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Enterprises put long-term faith in Binh Duong

Update: 24-09-2021 | 11:28:45

Amid accumulative difficulties caused by Covid-19 pandemic, Binh Duong province has made great efforts in implementing many solutions in each concrete time for pandemic prevention and control with the goal of protecting people, creating conditions for the local socio-economic recovery. All create a firm faith among enterprises to further develop in the new period.

Optimistic sign

Since July 2021, the strong outbreak of the pandemic has negatively impacted all aspects of social life in the province. Production and business activities in the province were halted. Workers lost their jobs and enterprises faced many difficulties. So far, the pandemic has been basically controlled. The "green zone" in the province has been expanded while the "red zone" has been narrowed. The province has also completed giving the first shots of COVID-19 vaccines to the entire population and had 6 out of 9 districts, towns and cities announcing them as the "green zone", initially recovering activities in the "new normal" state.

Production at Yatch Technology Company in the "green zone" of Bau Bang district

With the "speedy" vaccination, 100% of employees in province-based enterprises have been vaccinated against Covid-19. This has resolved the anxiety and constant pressure for the local enterprises about safety at factories, creating great faith in the business community. Lee Jaehong, CEO of Pungkook Sai Gon 3 Company in Thuan An city’s An Phu ward said: “During the outbreak of the pandemic, we have received great support from all-level authorities to set up production under the new model. Despite facing many difficulties and high costs, we have still tried to maintain production, avoiding the disruption of the supply chain. We have put our faith in the local pandemic prevention-control and follow positive changes from this task day by day. We have set up a scenario and want to have support from local authorities to resume operationsoon when safe conditions are ensured.

The clearest proof of the long-term faith that investors have put in Binh Duong during the pandemic is that they have still decided to pour millions of US dollars into production expansion. Zheng Xia, Deputy General Director of Thien Phien Co., Ltd., said that with great faith in Binh Duong, during the Covid-19 pandemic, the company has still decided to invest in a production plant in the My Phuoc III Industrial Park and a trade-service company in Binh Duong new city. He hoped that the province will continue strengthening propaganda, opportunely provide official information for laborers to stabilize psychology, strengthen their faith, thereby promoting production, business activities and ensuring social welfare.

Recently, Tetra Pak Company in VSIP IIA announced that it will invest an additional investment of five million EUR in its 120 million euro packaging material factory in Binh Duong. This has reaffirmed its faith in economic recovery of the province in particular and Vietnam in general after the Covid-19 pandemic. Eliseo Barcas, General Director of Tetra Pak Vietnam Company shared: “The additional investment of 5 million EUR has demonstrated our faith in the strong recovery of Vietnam's economy after Covid-19 pandemic and Binh Duong’s anti-Covid-19 task. The increase in investment capital will help us better serve our clients with capacity improved. The factory will be equipped with more machines to be able to produce high-quality paper packages to replace imported goods while minimizing environmental impacts”.

Solid foundation

The faith of the business community in the province has continued being multiplied when the local socio-economic situation in the first nine months of 2021 has basically achieved some positive results, creating a solid foundation for recovery and development. The province’s industrial production index during the period is estimated at increasing by 2.9% over the same period last year. The province’s total retail sales of goods and services is estimated at more than US$187.95 trillion, up 1.9 % against the same period last year. The province’s export turnover is estimated at US$ 24.5 billion, up 26.7% against the same period in 2020... In addition, the province’s optimistic sign is shown in the initial implementation of production plans in the "green zone" on the Covid-19 map. This has created an important foundation for the province to soon achieve its goal of returning to the "new normal" state.

The province has directed all-level authorities and localities to create favorable conditions for enterprises to resume production under the principle of "production must be safe production". Mai Hung Dung, member of provincial Party Standing Committee, Permanent Vice-Chairman of provincial People's Committee said that enterprises need to have preparations against risk situations and coordinate with all-level authorities and sectors to make efforts in production recovery. "We must bravely conduct surveys and inspection tours to create conditions for safe enterprises, especially those well implementing the "3 on-site", "1 road, 2 locations" production models to resume operation. In the process of implementation, we will find solutions to overcome difficulties if any. Each enterprise has its own difficulties, so we can't await a perfect plan without meeting with difficulties in reality," said Mr. Dung.

Mai Dung Dung, member of provincial Party Standing Committee, Permanent Vice-Chairman of provincial People's Committee: "We must bravely conduct surveys and inspection tours to create conditions for safe enterprises, especially those well implementing the "3 on-site", "1 road, 2 locations" production models to resume operation. In the process of implementation, we will find solutions to overcome difficulties if any. Each enterprise has its own difficulties, so we can't await a perfect plan without meeting with difficulties in reality."

Reported by Tieu My-Translated by K.T

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