Businesses in Da Nang are speeding up labour recruitment as well as increasing production time to meet market demand, striving to achieve the highest business performance results in 2023.

Workers are seen at the Hoa Binh Carton Packaging Production Company Limited in the Hoa Cam Industrial Park, Cam Le District, Da Nang. Photo: M.Q

Rise in order volumes

Many businesses in Da Nang have, since the beginning of the fourth quarter of this year, continuously recruited workers to meet the needs of production expansion. In October, more than 100 units sent recruitment notices to the Da Nang Employment Service Centre to look for employees on  more than 7,100 positions.

Among them, many enterprises in the electricity, garment and seafood industries recruited large numbers of workers, for instance, the Thuan Phuoc Fisheries and Trading Joint Stock Company recruiting 1,000 people; Fujikura Automotive Vietnam Co., Ltd. with  500 people.

According to Mr. Nguyen Vu Khoa Nguyen, the Head of Human Resources Department of Fujikura Automotive Viet Nam Co., Ltd., this business recruited a large number of workers because it has just invested in additional production lines. For the time being, the total number of employees in the company is about more than 3,100 and the company is expected to recruiting more until demand is met.

In a similar vein, the Asia Architecture and Trading Company Limited, located in the Hoa Khanh Industrial Park, Lien Chieu District, is making also efforts to achieve the goal of producing about 25,000 tonnes of paper in 2023, an increase of 10% compared to 2022.

Mr. Ha Ngoc Thong, the company’s Director, said the number of employees at the company currently stands at more than 400, an increase of 20% compared to the beginning of the year and the company continues to make more employee recruitments because the demand for goods from partners is climbing up.

Although the volume of produced goods increased, the company's revenue is expected to reach only VND 400 billion, equal to 80% of the 2023 target (VND 500 billion). The reason is because product prices must be lowered by 15% to satisfy customers, ensuring order quantity for workers.

Similarly, the Trung Khoa Printing Company Limited located in the Da Nang Industrial Park, Son Tra District, also recruited more personnel to meet carton production orders for some partners. It is known that the company’s fourth quarter order volume company has increased by more than 10% compared to before.

Meanwhile, the Thuan Phuoc Seafood and Trading Joint Stock Company has completed export orders to serve the Christmas market from Europe and America and it is gearing up to complete others for the Japanese market.

Mr. Tran Van Linh, the Chairman of the Board of Directors of the company, said that frozen seafood export output in the January - October, 2023 reached 10,087 tonnes, up 10.1% over the same period in 2022 (9,958 tonnes), reaching export value of US$ 100.2 million, equal to 84% compared to the same period in 2022 (US$ 118 million).

As for the Thuan Phuoc Seafood and Trading Joint Stock Company, the reason revenue went down but the number of goods soared up was to retain customers and reduce product costs to maintain contracts with partners. Mr. Linh said that the increase in the number of orders is still a positive signal.

Industry flourishes

According to the Da Nang socio-economic report for November alone, and the 11 months of 2023 released by the municipal Department of Statistics, the index of industrial production (IIP) in November 2023 soared by 3% compared to the previous month and by 1.4% compared to the previous month. Compared to the same period in 2022, however, in the entire 11 months, IIP of the entire industry plummeted by 2.4% compared to the same period in 2022.

Some industry groups achieved good growth in the 11 months of 2023, significantly contributing to narrowing the overall decline index of the entire industry, typically, motor vehicle production up by 42.8%; printing and copying records of all types 25.5%; electronic and computer product production 22.8%; beverage production 19.7%; water exploitation, treatment and supply 16.9%.

Many industrial products increased in volume over the same period, such as other printing products 52.9%; ignition wire sets and other wire sets used for motor vehicles 42.8%; computer parts and accessories 31.7%; fresh water and frozen shrimp 24.5%.

In November alone, the consumption index of the entire processing and manufacturing industry recorded a rise of 2.2% from the previous month. The labour utilisation index of the entire industrial sector rose by 0.2% compared to the previous month.

Besides, it is estimated that the total two-way import and export turnover reached US$ 255 million, up 3.2% compared to the previous month. Of this, exports were valued at US$148 million, up 1.3% over the previous month and imports reached US$ 107 million, up 5.8%.

It can be seen that the city’s industrial production is recording positive signs. In particular, many businesses in the city have access to industrial promotion capital in 2023 such as the Hoa Binh Carton Packaging Production Co., Ltd. receiving VND 300 million, Ba Loc Sandpaper Glue Production Co., Ltd. with VND 300 million.

It is known that VND 4.5 billion from the city budget have been poured into industrial promotion programmes, thereby supporting production machinery and equipment; product designs and packaging for businesses, and facilitating businesses to participate in connection programmes and industrial fairs.

Besides, being fully aware of requirements for green production conversion, the Da Nang Department of Industry and Trade and the Authority of the Da Nang Hi-tech Park and Industrial Zones are supporting manufacturing businesses, through training classes, to participate in the “smart factory” project so that businesses can access modern production and management  methods.

Reporting by MAI QUE - Translating by A.THU