Business

Hai Duong industry on way to recovery

SUNDAY, 01/05/2022 07:00:40

In the first three months of the year, Hai Duong's industrial production continued to thrive.


Workers of Vietnam Poyun Electronics Co., Ltd. both proactively prevent the pandemic and produce loudspeakers and conductor wires for export with high growth

Good growth

Hoa Phat Hai Duong Steel JSC. in Kinh Mon town, one of enterprises taking the lead in contributions to the provincial budget over the past years, is operating its factories at maximum capacity.

In the first three months of the year, the company produced 551,868 tons of steel billets, 6% higher than planned and 3% higher than the same period in 2020 and 2021, and 555,000 tons of finished steel, up 3% and 13% over its plan and the same period, respectively.

Sales in the first quarter also surged by more than 20% compared to the corresponding period in 2020 and 2021.

Vietnam Poyun Electronics Co., Ltd. in Cong Hoa industrial park, Chi Linh city, is one of enterprises heavily affected by the Covid-19 pandemic.

However, since mid-2021, the company’s production and business activities have recovered and developed strongly. Especially, since early 2022, the firm’s output and revenue have sharply increased.

In the first quarter of the year, the enterprise achieved an average monthly revenue of over 96.3 billion VND, up 3.6 times over the same period in 2021 and more than 11% over the monthly average in 2020.

This is one of businesses with strong recovery and growth in the province in the first months of the year.

In the first quarter of 2022, Vicem Hoang Thach Cement One Member Co., Ltd. recorded year-on-year increases of 8% in cement and clinker sales, 10% in revenue, and 53% in pre-tax profit.

According to the provincial Statistics Office, the provincial industrial production index in the first quarter of the year rose by 22.5% compared to the same period last year. Many key industries posted increases above 20%, such as garments, footwear, electronics, computers, electrical equipment, processing, manufacturing, electricity production and distribution, etc.

Many measures taken

According to Do Duc Don, Deputy Director of Hoa Phat Hai Duong Steel JSC., the company always defines human as the central factor in management, production, and business.

Meanwhile, Dang Thi Quyen, Human Resources and Administration Manager of Vietnam Poyun Electronics Co., Ltd., said with the then growth momentum and a proactive and flexible attitude to take one step ahead in epidemic prevention and control, her company would be determined to achieve its objectives.

Hai Duong has defined "Flexible adaptation, breakthrough growth" as the motto of 2022. The province targets a 10% economic growth rate for the year.

To obtain this goal, since the beginning of the year, Party committees and authorities at all levels have focused on leading and directing the intensification of investment attraction and removal of bottlenecks to support production and business.

PHAN ANH

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