Industrial production recovers its growth

According to Provincial Department of Statistics, the industrial production situation in the province is following a positive trend; businesses are overcoming difficulties, focusing on innovating management methods and improving product quality to proactively building a suitable business plan to find partners, new orders, and increase competitiveness in the market.

Production activities at Kyungbang Vietnam Company (Bau Bang Industrial Park)

Accordingly, the province's industrial production index over the first 4 months of 2024 is estimated to increase by 4.29% over the same period last year. In 2024, Binh Duong determines to stimulate the industry to continue to become a growth engine, striving for an increase of 8.7% in the industrial production index (IIP). Currently, many of the province's key industrial production industries such as wood processing, machinery and equipment, footwear, textiles and garments have increased numbers of new export orders, thus enterprises are having to recruit large numbers of workers. These are good signs, contributing to promoting industrial production activities in the province.

Reported by Ngoc Thanh - Translated by Ngoc Huynh