High competition, footwear production index in Can Tho drops sharply

MỸ LY |

Can Tho - Competitive market, orders from agents decreased, footwear production index at enterprises in the city decreased by 53.02% compared to the same period.

According to the Can Tho City Statistics Office, in the first 10 months of 2024, the industrial production index of the whole industry is estimated to increase by 7.04% over the same period last year. The processing and manufacturing industry increased by 7.32%; the electricity production and distribution industry increased by 6.00%; the water supply, waste and wastewater management and treatment industry increased by 1.84%.

Processing and manufacturing industries increased sharply compared to the same period, such as garment production increased by 63.26%; production of rubber and plastic products increased by 36.28%; production of prefabricated metal products (except machinery and equipment) increased by 36.25%...

Some industrial products increased sharply compared to the same period, such as bags and pouches (including slats) from other plastics increased nearly 3 times; mineral fertilizers and NPK chemical fertilizers increased more than 2 times... Ready-made clothing products increased by 90.38%, some enterprises maintained good welfare for workers, had a team of skilled workers, worked for many years, and maintained good relationships with traditional customers, so production and business activities remained stable and achieved the plan.

Rice milling increased by 3.93%. Currently, the source of raw rice at enterprises is not much, rice purchasing is also difficult, the selling price of rice products in the international and domestic markets is quite competitive. This leads to many enterprises producing large output but profits do not reach the set plan.

Chi so san xuat toan nganh cong nghiep Can Tho gia tang. Anh: My Ly
The labor utilization index of industrial production enterprises in Can Tho increased compared to the same period. Photo: My Ly

The consumption index of the entire processing and manufacturing industry increased by 1.48% over the same period. Processing and preserving aquatic products and aquatic products; milling; beer production; garment manufacturing... are the industries with increased indexes. On the contrary, the consumption index of the industries producing feed, livestock, poultry and aquatic products; producing whole pairs of footwear; producing western medicine; producing cement, lime, plaster... decreased over the same period.

The footwear production index decreased by 53.02% compared to the same period last year. The company's products have to compete with cheap products of the same type, high-quality products at high prices, and used products of famous brands. Orders from agents have decreased. Many retail stores of the company have to close when the number of customers buying products is not enough to cover the cost of labor and premises. The company is expecting the sales volume to improve in the last months of the year.

In the first 10 months of the year, the labor utilization index of industrial production enterprises increased by 3.76% over the same period. State-owned enterprises increased by 2.41%, non-state enterprises decreased by 5.34% and foreign direct investment enterprises increased by 17.64%.

MỸ LY
RELATED NEWS

Can Tho industry flourishes, recruitment demand increases

|

Can Tho - Some key manufacturing industries have grown quite well, contributing to the industrial production index in the first 9 months of 2024 increasing by 8.02% over the same period last year.

Nearly 1,300 new businesses established in Can Tho

|

Can Tho - In the first 9 months of 2024, 1,297 enterprises were newly registered to do business in Can Tho with a total registered capital of VND 11,314 billion.

Earthquake of magnitude 4.0 occurred in Son La

|

Son La - An earthquake with a magnitude of 4.0 occurred in the Muong Hung commune area.

Live football U17 Vietnam vs U17 Korea at the Asian tournament

|

Live match between U17 Vietnam and U17 Korea at the 2026 AFC U17 Championship, taking place at 11:00 PM on May 10.

Yen So pumping station is ready to operate at maximum capacity in the 2026 rainy season

|

Yen So Headworks Complex Management Enterprise proactively deploys plans to respond to heavy rain, ensuring safe drainage for the southern area of the Capital.

Can Tho industry flourishes, recruitment demand increases

MỸ LY |

Can Tho - Some key manufacturing industries have grown quite well, contributing to the industrial production index in the first 9 months of 2024 increasing by 8.02% over the same period last year.

Nearly 1,300 new businesses established in Can Tho

MỸ LY |

Can Tho - In the first 9 months of 2024, 1,297 enterprises were newly registered to do business in Can Tho with a total registered capital of VND 11,314 billion.

8 tháng, tổng vốn đầu tư ở Cần Thơ hơn 13.181 tỉ đồng

Phong Linh |

Con số này tăng khoảng 7.7% so với năm 2023, cho thấy những tín hiệu vui về vốn đầu tư tại TP Cần Thơ.