Ninh Binh strives to maintain growth momentum for industrial production

Right at the beginning of 2024, Athena Footwear Co., Ltd. in Yen Lam commune of Yen Mo district promptly stabilised production in a bid to complete orders for export, thus striving to meet the target of at least 20% growth in revenue as compared to the previous year.

To achieve the target, the company has diversified markets, products and customers, sought new orders, and studied new products.

At the same time, it has carried out numerous solutions to improve labour productivity and ensure social welfare policies for labourers.

Giang Van Anh, General Director of HKB - Hoa Lu Paper JSC in Van Phong industrial cluster in Nho Quan district, said in the first two months of 2024, the company has exported 10,000 tonnes of papers. The company has received enough orders for production in 2024 and it expects to produce 150,000 tonnes of products this year.

According to statistics of the provincial industrial cluster management board, in February, production of firms in industrial zones reached 5.81 trillion VND, representing a rise of 19.2%. Some products saw increases such as garments up 27.3%; footwear up 10.1%; urea fertiliser up 59.2%; steel up 29.9%; and floating glass up 6.3%.

Meanwhile some products saw decreases including trucks down 21.9%; passenger cars down 30.1%; cement-clinker down 14.8%, and NPK fertiliser down 15.8%.

Thanks for the implementation of numerous measures to improve the quality of products, diversifying markets, renewing sale methods, local firms have signed more orders, thus ensuring jobs for labourers by the end of the second quarter with an increase of 15-20% in the number of orders as compared to the same period last year. 

After the Tet holiday, the Ninh Binh provincial People's Committee has issued a directive urging local agencies, firms and units to soon resume production activities.

Besides, the provincial People's Committee also requested administrations at all levels and sectors to implement effectively the Government's Resolution 01/NQ-CP dated January 5, 2024 on spurring economic growth, removing difficulties for production and business, and enhancing credit growth.

For the banking industry, the provincial People's Committee asked banks to continue reducing lending interest rates in combination with facilitating access to soft loans in order to help local people and firms in production and business activities.

In 2024, Ninh Binh is striving to achieve 111.81 trillion VND in industrial production, a year-on-year increase of 8.7%.

To reach the target, the Ninh Binh provincial People's Committee asked local departments, sectors, agencies and units to strictly implement contents set out in its yearly work programme 2024 and solutions to spur economic growth and recovery; constantly collect information, and remove difficulties and hindrances to support and create fabourable conditions for firms to maintain and develop production and business activities.

Translated by Nguyen Thuy