Enterprises with stable labor are ready for production and export in the new year

VCN - After the Lunar New Year holiday in 2023, in some southern provinces such as Ho Chi Minh City, Binh Duong, Dong Nai, and Binh Phuoc, workers have returned to work in factories and enterprises with a rate of over 90%.
What are the conditions to exempt tax for importing goods from bonded warehouse to inland to export? What are the conditions to exempt tax for importing goods from bonded warehouse to inland to export?
Piloting electronic tax payments for import–export goods via payment service suppliers Piloting electronic tax payments for import–export goods via payment service suppliers
In 2023, focus on exploring new and potential markets In 2023, focus on exploring new and potential markets
With many policies to take care of Tet, employees have returned to work relatively stably after Tet. Photo T.L
With many policies to take care of Tet, employees have returned to work relatively stably after Tet. Photo T.L

Excited to get back to work

Starting to return to the rhythm of operations at the beginning of the year, Tan Quang Minh Company quickly stabilized production to keep up with the delivery schedule, with over 90% of employees returning to work after Tet. At the same time, to expand export markets, enterprises retain workers and recruit more than 100 workers to operate at full capacity.

Mr Nguyen Dang Hien, General Director of Tan Quang Minh Company, said that in 2023, the company focused on expanding the export market with its brand, exporting to two fastidious countries, Japan and Singapore. As a result, businesses expect sales to double in comparison to 2022.

Similarly, at Saigon Food Joint Stock Company, employees have returned to start work in the new year, 2023. However, a representative of Saigon Food Joint Stock Company said that to retain employees, this year, the business will continue to maintain the organization of buses to transport workers back home to celebrate Tet and have preferential policies for workers who return to work after Tet with a total support cost of about one billion dongs.

Ms Bui Thi Quyen, a worker at NaverSouth Vietnam Volunteer Company (Binh Tan District, Ho Chi Minh City), said that the company started working on January 27 (to January 6, the Lunar New Year 2023). At factory number 6, she works with twenty workers; eighteen workers are working on the right day.

The report of the Department of Labor, Invalids and Social Affairs of Ho Chi Minh City shows that, on the first working day after Tet, in all fields of occupation, the rate of workers returning to work reached 95% compared to the previous working day before Tet. In Binh Duong province, the Confederation of Labor and the Management Board of Industrial Parks said that some large enterprises had a higher rate of return of workers than last year, reaching over 90%.

Meanwhile, according to the Labor Confederation of Dong Nai province, about 95-96% of employees have returned to work after the Tet holiday, with some enterprises returning to work at 100%. Long An province has 92%, and Binh Phuoc province has 91% of workers returning to work.

Lots of good news

Along with stabilizing human resources, many enterprises soon received a series of export orders at the beginning of the year. For example, Mr Nguyen Trung Dung, Chairman of the Board of Directors of DH Foods Joint Stock Company, shared, on the 6th day of Tet, on the first day back to work, the company was very surprised to receive an order, including an export container of household products go to the Netherlands. This is good news, creating great motivation for businesses right from the beginning of the new year. While other exporters face a shortage of orders, DH Foods regularly receives orders from difficult markets. For example, at the end of December 2022, the company exported two containers of new products to Japan. Furthermore, entering the beginning of January 2023, the company continued to export many shipments to the US. Currently, businesses continue to receive orders from the European market, so they must mobilize all employees to start work to keep up with the schedule immediately.

Sharing the same joy, in the first month of 2023, agricultural exports showed signs of improvement. Vina T&T Group Company said fresh fruit export orders in January 2023 recorded a growth of 30% over the same period last year. On the other hand, traditional products maintain stable orders. Notably, pomelos exported to the US and durians to China contributed to the growth of the business. According to Nguyen Dinh Tung, General Director of Vina T&T Group, purchasing power in Europe and the US is recovering faster than forecast due to market demand. Meanwhile, fresh fruit products sell out quickly, so partners place new orders daily, especially from the Chinese market.

A representative of G.C Food Joint Stock Company said that the business is accelerating, working day and night in the first days of the new year when continuously receiving new export orders from partners. Up to now, the number of orders of the enterprise accounts for about 30% of the output according to the production plan for 2023. These are very good signs to help the business move forward steadily in a year of forecasted difficulties. At the same time, with the trend of consumers in the US and European markets tightening their wallets, businesses are drawing up a strategy to diversify customers and find new markets such as Eastern Europe, Southeast Asia and the Middle East, diversifying products and new formulas to continue bringing Vietnamese agricultural products to the international market in 2023.

U.S. is Vietnam’s largest export market, with an estimated turnover of US$ 7.6 billion in January U.S. is Vietnam’s largest export market, with an estimated turnover of US$ 7.6 billion in January

VCN - In January, the U.S. was Vietnam’s largest export market, with a turnover of US$ 7.6 ...

The textile and garment sector is forecasted to be significantly affected when inflation in some major markets tends to increase. However, some businesses said that even during the Lunar New Year 2023, businesses had received orders from partners.

By ThuDiu/Quynhlan

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