The initiative of enterprises in maintaining growth and stabilizing production and business has positively contributed to the economic growth of Ho Chi Minh City, especially in the industrial sector.


The initiative of enterprises in maintaining growth and stabilizing production and business has positively contributed to the economic growth of Ho Chi Minh City.
In the first 9 months of 2025, the industrial sector recorded a growth rate of 5.07%, contributing 24.6% to the city's GRDP growth. The industrial production index (IIP) increased by 6.9% over the same period, in which the processing and manufacturing industry continued to be the main growth driver with an increase of 10.5%.
Enterprises expand production, increase export orders
At Pungkook Saigon III Factory (An Phu Ward, Ho Chi Minh City), more than 1,800 workers are working urgently, taking turns working overtime to complete orders with partners. The factory specializes in producing backpacks and handbags for export to European, Japanese and American markets. This year, the factory's revenue is expected to reach 66 million USD, an increase of 50% compared to 2024.
“Our orders have increased significantly, but we currently do not have enough workers to meet them,” said Ahn Donghwi, Production Director of Pungkook Saigon III Factory. “Therefore, we need to recruit 400 to 600 more workers, bringing the total number of workers at the factory to about 2,200. To meet the growing demand, we are also investing heavily in automation and equipping new equipment to improve productivity.”

Mr. Ahn Donghwi - Production Director of Pungkook Saigon III Factory
High-tech industry maintains growth momentum

Not only garment enterprises, many factories in the high-tech field, especially electricity and electronics in Binh Duong area, also recorded positive signals.
Surveys show that demand for electrical and electronic products in the market has increased sharply, helping production activities this year to run smoothly.
Businesses expect the fourth quarter to continue to improve
Entering the fourth quarter of 2025, most foreign-invested and non-state enterprises believe that the production and business situation will continue to be positive. Many enterprises believe that they will achieve their full-year growth targets as expected.
Mr. Wu Jung Pin - General Director of Chengloong Binh Duong Paper Company (An Tay Industrial Park, Tay Nam Ward, Ho Chi Minh City), said: "Output in 2025 will increase by 3% compared to 2024 thanks to Vietnam's economic development. Currently, the company is preparing to put into operation a new production line in the early third quarter of next year, so it needs a relatively large workforce. We have applied competitive salaries to attract and retain workers."
Despite the positive signs, the industry still faces a major challenge of labor shortage. Economic recovery and production growth have led to a sharp increase in demand for human resources.
In the last 3 months of the year, in Binh Duong alone, businesses are expected to need to recruit about 12,000 more workers to accelerate production, not only to complete the 2025 plan but also to prepare for next year's goals.
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Source: https://htv.com.vn/san-xuat-cong-nghiep-tp-ho-chi-minh-phuc-hoi-doanh-nghiep-tang-toc-tuyen-dung-222251012104624751.htm
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