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The optimistic signals of the macro economy, public investment, along with the well-controlled COVID-19 epidemic made the business community in the province very optimistic, trusting in smooth production and business operations in 2022 to fulfill the set targets.

Production at Thermtrol Vietnam Co. Ltd. is delighted from the beginning of the year

The optimistic enterprises

Right from the beginning of the year, businesses have very energetically entered production and business processes. Like many other businesses in Binh Duong, after the Tet holiday, Yakult Vietnam Co. Ltd. of 100% Japanese capital and specializing in the production of fermented milk in Vietnam - Singapore Industrial Park 1 has started working again on the 5th with the belief that production and business operations in 2022 would be more favorable. The business has been putting its operations on a stable rotation with purchase orders continuously signed.

According to Mr. Kenji Iwao, Deputy General Director of Yakult Vietnam Co. Ltd., in the past year, despite facing many difficulties due to the epidemic and thanks to the synchronous implementation of solutions to care, support and keep employees, the company has achieved 100% of the plan. It is expected that this year the company will expand the scale of the factory by installing an additional bottle production line with a capacity of 11,000 bottles an hour, an increase of 15% in output compared to 2021. It is expected that by 2026, the company will reach the target of producing and consuming 2 million bottles of Yakult a day. In order to realize the set goals, the Board of Directors and employees of the company excitedly entered the new production and business process from the first day of the year.

Thermtrol Vietnam Co. Ltd., a 100% US-owned enterprise specializing in the production of electronic components for the automotive and medical equipment industries, also joined forces with the spirit of determination to win. Mr. Kaohsiung Son, General Director of the company, said that most businesses today share the same optimism, believing in good days ahead. “After a lot of efforts to overcome difficulties and get the unanimity of employees, the company's production and business activities gradually stabilized again. Up to now, the unit has received purchase orders until the end of May 2022. Therefore, not only do the company create stable jobs for the number of employees who are working, but the company also announced the recruitment of 100 more workers to meet production and business requirements in the new year," said Mr. Kaohsiung Son.

Before the opportunity in 2022 besides the advantage that the world market is gradually recovering and the COVID-19 epidemic is under control, many businesses are also worried about the labor market in Binh Duong that would fluctuate in a year of difficulties to employ enough for production operations. Mr. Huynh Kinh Quoc, Administrative and Human Resources Director of Hoyalens Co. Ltd. in VSIP 2, said that now all businesses have a regime to retain employees. That is to pay more attention to life, income stability, employment as well as to fully and seriously implement policies for employees. In order for the business community to grow stronger and stronger, businesses want more attention and support from authorities at all levels and sectors, especially their favorable offers to connect with localities to have enough resources for production development labor.

Enterprises are also aware that labor is an important resource to help businesses develop, so more than ever, businesses need the "retention" policies for them to continue to work. Mr. Kaohsiung Son said: “In 2021, the production and business activities of Thermtrol Vietnam faced many difficulties and challenges. However, the unit still tried to maintain a full range of regimes and policies to retain employees. Specifically, employees who did not participate in "3 on-site" or "1 route, 2 destinations" production were still entitled to 100% of the basic salary and other regimes and policies. For the number of employees participating in production, the company covered all expenses for food, accommodation, living, health supplements and additional overtime allowances up to 200% of basic salary. Especially on the last Tet holiday, the company gave 13th month salary bonuses, seniority bonuses, evaluation and rating etc. for employees to enjoy and celebrate Tet, and for a long time working with the company."

The world economy is gradually recovering as Vietnamese businesses are facing both opportunities and threats. This requires businesses to be proactive with constant creativity in production and business operations that are be professional, flexible, and of good visions and forecast in the short term as well as in the long term. Fortunately, businesses in Binh Duong are showing their determination to exceed their growth targets compared to the previous year in order to integrate deeply into the world market. Ms. Lam Kim Thuong of Quality Management Department of Yakult Vietnam Co. Ltd., said: “In order to seize the opportunity, our factory started to expand and invest in production equipment from 2020. The company will continue to expand operations in the coming time to be able to meet the increasing consumption in the domestic market.”

According to forecasts of economic experts, in 2022, businesses in Asia including Vietnam will face many new and good opportunities, especially for export businesses. The epidemic is being well controlled on a global scale as the demand for shopping and consumption is increasing. In the domestic market, the opening of the entire economy along with policies to support businesses in the post-COVID-19 period are considered favorable conditions for businesses to promote production development. In fact, the business community in Binh Duong has returned to production and been recovering quickly from the last months of 2021 to entering 2022 with many greater expectations.

Reported by Tieu My – Translated by Vi Bao