According to the Can Tho City Statistics Office, manufacturing enterprises are making efforts to complete the year's production and business plans as well as prepare goods for consumption at the end of the year, so industrial production in November continues to have a positive trend. In the 11 months of 2024, the industrial production index of the whole industry is estimated to increase by 7.51% over the same period last year.
Processing and manufacturing increased by 7.99%; electricity production and distribution increased by 5.45%; water supply, waste and wastewater management and treatment activities increased by 0.85%.
Some industrial products increased compared to the same period such as other plastic bags and sacks; mineral fertilizers and NPK chemical fertilizers; ready-made clothes; nails, rubber nails, staples, etc.
Production of some garment enterprises is still quite favorable, receiving production orders until the end of the fourth quarter of 2024. Enterprises still maintain good relationships with traditional customers who are major brands in the world. Accordingly, ready-made clothing products increased by 91.52%.
If last year, nail, rivet, and staple manufacturing enterprises still faced difficulties when their products had to compete with cheap products of the same type from the Chinese market, in the last months of this year, the enterprises' export orders to the US market remained stable, with production increasing compared to the same period. Nail, rivet, and staple products are estimated to increase by 36.04%.
On the other hand, cement, canned beer, pharmaceuticals containing hormones but not antibiotics in tablet form and aquatic feed are some products that decreased compared to the same period.
The consumption index of the entire processing and manufacturing industry in the first 11 months of 2024 increased by 1.68% over the same period. Some industries with increased consumption compared to the same period include processing and preserving aquatic products and aquatic products; milling, printing; sewing garments (except fur garments); production of corrugated paper, corrugated cardboard, paper and cardboard packaging; production of plastic products, etc.
According to the report of the plastic packaging manufacturing company, in the last months of the year, the unit received many orders to serve the consumption needs at the end of the year and the first months of the year, causing the consumption volume to increase. The consumption index of the plastic product manufacturing industry is estimated to increase by 12.69% in the first 11 months of 2024 compared to the same period.
On the contrary, footwear manufacturing enterprises continue to face many difficulties and challenges from the market. Product consumption has decreased sharply. Orders from agents and retail stores of the enterprise's products have also decreased even though the enterprise has applied many promotional programs.
