Amid difficulties related to market conditions, input costs and supply chains, enterprises are flexibly adjusting production coupled with business operations while leveraging support from local authorities to sustain growth momentum.

Dak Lak’s economy has recorded positive outcomes, with GRDP increasing by 8.66% in the third quarter and 8.22% in the first nine months year on year. However, enterprises still face considerable pressure in meeting the full-year growth target, particularly amid unpredictable fluctuations in fuel prices, input costs along with export markets.

Producing tuna products at Nguyen Hung Co., Ltd.

For enterprises, the pressure extends beyond securing orders to maintaining cash flow, ensuring supplies of raw materials and labour, while keeping production on schedule. According to Mr. Nguyen Hung Hoa, Director of Nguyen Hung Co., Ltd., as orders increase towards year-end, labour supply is also coming under pressure. The company currently employs about 400 workers, while around 500 - 600 are needed to keep all five production lines operating.

One issue of concern to enterprises is access to capital, particularly for small and medium-sized enterprises (SMEs). Mr. Nguyen Kim Cuong, Director of the State Bank of Viet Nam - Regional Branch 11, said outstanding SME credit remained modest. Some enterprises also have limited management capacity, accounting systems combined with transparent financial reporting, and in some cases have yet to separate personal finances from enterprise finances, making it difficult for credit institutions to conduct assessments.

These limitations not only affect access to capital but also require enterprises to strengthen management capacity, improve financial transparency and take a more proactive approach to production alongside business planning.

Government support

Faced with the challenges of the final push, state management agencies have proactively accompanied enterprises and helped resolve administrative procedures, thereby generating broader support for the private sector.

The province has effectively implemented key solutions to help enterprises optimise resources, restructure production lines and respond flexibly to market fluctuations. Notable measures include administrative reform along with the implementation of policies on tax exemptions and reductions as well as extensions for land-rental payments under recently introduced decrees supporting enterprises.

Production of bananas for export at Banana Brothers Farm JSC.

Mr. Cao Dinh Huy, Director of the Department of Finance, said that the province had strengthened dialogue, monitored the situation and addressed difficulties related to land, investment, construction, taxation, credit alongside markets, thereby creating favourable conditions for enterprises to maintain and expand production coupled with business activities. The province has also implemented a “green lane” mechanism, reducing the maximum time for administrative procedures to 35 days through inter-agency coordination among departments and sectors.

According to Vice Chairman of the Provincial People’s Council, comrade Tu Thai Giang, achieving the target of GRDP growth of more than 10% in 2026 is not merely an economic target but also important for job creation, higher incomes, improved living standards and laying the foundation for the 2026 - 2030 development period.

To achieve this target, authorities along with sectors at all levels need to take more decisive action, accompany enterprises in resolving difficulties and unlock all available resources for growth. In particular, the PPC, together with departments and sectors, will continue to resolutely implement measures to support enterprises, focusing on effectively enforcing Resolutions 68 alongside 57; accelerating public investment disbursement, developing transport infrastructure, promoting science and technology, digital transformation as well as land consolidation to open up greater development space.

Translated by KHUONG THAO