Investment News


Increase the production index of the processing and manufacturing industry

08/12/2023

Quang Ninh always identifies the processing and manufacturing industry as a new source of growth in the province's economic structure. Right from the early days of 2023, relevant departments, branches and localities of the province have continuously improved the business investment environment, supported businesses to promote investment in the area as well as promptly remove difficulties. difficulties and obstacles for businesses that already have production and business activities. Since then, the production index of the processing and manufacturing industry from the beginning of the year until now has increased compared to 2022.

In November 2023 alone, the production index of the entire processing and manufacturing industry of the province increased by 51.05% compared to November 2022. The cause of the increase determined in November was that Jinko Solar Co., Ltd. in Song Khoai Industrial Park produced a new product, solar panels. Thus, after about 2 years of investing in the province, Jinko Solar Co., Ltd. has produced and sold solar panel products to the market, one of the processing and manufacturing industrial products expected to have many contributions. for the economic growth of the province.

In addition to solar panel products, in the first 11 months of 2023, enterprises' production of electrical equipment increased by 352.36%; Production of products from rubber and plastic increased by 191.51%; Production of beds, wardrobes, tables and chairs increased by 104.39%; Production of drugs, pharmaceutical chemicals and medicinal materials increased by 58.83%; Apparel production increased by 45.90%; Production of electronic products, computers and optical products increased by 19.54%; Refined soybean oil increased by 15.6%; bottled beer increased by 17.0%; Suits, ensembles, jackets, trousers, coveralls, and shorts for adults not knitted or crocheted increased by 73.5%; Wood shavings and chips increased by 16.5%. Along with that, drugs containing penicillin or other antibiotics in pill form increased by 58.8%; Vinil Tines floor panels increased by 279.7%; speakers increased by 28.9%; Silicon panels increased by 43.9%; wooden beds of all kinds increased by 150.0%; Other wooden cabinets (except kitchen cabinets) increased by 95.1%; candles, tree candles increased by 19.6%; smart bracelets reached nearly 1.2 million units; knitted or crocheted fabric with a width of not more than 30cm reached 13.8 million m 2 .

 Vegetable oil production at Cai Lan Vegetable Oil Company Limited.

In addition to products with increased value, the processing and manufacturing industry witnessed a decrease in some products compared to 2022, such as: Twine from natural fibers decreased by 4.4%; Woven fabrics made from cotton fibers with a cotton density of 85% or more decreased by 3.2%; woven fabric from synthetic cotton decreased by 28.7%; Shoes and sandals with leather soles or uppers are reduced by 12.0%. According to relevant departments and branches, this decline is not a cause for concern. These industries will continue to improve in the coming time as textile and garment consumption in European countries tends to increase again. Many new orders were signed and the process of completing the repair of the factory of Sao Vang Co., Ltd. Branch was completed.

Ms. Nguyen Thi Hien, Director of the Department of Industry and Trade, said: From the results achieved by the processing and manufacturing industry, it has contributed to raising the province's industrial production index (IIP) for 11 months by 10. 08% over the same period in 2022. This is an extremely impressive number in the context of an unstable and unpredictable world situation, positively contributing to Quang Ninh's economic growth in 2023 reaching 11.03%. %.

In the last month of the year, the target of the processing and manufacturing industry is to continue maintaining the stable development of products that have been created since the beginning of the year; At the same time, we will support and remove difficulties to produce 50,000 tons of flour, 2 million pieces of clothing, 6.9 million pieces of hats..., thereby contributing to ensuring the completion of the economic growth scenario. as planned by the Provincial People's Committee from the beginning of the year.

Manh Truong