitor and understand the situation, focusing on resolving difficulties and obstacles, creating favorable conditions for industrial production facilities to maintain stable operations and maximize capacity; creating all conditions to accelerate the implementation of industrial projects to bring them into operation as soon as possible, creating additional production capacity for the economy . In addition, the unit also encourages and focuses on solutions for developing industry in rural areas, especially the processing of agricultural products; the production of equipment, machinery, materials, animal feed, and fertilizers serving agriculture; Developing small-scale industries in conjunction with restoring traditional crafts and introducing new crafts with good consumer markets will increase the value of raw material areas and create more jobs for workers.
Text and photos: Tung Lam
Source: https://baothanhhoa.vn/tang-toc-san-xuat-dau-nam-237455.htm






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