Amid the global and domestic economies are facing numerous difficulties and challenges, local enterprises have strictly followed the market’s developments and synchronously taken a wide range of solutions such as expanding markets and diversifying products.
Do Tuan Viet, General Director of Ha Long Floating Glass Co. Ltd., in Khanh Cu industrial zone, said iIn 2024, though the glass manufacturing industry met numerous difficulties and faced tough competition in export, the company still produced 400,000 tonnes, earned more than 2.7 trillion VND (115 million USD) and contributed 32.8 billion VND (1.3 million USD) to the state budget.
To overcome difficulties, maintain production and business activities, ensure jobs for labourers, leaders of the company have devised specific plans and sought new markets to boost exports in a bid to record a production growth target of at least 10% compared to that of 2024.
Amid the bustling working atmosphere of the beginning months of the new year, employees of Global Tone cosmetics plant in Khanh Thuong industrial cluster in Yen Mo district are working hard to ensure the quantity of goods for export orders.
Yang Ernie, a representative of Global Tone, said the plant has received enough orders for production in a long time. In 2025, the company is striving to produce 62 million cosmetic products of all types. Its export turnover is estimated to reach 10 million USD with revenue of 250 billion VND (10.4 million USD). It is expected to contribute 1 billion VND to the state budget and creates jobs for 600 labourers with an average monthly wage of 8 million VND per person.
At the same time, the company is speeding up construction of its second factory to meet the demand of customers.
Apart from efforts made by the business community, local departments, sectors and branches have enhanced state management in industrial development and created favourable conditions for enterprises to develop production and business in an attempt to fulfill the socio-economic development targets.
As a result, in January 2025, the province’s industrial production saw slight growth despite a nine-day Lunar New Year (Tet) Festival. Industrial production value was estimated to reach over 8.02 trillion VND (336 million USD), up 4.2% and the index of industrial production (IIP) rose by 0.83%.
Revenues of firms in the province’s industrial zones and clusters were estimated to hit 7.52 trillion VND (315 million USD). Some key industrial products having high growth includes camera modules (up 1.1%); footwear (up 4.3%); NPK fertilisers (up 19.4%); cement and clinker (up 2.9%); and electronic components (up 2.3%).
Experts said, in 2025, industrial production still faces difficulties and challenges due to the global situation.
To fulfill the goal of earning 111.54 trillion VND from industrial production, Director of the Department of Industry and Trade Duong Duc Dang said the department will continue to implement programmes on industry and handicraft development in the province in the period of 2021-2025. It will regularly review and adjust current policies and issues new policies to attract investment into technical infrastructure for industrial clusters; and develop the supporting industries and processing industry linked with with material areas.
The provincial People’s Committee has directed administrations at all levels and sectors to remove difficulties and create favourable conditions for enterprises to boost production and business, especially for those manufacturing automobiles, camera modules, electronic components, cement and clinker, garments and footwear./