Inspite of numerous difficulties and challenges in 2022, Ninh Binh province's industrial production maintained its high growth, reaching over 99.5 trillion VND (4.24 billion USD), a year-on-year rise of 7.2%.
In 2022, some industrial products witnessed stable growth, such as footwear, camera modules, cars, and mining industry.
Along with effectively implementing the government and province's economic recovery programmes, each enterprise also had its own plan to boost production and seek new customers in a bid to create stable jobs for labourers.
Park Dong-young, General Director of Sanico Vietnam Co., Ltd., said: "In 2022, due to price fluctuations, shortages of input materials and difficulties related to markets, the company strived to seek new partners to boost exports to the Republic of Korea and China. Currently, we are maintaining stable jobs for 400 workers. We are constructing the third workshop, and planning to employ an additional 100 labourers in 2023."
Itas Mars Intimates Fashion Co., Ltd. has promptly taken suitable measures to adapt to the new context. It restructured its operations, established smart and automatic production lines, thus bringing about practical effectiveness.
In 2023, Ninh Binh sets a target of 110 trillion VND (4.69 billion USD) in industrial production, representing a year-on-year increase of 10%.
Amid the current complicated developments of the world situation, the above target seems to be a great challenge for Ninh Binh, requiring the active engagement of the local business community.
Local departments and agencies have been implementing programmes and solutions to remove difficulties, step up industrial production and exploit the current maximum capacities of factories, thus helping to boost the province's socio-economic development in a faster and more sustainable manner.
Translated by Nguyen Thuy
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