Speeding up year-end orders

VCN - After social distancing measures were eased in many provinces and cities, businesses have been working to resume operations, especially speeding up for year-end orders.
Enterprises need to pay attention to comply with Orders 248, 249 Enterprises need to pay attention to comply with Orders 248, 249
Orders are better, will textile exports prosper in 2022? Orders are better, will textile exports prosper in 2022?
Many orders but many worries Many orders but many worries
Businesses are sprinting to meet year-end orders. Photo: T.D
Businesses are sprinting to meet year-end orders. Photo: T.D

The “golden” time to accelerate

Mr. Nguyen Van Be, Chairman of the Association of Export Processing Zones and Industrial Parks (EPZs) in Ho Chi Minh City, revealed that 95% of enterprises in Ho Chi Minh City's EPZs and IZs have bounced back, and the rate of returning workers reached 70%.

In the Ho Chi Minh City Hi-Tech Park, the number of businesses returning to operation reached 100%. The vast majority of enterprises are speeding up production to meet old orders, while others have plans for new year-end ones.

Most businesses in the textile and garment industry have stable orders until the end of the year and the beginning of next year. Pham Xuan Hong, Chairman of Ho Chi Minh City Textile, Embroidery and Knitting Association (Agtex), Chairman of the Board of Directors of Saigon 3 Garment Joint Stock Company, said that orders are available for businesses because the backlog orders that have not yet been produced is still quite large, and new added orders are also abundant.

Specifically, as soon as the social distancing measures were eased in Ho Chi Minh City, the delivery schedule must be sped up to meet the customer’s orders so the company had to organize overtime from the beginning of October. Up to now, the company has delivered several million products to customers in Japan, USA, and now is starting to produce winter orders.

“Besides, employees are also quite keen to return to work so many businesses gain higher productivity than usual. Many businesses have considered the option of overtime to keep up with orders. This is also a positive sign for the textile enterprises in the South in the last three months of the year," said Mr. Hong.

Similarly, in Binh Duong and Dong Nai provinces, the end of the year is considered a "golden" time to increase exports due to high market demand. Up to now, in industrial zones in Dong Nai and Binh Duong provinces, the number of enterprises returning to production activities has reached more than 96%. Enterprises are recovering production at a fast rate to meet year-end orders. For those enterprises that have not yet resumed operations, the Management Boards of Industrial Zones in the provinces are actively handling the dossiers and creating the most favorable conditions for enterprises to return to operation soon with safety prevention and control.

Mr. Nguyen Huu Quang, Head of Import-Export Department, Hansoll Vina Co., Ltd (Di An, Binh Duong), said that with 3,000 workers including old workers returning to the factory and newly recruited employees (about 10%), enterprises are speeding up production of many garment export orders, reaching about 75% to supply the US market.

A representative of Group Intellect Power Technology Viet Co., Ltd (Long Khanh, Dong Nai) said that now, 1,800 employees have returned to work after the quarantine period. Enterprises have also caught up and accelerated production to fulfill year-end orders.

Many remuneration policies are offered

Returning to work after the pandemic is under control, many businesses are still facing difficulties such as rising raw material prices and labor shortages. Timberland Co., Ltd., specializing in the production of sofas for export, needs to recruit 4,500 unskilled workers to keep up with year-end orders.

Ms. Phan Thi Cam Tu, Deputy General Director of Timberland Co., Ltd., said that before the pandemic, the company had about 8,500 employees. After the pandemic, only about 4,000 workers returned to work, leading to a shortage of workers, while orders at the end of the year were quite high. Although the company offers many welfare regimes to retain and attract workers, local workers in Binh Duong are not available, so recruitment is difficult which will significantly affect the production of the company.

In order to attract and retain employees with peace of mind, Taekwang Vina Industrial Joint Stock Company plans to welcome 400 workers from Dak Lak province back to Dong Nai to work after social distancing. A representative of Taekwang Vina Industrial Joint Stock Company said that in addition to covering transportation and transportation costs for workers entering Dong Nai to work, businesses also find accommodation for workers and provide additional support of VND2 million to VND3 million in a 12-month period. In addition, the company also has support for each worker to submit their own application to join the enterprise. Specifically, in addition to the prescribed benefits, workers will be supported by the company with an additional VND200,000.

Meanwhile, as shared by a representative of Pouyuen Company (Binh Tan District, Ho Chi Minh City), about 80% of the company's workers returned to work after a month in Ho Chi Minh City, while production fully recovered after workers from Tien Giang, Ben Tre return. In addition, the company is also arranging to transport about 11,000 workers daily to work from Long An.

Rising freight rates force exporters to increase orders at CIF prices to retain customers Rising freight rates force exporters to increase orders at CIF prices to retain customers

In addition, many businesses also support travel fees and SARS-CoV-2 rapid test fee for employees living in other provinces and cities when returning to work. Provinces and cities also set aside vaccine funds to prioritize vaccination for workers.

By Thu Diu/ Minh Phuong

Related News

Vietnamese goods are becoming more and more "qualified"!

Vietnamese goods are becoming more and more "qualified"!

VCN - To conquer Vietnamese consumers and be ready to export to demanding markets, many businesses have "joined hands" to build sustainable supply chains and improve the quality of Vietnamese goods.
Without resolving three significant bottlenecks, real estate market

Without resolving three significant bottlenecks, real estate market's revival will face numerous challenges

VCN - Economic expert Vu Dinh Anh shares insights on the real estate market's recovery trajectory in 2024.

