Businesses strive to expand markets

(DN)- At the start of 2025, enterprises are resuming operations with hopes of global economic recovery, paving the way for stable growth and successful business plans. While companies focus on retaining talent, improving technology, and reducing production costs, they also seek further government support to expand their markets.

Seeking growth opportunities

Despite economic challenges in 2024, Toan Cau Packaging Investment & Production Co., Ltd. (Bien Hoa) achieved an impressive 200% growth by targeting packaging for Vietnam’s major rice exporters. General Director Pham Van Chinh emphasized the need for macroeconomic stability, inflation control, and infrastructure upgrades to support business expansion.

Meanwhile, Tuong Lai Co., Ltd. (Long Thanh) maintained steady production last year. The company operates three shifts for rubber product manufacturing and one shift for plastic goods. Factory Director Le Dang Quoc said the company is actively seeking additional domestic and international orders to boost revenue in 2025.

Expanding beyond Dong Nai, Truong Giang Phat Co., Ltd. has established retail networks in Binh Duong, Binh Phuoc, and Ho Chi Minh city. Originally catering to small traders, the company now supplies schools, supermarkets, and industrial enterprises. Director Vu Van Tu stated that in 2025, the company plans to introduce new processed meat products such as sausages and Vietnamese ham to meet market demand.

Enhancing product quality standards

Employing 4,000 workers, Dong Nai Rubber Corporation supplies both domestic and international markets. The company has implemented automation and was the first in Vietnam’s rubber industry to develop a traceability system meeting EU Deforestation Regulation (EUDR) standards. This enabled the recent export of 1,600 tons of rubber to Europe. CEO Do Minh Tuan emphasized the company’s commitment to sustainability, digital transformation, and developing high-value-added products.

Similarly, Nhat Nam Mechanical Co., Ltd. (Bien Hoa) has upgraded its production capacity despite challenges in the engineering sector. Director Tran Quy highlighted efforts to train skilled workers and secure new domestic and international contracts, particularly from Japan.

In construction, Chinh Nam Construction & Design JSC aims to become a leading general contractor for large-scale projects in Dong Nai. Having grown steadily for two decades, the company is now setting its sights on executing major residential, industrial, and infrastructure developments, according to CEO Tran Quang Huan.

With ongoing improvements in technology, workforce development, and market expansion, businesses in Dong Nai are positioning themselves for a strong 2025.

Reported by V.Gia