Vietnamese Production Chains Adapts to the New Normal
According to the Ministry of Industry and Trade, Vietnam recorded a trade surplus in September 2021 thanks to the efforts of the business community. This achievement would be aided by the government’s Resolution 128 on safe and flexible adaptation to and effective control of the Covid-19 pandemic issued on Oct. 11, 2021.
In many localities, businesses have been strengthening production to adapt to the new normal.
|Businesses are boosting production to fulfill the new orders and recover business activities. Photo: Dangcongsan.vn|
According to the ministry’s special working group in southern Vietnam, Tien Giang province has been implementing measures to ensure safety for business production.
The province has a total of 186 businesses working in industrial parks and clusters, 41.9% of whom are applying the three-on-site production mode (eating, sleeping, and working without leaving the workplace).
In Ba Ria – Vung Tau province, the working group recorded 22 businesses currently in operation.
Similarly, businesses in Hanoi have been accelerating production after the city has loosened its social distancing orders.
Recent statistics showed that 95% of businesses had resumed normal operation by mid-October, of which 661 businesses have established Covid-19 Control Steering Committees.
Improving solutions to support businesses
To address the challenges facing the private sector, Truong Thanh Hoai, Director General of the Industrial Agency under the Ministry of Industry and Trade, noted that the agency would focus on ensuring safe Covid prevention measures in production activities. It would also prioritize the circulation of goods for business activities and propose financial, credit and social welfare support policies for businesses and workers.
The Industrial Agency would also focus on completing the policies to boost the development of the foundation industries.
|The Minister of Industry and Trade worked with the Industry Agency. Photo: Vietnam+|
Minister of Industry and Trade Nguyen Hong Dien requested the Industrial Agency to implement solutions to support the private sector according to the policies promulgated by the National Assembly and government.
Minister Hong Dien underlined the importance of ensuring Covid safety measures and circulation of goods and materials in helping businesses resume production and forming development strategies for associations and businesses in the post-Covid period.
The leader of the Ministry of Industry and Trade also requested the Industrial Agency to promptly work with other agencies under the ministry, also with localities with potential for industrial development, to design strategies and industrial development programs that suit the competitive strengths and resources of these localities while aligning with the regional and provincial master plans.
|With positive Covid control and prevention developments across the country, businesses are accelerating production to meet the new orders in the last leg of 2021. Photo: Vietnam+|
In addition, Minister Hong Dien underlined that the Industrial Agency should focus on improving mechanisms and policies to address the challenges facing major industries such as steel, automobile, garment and textile, footwear and food. This would help to meet the production and consumption needs in the country and create resources for export.
The minister requested that the agency guide and encourage the formation of industrial support centers in localities with potential for industrial and service development.
“We must focus on developing and running industrial support centers effectively to help industrial businesses in localities that serve as the linkages between production technology centers, connect supply and demand and serve as platforms for exchange of industrial and supporting industry products,” Hong Dien said.
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