Order Guarantee
In early April, Quoc Quang Vietnam Company (Dien Nam - Dien Ngoc Industrial Park, Dien Ban Town) announced that it would recruit an unlimited number of workers to expand its production scale. However, so far, it has only recruited about 1,300 people, a shortage of 500 - 700 workers compared to the demand (expected 1,800 - 2,000 people).
In 2019, Quoc Quang Vietnam Company (Chinese investment capital) officially invested in building an electronic components factory on an area of 4 hectares in Dien Nam - Dien Ngoc Industrial Park.
Despite the impact of the COVID-19 pandemic, the company's business results have continued to grow. If in 2021, the company's total revenue reached 36.4 million USD, by 2023 it had reached more than 86 million USD, creating jobs for about 670 workers, with a monthly salary of 6.5 - 7 million VND/worker; for office workers and engineers, the average salary is 15 million VND.
Stable production and business activities have helped the company's sales grow continuously, estimated to have increased by more than 47% in the first four months of the year compared to the same period last year.
Quoc Quang Company is one of dozens of manufacturing and trading enterprises in the province that have been “doing well” since the end of the COVID-19 pandemic. After a difficult period, some enterprises have now recovered and developed well, especially those operating in the fields of garment, electronics, frozen seafood, etc.
At Fashion Garment Company (Tam Thang Industrial Park, Tam Ky City), the recovery rate is very positive, orders are increasing, ensuring enough jobs for workers until the end of 2024.
According to Mr. Le Van Chau - Head of Human Resources Department of Fashion Garment Company, in order to meet production requirements, since the beginning of the year, the unit has announced recruitment of workers many times but still does not have enough workers.
Currently, Fashion Garment has 2,300 workers, with an average income of about 7 million VND/month per worker. To stabilize production, the expected number of employees must reach nearly 2,500 people.
Fashion Garment Company mainly produces lingerie for export to two main markets: the US and Europe. Therefore, the economic recovery in these two markets in recent times has greatly affected the orders and growth rate of the business.
Positive signal
According to the report of the Department of Planning and Investment, compared to the same period in 2023, newly established enterprises in the first 5 months of the year increased in both the number of enterprises and registered capital.
As of May 31, 2024, the province had 564 newly registered enterprises, an increase of 4.1% with a registered capital of nearly VND 4,001 billion, an increase of 22.5%. The total number of enterprises entering and re-entering the market was 831, an increase of 4.66%.
Regarding domestic investment in the first 5 months of the year, 14 new projects were granted with a total registered capital of over 4.2 trillion VND, 4 projects were revoked. 7 new foreign direct investment (FDI) projects were granted with a total registered capital of 124.2 million USD, 1 project was revoked.
Up to now, the province has 1,148 domestic investment projects with a total capital of nearly 230 trillion VND and 199 valid foreign investment projects with a total registered capital of more than 6.2 billion USD.
A positive signal is that many businesses have stable orders, expanding markets and customers, including small and micro businesses operating in the field of food and consumer goods production...
According to statistics, the number of employees working in industrial enterprises at the end of May 2024 increased by 32.6% compared to the same period in 2023; in which the labor utilization index increased mainly in the foreign direct investment enterprise sector (up 56.4%); the non-state enterprise sector (up 5.6%); the state enterprise sector increased by 1.1%...
Recently, Quy Thu Production and Trading Company Limited (Que Son) signed a contract with a Korean partner to officially export baked coconut cake products to this market.
Accordingly, Quy Thu will initially export half a container of cakes to Korea, then gradually increase the quantity. Quy Thu Production and Trading Company Limited is famous for its OCOP-certified baked coconut cakes. This is the second OCOP product enterprise in Quang Nam to export to the world through official channels after the products of the “Ba Ba Hoi” brand (Tam Ky).
Mr. Bang Hao Van - General Director of Quoc Quang Company commented that the peak production will fall in the second half of the year, so from August to November the company will have to continue recruiting more workers to be able to meet orders delivered to partners.
Since the beginning of the year, orders have been increasing continuously, which not only reflects the recovery of the international electronics market. With this trend, market demand is expected to continue to increase in the second half of this year with an increase of 60 - 80%.
This is also the assessment of many managers and experts in recent months about the positive signals of the economy, thereby creating a premise for the Quang Nam business community to recover after a long period of difficulties.
Source: https://baoquangnam.vn/doanh-nghiep-vuot-kho-hoi-phuc-3136793.html
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