Immediately after the Lunar New Year, enterprises within the Southern Industrial Zone of Yen Bai swiftly resumed production with enthusiasm and a strong commitment to fulfilling the targets set for 2025. Several companies have expanded their operations to meet rising order volumes — a positive indicator of the resilience and adaptability of local businesses.
Mr. Luu Ton Toan, Production Director at An Tien Industries Joint Stock Company’s Plastic Plant, shared that the company secured substantial orders by the end of 2024 and proactively initiated its production plans from the start of the new year. "With the objective of producing between 9,000 and 10,000 tonnes per month, we have invested in three new production lines to replace outdated equipment. Since our products are primarily exported, we are highly dependent on global markets. This year will pose many challenges, but we are determined to meet our targets and even exceed production in the final months.”
Established in August 2017, Thien An Vietnam Wood Industry Co., Ltd. specializes in manufacturing and trading plywood, veneer, flooring, and cabinetry products for domestic consumption and export. In 2024, the company produced 40,000 cubic meters of wood panels and 600,000 kitchen cabinet sets, boosting both its revenue and post-tax profit over the previous year. Workers at the company earn an average monthly income of 10 million VND.
Chairman of the Yen Bai Provincial People’s Committee, Nguyen Tuan Anh, affirmed that the province will continue to implement consistent, coordinated, and stable investment incentive and support policies, with a focus on allocating resources to develop modern and synchronized strategic infrastructure systems.
Mr. Wang Ai Min, Director of Thien An Vietnam Wood Industry Co., Ltd., stated, "In 2025, we are aiming to increase wood panel output by over 20% and kitchen cabinet sets by more than 50% compared to last year. We already have orders booked through to March 2026. We will continue to strengthen our production and business operations, improving product quality to better meet the demands of our key export markets, while also generating more employment and raising workers’ incomes.”
In the first quarter of 2025, the industrial sector achieved an estimated growth rate of 13%. The Industrial Production Index rose by 9.8%, surpassing the projected scenario of 8.5%. The industrial production value was estimated at 4,460 billion VND, reaching 22.3% of the annual target, 105.2% of the quarterly growth scenario, and 110.5% compared to the same period in 2024.
Ms. Nguyen Thi Khuyen, Director of Nasaki Vietnam Colored Tile Company, shared her outlook on 2025, noting it will be a year marked by considerable volatility in both domestic and international markets. "In such a context,” she said, "we view challenges as opportunities. In terms of market expansion, we aim to penetrate new territories such as Japan and South Korea. At the same time, we are investing in artificial intelligence research to enhance customer experience when using our products.”
To promptly address obstacles in production for businesses, cooperatives, and investors operating within the province, the Yen Bai Provincial People’s Committee held a meeting in early April. This event provided a forum for enterprises and investors to raise concerns, and for provincial leaders, along with heads of relevant departments and agencies, to directly respond to issues relating to support policies, land procedures, and loan access. The aim is to help enterprises stabilize operations, scale up, and expand exports to major international markets.
Local enterprises are striving in production with a spirit of enthusiasm and determination to fulfill their targets and plans for the year 2025.
For Yen Bai to achieve its 2025 growth target of at least 8.2%—with hopes of surpassing 10% under favorable conditions—Chairman of the Provincial People's Committee Nguyen Tuan Anh has called on departments, sectors, and localities to consistently implement synchronized and stable investment support policies. The focus is on developing strategic and modern infrastructure systems, particularly transportation and industrial zones.
Moreover, the province will continue to push for administrative reform, simplify procedures, and effectively implement measures to improve the investment climate and strengthen competitiveness. Authorities will remain closely attuned to business needs, ensuring timely resolution of difficulties and clear guidance throughout administrative processes. Efforts will also be made to accelerate land clearance and site compensation, and decisively revoke delayed projects caused by subjective reasons.
In parallel, businesses and investors are encouraged to embrace innovation, enhance joint ventures and value chain linkages, and pursue development in a green and sustainable direction. With Yen Bai’s commitment to "accompanying businesses and investors,” the local business community is expected to remain proactive and creative, overcoming challenges and fulfilling their production and business objectives for 2025.
Manh Cuong
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