HCM City businesses manage to overcome COVID-19 woes

Nov 24th at 08:58
24-11-2021 08:58:07+07:00

HCM City businesses manage to overcome COVID-19 woes

Some HCM City businesses have been able to shrug off the difficulties caused by COVID-19 and achieve their targets thanks to thorough preparations.

 

DLG Ansen Electronic Co., Ltd. has been able to fulfil its contracts despite the pandemic, and even got plenty of new orders from satisfied customers.

Dang Cong Binh, director of the company, told Tuoi Tre (Youth) newspaper that many overseas customers had been greatly worried about whether the company could fulfil its orders, and so it had to prove to them production had not been interrupted.

“We had to live-stream our staff working normally and being healthy and show that we had abundant materials to sustain production to put our partners at ease.”

After the city began to reopen, the company started paying for more worker shifts to increase its production.

The company also prepared for global supply chain breakages by stocking up on raw materials months beforehand, allowing it to continue production throughout the pandemic.

Unlike many other businesses, it did not have much problem with retaining staff, since it mostly employed local workers who were able to return to work easily.

It has also been more proactive in dealing with COVID cases, setting up its own facility to treat patients.

Workers feel at ease since they are all fully vaccinated and people coming into contact with patients are stationed to work at separate locations and regularly monitored.

The company has its workers tested for COVID every three days, and they all wear masks and face shields at work and are distanced from each other.

Supermarket operator Saigon Co.op began making contingency plans for various scenarios in the third quarter last year, basing them on what some neighbouring countries are doing.

Le Truong Son, deputy director of the company, told Tuoi Tre newspaper that the planning allowed it to adapt quickly and sustain its activities to ensure steady supply of food to the city.

“The company encountered many difficulties due to the pandemic. We had to make quick decisions and carry out new selling methods which we had never done before, such as selling to customers in quarantine zones and working with union groups and the military.”

The city also greatly helped Saigon Co.op, he said.

Most businesses in HCM City have been able to reopen and resume production, but face problems such as low demand and high expenses.

The Ministry of Industry and Trade’s Trade Facilitation Agency is organising a series of offline and online consultation programmes until the end of the year to offer businesses in a wide range of industries information and advice on import-export opportunities.

Minister of Industry and Trade Nguyen Hong Dien said these events are aimed at helping businesses overcome challenges and sustain exports. 

bizhub



RELATED STOCK CODE (2)

NEWS SAME CATEGORY

Policy choices for Government to design economic master programme

Viet Nam’s Government is planning a master programme to gear up for a post-pandemic recovery, which this time requires sophisticated organisation and effective...

PM Chinh calls for cross-sector cooperation with Japan in official visit

PM Pham Minh Chinh said Tuesday that the bilateral relationship between Vietnam and Japan was at its best and suggested that it is further strengthened in six focus...

AEAU opens up huge opportunities for Vietnam-Russia economic cooperation

The combined market size of 250 million people is a significant incentive for companies from the two countries to tap into the potential, contributing to reaching...

The opportunity for cloud-driven economic recovery in Vietnam

Across Asia, governments face the difficult task of delivering sustained economic recovery while managing the unpredictable transition of COVID-19 from a pandemic...

Viet Nam-Australia investment, trade promotion centre inaugurated

Vietnamese Ambassador to Australia Nguyen Tat Thanh attended a ceremony to inaugurate the Viet Nam-Australia Investment and Trade Promotion Centre on November 20.

Thai Nguyen a trustworthy companion for investors

The northern province of Thai Nguyen has succeeded in maintaining growth momentum with a ‘green zone’ status in pandemic containment and upbeat achievements in...

Vietnam should prioritize domestic borrowing over foreign to fund recovery: Expert

Vietnam should mobilize resources internally to fund economic recovery instead of getting foreign loans, a former acting chairman of the National Financial...

Vietravel invests another $25.8 mln in its carrier

Tourism company Vietravel has decided to invest an additional VND593.5 billion ($25.8 million) in Vietravel Airlines this year.

Vietnamese, Chinese localities step up trade exchange

Trade promotion agencies in the northern border province of Lao Cai and the Chinese province of Zhejiang’s Hangzhou city organised an international conference on...

HCMC seeks $960 mln from state budget for six major projects

HCMC has asked the central government for VND21.7 trillion ($960 million) to upgrade three hospitals and build three infrastructure projects.


MOST READ


Back To Top