Latest News

ASEAN, RoK agree on transposition of AKFTA product specific rules

ASEAN, RoK agree on transposition of AKFTA product specific rules

ASEAN member states and the Republic of Korea (RoK) have reached a consensus on the transposition of ASEAN-RoK Free Trade Agreement (AKFTA) Product Specific Rules from the Harmonised System Codes HS 2017 to HS 2022.
Opportunities for digital technology businesses to go global

Opportunities for digital technology businesses to go global

Finding solutions and directions to promote and develop Vietnamese digital technology enterprises is an important task, which will promote the stability and sustainability of the country's economy, heard a recent conference.
Vietnam, China eye stronger border trade

Vietnam, China eye stronger border trade

Border provinces of Vietnam and China should continue close coordination and enhance trade promotion between the two sides, stressed the recent talks between the management boards of the economic zone of the northern province of Ha Giang and the Malypo border economic cooperation zone of China’s Yunnan province.
Improve competitiveness and sustainable development of the seafood industry

Improve competitiveness and sustainable development of the seafood industry

VCN - In early 2024, seafood exports have prospered. This is the driving force that helps seafood businesses hope for a stronger recovery this year. Ms. Nguyen Thi Thu Sac, Chairwoman of the Vietnam Association of Seafood Exporters and Producers (VASEP) shared with Customs Magazine.

More News

Business environment reform needs further promotion: expert

Business environment reform needs further promotion: expert

Resolution 02 issued by the Government creates pressure for the ministries, sectors and localities to make changes for the business community as well as the socio-economic development.
Singapore is the largest foreign investor in VN in Q1

Singapore is the largest foreign investor in VN in Q1

The disbursed FDI rose by 7.1 per cent in the first quarter to reach $4.63 billion, a signal that the disbursement will continue the positive trend, the agency said.
Thai Binh boosts investment, trade cooperation with Germany

Thai Binh boosts investment, trade cooperation with Germany

A delegation from the northern province of Thai Binh, led by Deputy Secretary of the provincial Party Committee Nguyen Khac Than, visited several localities and business organisations in Germany from March 25 to 27, in a bid to enhance trade cooperation with and attract direct investment from the European nation.
Lifting obstacles to develop industrial parks

Lifting obstacles to develop industrial parks

VCN - Attracting investment and developing industrial zones (IZs) and economic zones (EZs) is one of the important contents to implement the policy of developing a multi-component, open, attract investment and resources from all economic sectors to develop the country. In addition to the results achieved, there still limitations that need to be removed to draw investments to develop industrial parks and economic zones, including financial problems for industrial parks.
Unlock capital flows and create favorable conditions for investors

Unlock capital flows and create favorable conditions for investors

VCN - Talking with the press, Dr. Ngo Cong Thanh (Photo), Provisional Executive Committee member of the Vietnam Industrial Park Finance Association (VIPFA), said that it is necessary to open up capital flows and create conditions for investors to access key factors. Facilitate production and business factors and innovate investment promotion activities to more effectively develop industrial parks.
More than 300 businesses, manufacturers to attend VGMF 2024

More than 300 businesses, manufacturers to attend VGMF 2024

More than 300 domestic and foreign businesses and manufacturers will attend the Vietnam Global Manufacturing Forum 2024 (VGMF2024) to explore investment and business cooperation opportunities.
Connecting with FDI firms helps boost wood exports: insiders

Connecting with FDI firms helps boost wood exports: insiders

Strengthening linkages and cooperation between foreign-invested and domestic enterprises will contribute to promoting the sustainable development of the Vietnamese wood industry, according to insiders.
Doosan Vina exports nearly 2,000 tonnes of modules to US

Doosan Vina exports nearly 2,000 tonnes of modules to US

The Doosan Enerbility Vietnam (Doosan Vina) specialising in heavy industries announced on March 26 that it has just exported a batch of nine modules weighing nearly 2,000 tonnes to the Golden Triangle Polymers company in Texas, the US.
Wood processing enterprises strive to increase the proportion of individually designed goods

Wood processing enterprises strive to increase the proportion of individually designed goods

VCN - Many wood and furniture processing enterprises are promoting investment in design activities, helping to increase the proportion of individually designed products (ODM) in exports, thereby affirming the industry's capacity Vietnamese wood in segments with higher added value.
Read More

Your care

Latest Most read
ASEAN, RoK agree on transposition of AKFTA product specific rules

ASEAN, RoK agree on transposition of AKFTA product specific rules

ASEAN member states and the Republic of Korea (RoK) have reached a consensus on the transposition of ASEAN-RoK Free Trade Agreement (AKFTA) Product Specific Rules from the Harmonised System Codes HS 2017 to HS 2022.
Opportunities for digital technology businesses to go global

Opportunities for digital technology businesses to go global

Finding solutions and directions to promote and develop Vietnamese digital technology enterprises is an important task, which will promote the stability and sustainability of the country's economy, heard a recent conference.
Vietnam, China eye stronger border trade

Vietnam, China eye stronger border trade

Border provinces of Vietnam and China should continue close coordination and enhance trade promotion between the two sides, stressed the recent talks between the management boards of the economic zone of the northern province of Ha Giang and the Malypo border economic cooperation zone of China’s Yunnan province.
Improve competitiveness and sustainable development of the seafood industry

Improve competitiveness and sustainable development of the seafood industry

In early 2024, seafood exports have prospered. This is the driving force that helps seafood businesses hope for a stronger recovery this year.
Business environment reform needs further promotion: expert

Business environment reform needs further promotion: expert

Resolution 02 issued by the Government creates pressure for the ministries, sectors and localities to make changes for the business community as well as the socio-economic development.
Mobile Version