Supporting industry products looking for year-end orders

​The end of the year is usually the season to promote production, business and export of enterprises especially for countries with great economic openness such as Vietnam, however, this year, the export picture of enterprises face many difficulties. Orders fell, production held, many factors in price, finance and the adverse effects of the world caused enterprises in general to be staggered, many units shrinking production, reducing staff...

Enterprises participate in the search for customers at the Vietnam-Japan trade connection conference organized by the provincial People's Committee

In the context of manufacturers, the drop in export orders has made many domestic auxiliary commodity suppliers also cramped.

Tight to find orders

Duong Dang Phat Co., Ltd (Bien Hoa City) specializes in supplying supporting industry products in the field of mechanical engineering, manufacturing with items such as hardware, nails, screws, hinges for enterprises inside and outside the province. Mr. Duong Hai Dang, Director of the company said, this is one of the most difficult times of enterprises since its establishment. Due to the peculiarity of the production unit of industrial supporting products, it is heavily dependent on the terminal manufacturers, make exporting goods. Over the past time, many of the company's partners affected from the export market have led the supply output of this enterprise to decline. Inventory and public debt are one of the problems that manufacturing units like him and many other small and medium-sized enterprises are facing.

Similarly, for the timber industry, not only has difficulties with the export market, the domestic timber market is also suffering from significant revenue reduction. Exports of wood products have decreased by 30%, revenue of many enterprises decreased by half, even some enterprises forced to close. Manufacturers experiencing difficulties in both domestic and export markets have also had a strong impact on suppliers of raw materials.

Ms. Tran Thi Thuc, Director of Ta Nha Tay Products Joint Stock Company, which specializes in supplying raw materials for wood industry, said that over the past time, the output of wood raw materials that the supply unit has difficulty, so the last months of the year are struggling to find more orders.

“As one of the largest suppliers of wood materials in the country, we guarantee to provide our partners with wood furniture materials of legal origin, creating peace of mind for manufacturers. Besides, we also want to introduce more to the domestic furniture market, not only for export but also imported wood is also a commodity that needs more attention when domestic wood materials are increasingly scarce" - Ms. Thuc expected.
Actively participate in connection programs
In addition to “self-help" in the difficult period, in order to prepare for long-term development plans, enterprises also actively participate in trade promotion programs, fairs, trade organized by state agencies and units.

Phuoc Hung Mechanical Production Trading Co., Ltd  (Bien Hoa city) is in the process of developing and expanding production scale, the second half of the year is experiencing general fluctuations like most other units. Ms. Nguyen La Anh Dao, Director of the company said that the unit had just rearranged the factory, gave new products, so she wanted to find more partners, prepare for long-term development plan. Participating in the program to connect and trade with Japanese enterprises recently organized by the provincial People's Committee, the company has also initially been able to contact with domestic and foreign partners. According to Ms. Dao, participating in the programs is an opportunity for enterprises to connect directly, shorten the time of searching for customers, and also propose more policies for the State.

Similarly, at the 3rd Vietnam International Exhibition on Supporting and Processing Industries (VIMEXPO 2022), held in Ho Chi Minh City , Nhat Nam Mechanical Co., Ltd has brought its products on display, introduced to customers. Mr. Tran Quy, Director of the company shared through fairs, exhibitions, Nhat Nam opportunities to promote their products and access new technologies, get acquainted with some partners. Nhat Nam will constantly innovate, innovate and develop to provide services and products with the best quality, meet the needs and trust of customers.