Nearly 100% of businesses in industrial parks in provinces and cities where Typhoon Yagi passed through are focusing on overcoming the consequences and bringing production activities back to normal.
Focus on stable production
Textile and garment factories of the Vietnam National Textile and Garment Group (Vinatex) affected by Typhoon Yagi resumed production as soon as the storm passed, with an urgent mindset to complete signed orders.
Up to this point, a series of factories located in Nam Dinh, including: Nam Dinh Textile Joint Stock Corporation, Nam Dinh Fiber Factory, Nam Dinh Garment, Nam Dinh Silk Textile... have returned to normal production, with no technical problems occurring after the storm.
At the Yen My Yarn Factory of 8-3 Textile Company Limited (Hung Yen), production activities have returned to normal since the morning of September 8. However, according to the Company's Board of Directors, production was affected on the first day due to many problems with the power grid, affecting labor productivity and machine operation processes of the production lines.
Many Vinatex factories located in industrial parks in Hung Yen province suffered from the big storm, but did not suffer any damage to assets, equipment, or goods thanks to proactive storm prevention and property protection. However, the power grid interruption caused production to temporarily stop for a period of time.
For Garment 10 Corporation, production at all factories is stable. Mr. Than Duc Viet, General Director of Garment 10 said: “Garment 10 has promptly prepared plans to prevent and respond to the super typhoon, ensuring the safety of assets and people. Only Veston Hung Ha Enterprise (Thai Binh) had its boiler roof blown off, but all have been handled to stabilize production.”
Hung Yen, Ha Nam, Thai Binh, Bac Ninh, Bac Giang… are localities with many factories in the global supply chain, especially in the electronics and textile sectors. Maintaining continuous production is of great significance not only to workers and businesses, but also to the economy.
LS Electric Vietnam Co., Ltd.'s factory in Bac Ninh maintained normal production even during the 2 days of the storm and had to stay on-site to ensure the safety of workers. Up to now, in provinces and cities such as Hai Phong, Bac Giang, Bac Ninh, Quang Ninh, almost all workers have returned to work in safe conditions. In places heavily damaged by the storm, businesses have made efforts to restore factories, machinery and equipment to continue production.
Mr. Nguyen Van Phuc, Head of the Bac Ninh Province Industrial Park Management Board, said that all factories in the local industrial parks are operating stably, ensuring progress for signed orders.
Tan De Sports Products Manufacturing Joint Stock Company (Thai Binh) shared that thanks to the urgent cleaning of fallen trees at factories after the storm, nearly 16,000 workers returned to normal production at factories on the morning of September 9.
Hai Phong and Quang Ninh, two localities that suffered major damage from Typhoon Yagi, are urgently restoring electricity, water, and telecommunications systems, while businesses are continuing to actively fix the problem. Up to now, 90-95% of businesses in industrial parks in Hai Phong have resumed production.
Export goods will be delivered on schedule.
By stabilizing production soon after the storm, businesses can ensure timely production and on-time delivery to foreign partners, helping to maintain export growth in the remaining months of 2024.
Quang Ninh, Hai Phong, and other provinces and cities are making efforts to come up with many solutions to support people and businesses in restoring production and business activities after the storm.
The driving force for accelerated production is that orders signed with importers are almost full, especially in the electronics, machinery and equipment, textiles and footwear industries. According to statistics from the General Department of Customs, in the first 8 months of 2024, industrial exports accounted for over 88%, with industries recovering strongly.
The highest growth was in electronics, computers and components, reaching 46.325 billion USD, up 28.9% over the same period last year. Next were phones and components reaching more than 37 billion USD, up 9.5%; machinery, equipment and spare parts reaching 32.73 billion USD, up 21.8%; textiles reaching more than 24.3 billion USD, up 7.9%; footwear reaching 14.9 billion USD, up 11.8%; wood and wood products reaching 10.388 billion USD, up 22.3%...
Strong demand for “made in Vietnam” products from US and EU consumers is strongly boosting Vietnam’s export recovery. Mr. Michael Kokalari, Director of Macroeconomic Analysis and Market Research at VinaCapital, said that Vietnam is one of three countries in the world that have close economic ties with the US. Strong US consumption is boosting Vietnam’s export, manufacturing and GDP growth recovery.
Source: https://baodautu.vn/doanh-nghiep-don-luc-cho-san-xuat-sau-bao-d225027.html
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