Industrial park manufacturers press on after typhoon

The operation of foreign-invested enterprises in industrial parks nationwide are assessing the impact of Typhoon Yagi, with the hopes of ensuring smooth export activity.

At a mid-September visit led by Secretary of Bac Ninh Party Committee Nguyen Anh Tuan to Amkor Technology Vietnam ATV, company president Ji Jong-rip said it maintained uninterrupted production despite the recent record-breaking typhoon, and floods caused by heavy rains that severely affected other companies in Vietnam.

Industrial park manufacturers press on after typhoon

“It is the result of the company’s preparation to ensure robust production systems, safety measures, and risk management capabilities, and also the support and attendance of the provincial leaders,” Tuan said. “We are grateful to Bac Ninh leaders for their efforts in ensuring the stability of infrastructure and power supply, especially in light of the recent typhoon that caused damage to neighbouring companies.”

Bac Ninh People’s Committee assigned Bac Ninh Power Company to ensure the stability of power for industrial parks (IPs). Before the typhoon swept in, provincial leaders asked Bac Ninh Industrial Zones Management Authority to guide over 2,000 tenants to build plans to respond to the storm, and resolve the consequences in the aftermath.

Nguyen Van Phuc, head of Bac Ninh Economic Zones Management Authority said, “Almost all the enterprises in IPs in the province resumed smooth production, without serious asset damage or loss of life and injury. Before, during, and after the storm, key manufacturers such as Samsung Electronics, Samsung Display, Canon, Foxconn, ABB, Amkor Technology, and Goertek did not suffer power or water cuts, or other interruptions.”

Nguyen Thi Hong Chuyen, deputy general director of IP developer Capella Land told VIR that it allocated tenants in its IPs to build plans to respond to the storm.

“We trimmed trees, reinforced tree roots and the door and roof systems, and arranged for employees to stay home or work on-site when the storm passed by. As a result, only a few trees were uprooted, some fences were broken, all are being repaired, and businesses in the IP have stabilised after the storm,” Chuyen said.

Chuyen pointed out that the well-planned features of the IPs enabled them to weather the storm effectively. “One of the notable points was that our IPs in Bac Ninh, Bac Giang, and Ha Nam were not flooded, thanks to the road systems in the IPs and the drainage systems being invested in a systematic and standard manner,” Chuyen explained. “In addition, we regularly coordinated with the authorities to deploy various measures. Our tenants shared that their supply chain for production has resumed, making export activities go smoothly, and their export turnover will not be affected.”

Business communities impacted by the typhoon are attempting to recover operations to meet the deadline of orders.

Typhooon Yagi tore off over 400 square metres of the factory roof of Suntel Vina Co., Ltd., a South Korean company specialising in electronic component manufacturing for export in Dai An Industrial Zone in Hai Duong province.

In the midst of focusing on completing orders, Suntel Vina aims to minimise the impact on the employment of over 300 workers, ensure the supply schedule of goods to the market, and deliver products as agreed with partners since the beginning of the year. Most production departments at the company had to rearrange activities to ensure the continuity of operations and stabilise production.

In Haiphong, one of the localities suffering the most serious damage from the storm, businesses and IPs urgently addressed the situation, and continue to do so. Power was quickly restored to all businesses, though they are taking steps to ensure continued electrical safety. Conditions for resuming smooth production, such as water and internet access, have largely been restored. To date, all businesses in IPs have resumed production.

At a conference focused on measures to urgently address the aftermath of Typhoon Yagi, Prime Minister Pham Minh Chinh demanded measures to promote business and production recovery, policies for credit support, insurance payments, supply chains, seeds, fertiliser, and industrial and service recovery.

The General Statistics Office’s figures show that in the first eight months of the year, the total import and export turnover of goods reached $511.11 billion, up 16.7 per cent over the same period. There were 30 items with export turnover of over $1 billion, contributing 92.3 per cent of the total. Six items had a turnover of over $10 billion, accounting for 62.6 per cent. Of these, the highest was electronics, computers and components, reaching $46.33 billion, up 28.9 per cent over the same period. Phones and components saw a significant increase, achieving over $37 billion, up 9.5 per cent. Machinery, equipment, and spare parts also performed remarkably, reaching $32.73 billion, reflecting a substantial increase of 21.8 per cent.

Nguyen Kim

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